What is FRANKLIN NURSING HOME?

FRANKLIN NURSING HOME is a Medicare-certified skilled nursing facility located in FRANKLIN, TX (CCN 675897). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is FRANKLIN NURSING HOME located?

FRANKLIN NURSING HOME is located in FRANKLIN, TX 77856.

How many beds does FRANKLIN NURSING HOME have?

FRANKLIN NURSING HOME has 90 certified beds, with −$387K in net patient revenue per its latest CMS cost report.

ACQUISITION SIGNALSLow census (turnaround opportunity)

SNF COST REPORT · CCN 675897 · FY 2022

FRANKLIN NURSING HOME

FRANKLIN, TX 77856 · Fiscal year ending 2022-05-31

90 bedsSNF

−$387K

TOTAL REVENUE

−$695K

OPERATING INCOME

—

OPERATING MARGIN

TOTAL BEDS

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$387K
Total costs: $307K
Operating income (rev − costs): −$695K
Operating margin: —
Total charges: $448K

02 — UTILIZATION

Utilization

Total beds: 90
Total inpatient days: 7,444
Medicare days (Title XVIII): 600
Medicaid days (Title XIX): 5,394
Total discharges: 34

03 — HISTORY

6-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$3.2M	−$903K	90	-28.1%
2018	$3.9M	−$670K	90	-17.4%
2019	$3.4M	−$1.2M	90	-35.8%
2020	$3.3M	−$984K	90	-29.5%
2021	$3.1M	−$1.0M	90	-33.5%
2022	−$387K	−$695K	90	179.4%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
WEST WHARTON COUNTY HOSPITAL DISTRICT	Organization	100%	—
BLAKE, GARY	Individual	—	—
BLAKE, MALISA	Individual	—	—
FRANKLIN II ENTERPRISES, LLC	Organization	—	—
HUGGINS, LINDA	Individual	—	—
THOMPSON, JOHNNY	Individual	—	—
WILLIG, ZACHARY	Individual	—	—

CROSS-REFERENCE

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HCRIS.io

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990Health

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CareLens

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