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SNF COST REPORT · Loading…
Stethopowered by▸healthparse
Practices▾
DermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical Therapy
Facilities▾
Skilled NursingHome HealthHospiceDialysis
CompareOwnershipOperatorsDealsPricing
PracticesDermatologyOphthalmologyOrthopedicsDentalUrgent CarePhysical TherapyFacilitiesSkilled NursingHome HealthHospiceDialysisCompareOwnershipOperatorsDealsPricing
SNF COST REPORT · CCN 675892 · FY 2023

GULF POINTE PLAZA

ROCKPORT, TX 78382 · Fiscal year ending 2023-08-31

120 bedsSNF
$39K
TOTAL REVENUE
−$521K
OPERATING INCOME
-1342.6%
OPERATING MARGIN
120
TOTAL BEDS
171
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
$39K
Total costs
$559K
Operating income (rev − costs)
−$521K
Operating margin
-1342.6%
Total charges
$1.5M
02 — UTILIZATION

Utilization

Total beds
120
Total inpatient days
17,875
Medicare days (Title XVIII)
1,115
Medicaid days (Title XIX)
10,767
Total discharges
171
CROSS-REFERENCE

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Back to SNF search
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PricingContactPrivacyTerms
ACQUISITION SIGNALSDeclining marginsLow census (turnaround opportunity)
03 — HISTORY

7-year trend

$1.2M$3.1M$4.9M$6.8M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$4.4M−$27K120-0.6%
2018$4.0M−$629K120-15.7%
2019$4.5M$141K1203.1%
2020$6.8M$103K1201.5%
2021$5.5M−$630K120-11.4%
2022$146K−$699K120-478.2%
2023$39K−$521K120-1342.6%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
CULP, ROLANDIndividual33%—
DASPIT, LAURENCEIndividual33%—
PRINCE, DEREKIndividual33%—
BALSAMO, KRYSTALIndividual——
CIBC BANK USAOrganization——
CIBC BANK USAOrganization——
CULP, ROLANDIndividual——
CULP, ROLANDIndividual——
DASPIT, LAURENCEIndividual——
DASPIT, LAURENCEIndividual——
DAVIS, RHONDAIndividual——
DOHN, WILLIAMIndividual——
FORVIS MAZARS LLPOrganization——
HIGGINS, MICHAELIndividual——
HMG PARTNERS I, LLCOrganization——
HMG ROCKPORT SNF, LPOrganization——
HMG SERVICES LLCOrganization——
MURRELL, EDWARDIndividual——
MURRELL, EDWARDIndividual——
PRINCE, DEREKIndividual——
PRINCE, DEREKIndividual——
REINARZ, CHRISTIANIndividual——
ROLLO, JEFFERYIndividual——
ROLLO, JEFFERYIndividual——
SOLIS, ADRIENNEIndividual——
STRAMECKI, ANTHONYIndividual——
STRAMECKI, ANTHONYIndividual——
VRATIS, KACEYIndividual——
VRATIS, KACEYIndividual——
WAY, GEORGEIndividual——
WAY, GEORGEIndividual——
WINNIE-STOWELL HOSPITAL DISTRICTOrganization——