ACQUISITION SIGNALSDeclining margins
SNF COST REPORT · CCN 675924 · FY 2023
REGENT CARE CENTER OF WOODWAY
WOODWAY, TX 76712 · Fiscal year ending 2023-12-31
144 bedsSNF
−$837K
TOTAL REVENUE
−$2.5M
OPERATING INCOME
—
OPERATING MARGIN
144
TOTAL BEDS
167
DISCHARGES
01 — FINANCIAL
Financial summary
- Net patient revenue
- −$837K
- Total costs
- $1.7M
- Operating income (rev − costs)
- −$2.5M
- Operating margin
- —
- Total charges
- $2.9M
02 — UTILIZATION
Utilization
- Total beds
- 144
- Total inpatient days
- 27,871
- Medicare days (Title XVIII)
- 1,551
- Medicaid days (Title XIX)
- 19,078
- Total discharges
- 167
03 — HISTORY
7-year trend
| Year | Revenue | Operating Income | Beds | Margin |
|---|---|---|---|---|
| 2017 | $6.5M | −$1.0M | 144 | -15.3% |
| 2018 | $5.8M | −$855K | 144 | -14.7% |
| 2019 | $5.6M | −$827K | 144 | -14.8% |
| 2020 | $4.6M | −$1.4M | 144 | -30.0% |
| 2021 | $5.2M | −$2.7M | 144 | -51.6% |
| 2022 | −$1.4M | −$2.9M | 144 | 200.9% |
| 2023 | −$837K | −$2.5M | 144 | 303.7% |
04 — OWNERSHIP
Ownership chain
| Owner | Type | Ownership % | Since |
|---|---|---|---|
| CORYELL COUNTY MEMORIAL HOSPITAL AUTHORITY | Organization | 100% | — |
| BYROM, DAVID | Individual | — | — |
| FELLBAUM, ERNEST | Individual | — | — |
| FUZE VENTURES, LP | Organization | — | — |
| HEALTHCARE INVESTMENTS RC, LLC | Organization | — | — |
| LTC HOUSTON MANAGEMENT LLC | Organization | — | — |
| M VENTURES 111, LLC | Organization | — | — |
| MARTEL, MICHAEL | Individual | — | — |
| MMT REALTY-WACO, LLC | Organization | — | — |
| STUDER, STANLEY | Individual | — | — |
| THREADGILL, FORREST | Individual | — | — |
| THREADGILL, MORGAN | Individual | — | — |
| THREADGILL, SHARLYN | Individual | — | — |
| THREADGILL, SHARLYN | Individual | — | — |
| THREADGILL, WADE | Individual | — | — |
| WRHC RE, LLC | Organization | — | — |
| WRHC,LLC | Organization | — | — |