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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 675945 · FY 2023

WELLINGTON CARE CENTER

WELLINGTON, TX 79095 · Fiscal year ending 2023-12-31

76 bedsSNF
−$275K
TOTAL REVENUE
−$607K
OPERATING INCOME
—
OPERATING MARGIN
76
TOTAL BEDS
74
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$275K
Total costs
$332K
Operating income (rev − costs)
−$607K
Operating margin
—
Total charges
$368K
02 — UTILIZATION

Utilization

Total beds
76
Total inpatient days
13,262
Medicare days (Title XVIII)
263
Medicaid days (Title XIX)
10,487
Total discharges
74
CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io
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CareLens
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03 — HISTORY

7-year trend

$161K$1.1M$2.0M$3.0M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$2.7M−$127K76-4.6%
2018$3.0M−$83K76-2.8%
2019$2.9M−$175K76-6.1%
2020$2.9M−$266K76-9.2%
2021$2.6M−$541K76-20.6%
2022−$346K−$782K76226.0%
2023−$275K−$607K76220.6%
ACQUISITION SIGNALSDeclining marginsLow census (turnaround opportunity)
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
CHILDRESS COUNTY HOSPITAL DISTRICTOrganization100%—
BLAKE, GARYIndividual——
BLAKE, MALISAIndividual——
HOLCOMB, HOLLYIndividual——
HUGGINS, LINDAIndividual——
STRATTON, EMILEEIndividual——
WELLINGTON I ENTERPRISES, LLCOrganization——
WILLIG, ZACHARYIndividual——