What is AZALEA TRAILS?

AZALEA TRAILS is a Medicare-certified skilled nursing facility located in GRAND SALINE, TX (CCN 675253). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is AZALEA TRAILS located?

AZALEA TRAILS is located in GRAND SALINE, TX 75410-0457.

How many beds does AZALEA TRAILS have?

AZALEA TRAILS has 76 certified beds, with $68K in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSDeclining margins

SNF COST REPORT · CCN 675253 · FY 2023

AZALEA TRAILS

GRAND SALINE, TX 75410-0457 · Fiscal year ending 2023-12-31

76 bedsSNF

$68K

TOTAL REVENUE

−$636K

OPERATING INCOME

-934.1%

OPERATING MARGIN

TOTAL BEDS

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: $68K
Total costs: $704K
Operating income (rev − costs): −$636K
Operating margin: -934.1%
Total charges: $760K

02 — UTILIZATION

Utilization

Total beds: 76
Total inpatient days: 17,526
Medicare days (Title XVIII): 3,148
Medicaid days (Title XIX): 10,639
Total discharges: 48

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$3.0M	−$626K	76	-21.2%
2018	$2.7M	−$991K	76	-36.4%
2019	$2.9M	−$844K	76	-29.5%
2020	$2.3M	−$1.5M	76	-63.3%
2021	$2.1M	−$1.8M	76	-88.4%
2022	−$421K	−$966K	76	229.7%
2023	$68K	−$636K	76	-934.1%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
WARD, MICHAEL	Individual	50%	—
WARD, PATRICIA	Individual	50%	—
WARD, PATRICIA	Individual	—	—

CROSS-REFERENCE

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HCRIS.io

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990Health

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CareLens

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