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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsResearchPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsResearchPricing
SNF COST REPORT · CCN 675067 · FY 2023

GAINESVILLE CONVALESCENT CENTER

GAINESVILLE, TX 76240-3604 · Fiscal year ending 2023-12-31

112 bedsSNF
$747K
TOTAL REVENUE
$141K
OPERATING INCOME
18.9%
OPERATING MARGIN
112
TOTAL BEDS
35
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$747K
Total costs
$606K
Operating income (rev − costs)
$141K
Operating margin
18.9%
Total charges
$1.6M
02 — UTILIZATION

Utilization

Total beds
112
Total inpatient days
18,942
Medicare days (Title XVIII)
3,175
Medicaid days (Title XIX)
13,121
Total discharges
35
CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io
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CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

7-year trend

−$103K$991K$2.1M$3.2M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$3.2M−$890K112-28.0%
2018$2.0M−$427K112-21.5%
2019$2.4M−$815K112-34.4%
2020$2.6M−$628K112-24.3%
2021$932K−$341K112-36.6%
2022−$804K−$1.2M112148.9%
2023$747K$141K11218.9%
ACQUISITION SIGNALSLow census (turnaround opportunity)
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
COUNTY OF THROCKMORTONOrganization100%—
1900 O'NEAL STREET OPCO, LLCOrganization——
1900 O'NEAL STREET PROPERTY OWNER, LLCOrganization——
FREUND, NOCHUMIndividual——
GOBER, KIRBYIndividual——
TRAVITSKY, AARONIndividual——
WATSON, NATHANIndividual——