What is HERITAGE HEALTHCARE RESIDENCE?

HERITAGE HEALTHCARE RESIDENCE is a Medicare-certified skilled nursing facility located in QUITMAN, TX (CCN 675553). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is HERITAGE HEALTHCARE RESIDENCE located?

HERITAGE HEALTHCARE RESIDENCE is located in QUITMAN, TX 75783.

How many beds does HERITAGE HEALTHCARE RESIDENCE have?

HERITAGE HEALTHCARE RESIDENCE has 156 certified beds, with −$171K in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSLow census (turnaround opportunity)

SNF COST REPORT · CCN 675553 · FY 2023

HERITAGE HEALTHCARE RESIDENCE

QUITMAN, TX 75783 · Fiscal year ending 2023-12-31

156 bedsSNF

−$171K

TOTAL REVENUE

−$650K

OPERATING INCOME

—

OPERATING MARGIN

156

TOTAL BEDS

106

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$171K
Total costs: $480K
Operating income (rev − costs): −$650K
Operating margin: —
Total charges: $666K

02 — UTILIZATION

Utilization

Total beds: 156
Total inpatient days: 13,090
Medicare days (Title XVIII): 2,744
Medicaid days (Title XIX): 7,462
Total discharges: 106

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$4.4M	−$523K	164	-11.8%
2018	$4.9M	$201K	164	4.1%
2019	$2.2M	−$1.5M	164	-66.4%
2020	$3.2M	−$1.6M	156	-50.9%
2021	$742K	−$616K	156	-83.0%
2022	−$385K	−$904K	156	234.8%
2023	−$171K	−$650K	156	380.5%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
STRATFORD HOSPITAL DISTRICT	Organization	100%	—
CARADAY QUITMAN LLC	Organization	—	—
CHUMLEY, RICHARD	Individual	—	—
MOORE, GREGORY	Individual	—	—

CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io

Medicare cost reports, margins, utilization

PriceTransparency.io

Published negotiated rates, payer mix, compliance

990Health

IRS Form 990 financials, executive compensation

CareLens

CMS quality ratings, inspections, staffing

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