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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsResearchPricing
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SNF COST REPORT · CCN 675460 · FY 2023

PARK HIGHLANDS NURSING & REHABILITAT

ATHENS, TX 75751 · Fiscal year ending 2023-12-31

132 bedsSNF
−$735K
TOTAL REVENUE
−$1.7M
OPERATING INCOME
—
OPERATING MARGIN
132
TOTAL BEDS
266
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$735K
Total costs
$928K
Operating income (rev − costs)
−$1.7M
Operating margin
—
Total charges
$1.4M
02 — UTILIZATION

Utilization

Total beds
132
Total inpatient days
18,741
Medicare days (Title XVIII)
1,445
Medicaid days (Title XIX)
10,479
Total discharges
266
CROSS-REFERENCE

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HCRIS.io
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CareLens
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ACQUISITION SIGNALSDeclining marginsLow census (turnaround opportunity)
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
FANNIN COUNTY HOSPITAL AUTHORITYOrganization100%—
ATHENS I ENTERPRISES, LLCOrganization——
BLAKE, GARYIndividual——
BLAKE, MALISAIndividual——
HUGGINS, LINDAIndividual——
SANDERSON, CLARKIndividual——
WILLIG, ZACHARYIndividual——
03 — HISTORY

7-year trend

$1.0M$3.7M$6.5M$9.2M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$6.8M$1.7M13225.4%
2018$9.2M$1.9M13220.5%
2019$7.8M$919K13211.8%
2020$7.7M$510K1326.6%
2021$5.7M−$88K132-1.5%
2022−$754K−$1.5M132197.9%
2023−$735K−$1.7M132226.3%