ACQUISITION SIGNALSLow census (turnaround opportunity)
SNF COST REPORT · CCN 675267 · FY 2023
GREENBRIER NURSING & REHABILITATION
TYLER, TX 75702 · Fiscal year ending 2023-09-30
120 bedsSNF
−$418K
TOTAL REVENUE
−$1.1M
OPERATING INCOME
—
OPERATING MARGIN
120
TOTAL BEDS
147
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- −$418K
- Total costs
- $643K
- Operating income (rev − costs)
- −$1.1M
- Operating margin
- —
- Total charges
- $678K
02 — UTILIZATION
Utilization
- Total beds
- 120
- Total inpatient days
- 21,302
- Medicare days (Title XVIII)
- 1,536
- Medicaid days (Title XIX)
- 15,254
- Total discharges
- 147
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $4.2M | −$376K | 120 | -9.0% |
| 2018 | $4.2M | −$421K | 120 | -10.1% |
| 2019 | $3.8M | −$592K | 120 | -15.5% |
| 2020 | $4.1M | −$366K | 120 | -8.9% |
| 2021 | $2.9M | −$1.2M | 120 | -42.8% |
| 2022 | −$383K | −$614K | 120 | 160.5% |
| 2023 | −$418K | −$1.1M | 120 | 253.6% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| LIBERTY COUNTY HOSPITAL DISTRICT NO. 1 | Organization | 100% | — |
| BLAKE, GARY | Individual | — | — |
| BLAKE, MALISA | Individual | — | — |
| HUGGINS, LINDA | Individual | — | — |
| STRATTON, CHARLES | Individual | — | — |
| TYLER II ENTERPRISES, LLC | Organization | — | — |
| WILLIG, ZACHARY | Individual | — | — |