What is HEIGHT STREET SKILLED CARE?

HEIGHT STREET SKILLED CARE is a Medicare-certified skilled nursing facility located in BAKERSFIELD, CA (CCN 555902). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is HEIGHT STREET SKILLED CARE located?

HEIGHT STREET SKILLED CARE is located in BAKERSFIELD, CA 93305.

How many beds does HEIGHT STREET SKILLED CARE have?

HEIGHT STREET SKILLED CARE has 198 certified beds, with −$2.2M in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSLow census (turnaround opportunity)

SNF COST REPORT · CCN 555902 · FY 2023

HEIGHT STREET SKILLED CARE

BAKERSFIELD, CA 93305 · Fiscal year ending 2023-12-31

198 bedsSNF

−$2.2M

TOTAL REVENUE

−$3.4M

OPERATING INCOME

—

OPERATING MARGIN

198

TOTAL BEDS

222

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$2.2M
Total costs: $1.2M
Operating income (rev − costs): −$3.4M
Operating margin: —
Total charges: $1.4M

02 — UTILIZATION

Utilization

Total beds: 198
Total inpatient days: 33,451
Medicare days (Title XVIII): 4,486
Medicaid days (Title XIX): 27,918
Total discharges: 222

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$2.2M	−$2.5M	237	-114.0%
2018	$5.5M	−$3.6M	237	-64.6%
2019	$6.8M	−$2.5M	237	-35.8%
2020	$9.7M	−$865K	237	-8.9%
2021	$11.4M	−$107K	237	-0.9%
2022	$70K	−$1.1M	237	-1533.8%
2023	−$2.2M	−$3.4M	198	151.8%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
GOLDEN STATE PALMS INC	Organization	—	—
HEIGHT STREET HOLDINGS LLC	Organization	—	—
SHEINBERGER, JACOB	Individual	—	—
SHEINBERGER, JACOB	Individual	—	—

CROSS-REFERENCE

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HCRIS.io

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PriceTransparency.io

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990Health

IRS Form 990 financials, executive compensation

CareLens

CMS quality ratings, inspections, staffing

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