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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 676055 · FY 2023

SHADY ACRES HEALTH AND REHAB

NEWTON, TX 75966 · Fiscal year ending 2023-12-31

84 bedsSNF
−$370K
TOTAL REVENUE
−$796K
OPERATING INCOME
—
OPERATING MARGIN
84
TOTAL BEDS
125
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$370K
Total costs
$425K
Operating income (rev − costs)
−$796K
Operating margin
—
Total charges
$436K
02 — UTILIZATION

Utilization

Total beds
84
Total inpatient days
15,231
Medicare days (Title XVIII)
1,403
Medicaid days (Title XIX)
11,628
Total discharges
125
CROSS-REFERENCE

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03 — HISTORY

7-year trend

−$1.6M$147K$1.9M$3.6M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$427K−$3.3M105-782.7%
2018$2.9M−$679K84-23.0%
2019$3.6M−$536K84-15.0%
2020$3.6M−$551K84-15.1%
2021$3.1M−$960K84-31.1%
2022−$475K−$889K84187.0%
2023−$370K−$796K84214.8%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
NATHAN HINES ESTATEOrganization78%—
HINES, ROSSIndividual22%—
HINES, ROSSIndividual——
HINES, ROSSIndividual——
HINES, ROSSIndividual——
HINES, ROSSIndividual——
ACQUISITION SIGNALSDeclining marginsLow census (turnaround opportunity)