What is CORRIGAN LTC PARTNERS INC.?

CORRIGAN LTC PARTNERS INC. is a Medicare-certified skilled nursing facility located in CORRIGAN, TX (CCN 676072). Stetho tracks its CMS cost report financials, bed count, occupancy, and ownership chain for M&A targeting.

Where is CORRIGAN LTC PARTNERS INC. located?

CORRIGAN LTC PARTNERS INC. is located in CORRIGAN, TX 75939.

How many beds does CORRIGAN LTC PARTNERS INC. have?

CORRIGAN LTC PARTNERS INC. has 86 certified beds, with −$209K in net patient revenue per its latest CMS cost report.

SNF COST REPORT · CCN 676072 · FY 2023

CORRIGAN LTC PARTNERS INC.

CORRIGAN, TX 75939 · Fiscal year ending 2023-12-31

86 bedsSNF

−$209K

TOTAL REVENUE

−$813K

OPERATING INCOME

—

OPERATING MARGIN

TOTAL BEDS

122

DISCHARGES

01 — FINANCIAL

Financial summary

Net patient revenue: −$209K
Total costs: $604K
Operating income (rev − costs): −$813K
Operating margin: —
Total charges: $567K

02 — UTILIZATION

Utilization

Total beds: 86
Total inpatient days: 18,749
Medicare days (Title XVIII): 1,824
Medicaid days (Title XIX): 11,966
Total discharges: 122

03 — HISTORY

7-year trend

Year	Revenue	Operating Income	Beds	Margin
2017	$3.0M	−$494K	86	-16.7%
2018	$3.0M	−$540K	86	-18.0%
2019	$2.7M	−$577K	86	-21.2%
2020	$3.2M	−$873K	86	-26.9%
2021	$4.2M	−$761K	86	-18.2%
2022	−$246K	−$996K	86	405.1%
2023	−$209K	−$813K	86	389.0%

04 — OWNERSHIP

Ownership chain

Owner	Type	Ownership %	Since
WINNIE-STOWELL HOSPITAL DISTRICT	Organization	100%	—
BERGERON, BOBBY	Individual	—	—
CORRIGAN LTC PARTNERS, INC.	Organization	—	—
EAST TEXAS III ASSOCIATES, LLC	Organization	—	—
MURRELL, EDWARD	Individual	—	—
NICHOLSON, LOUIS	Individual	—	—

CROSS-REFERENCE

Related data on other Healthparse brands

HCRIS.io

Medicare cost reports, margins, utilization

PriceTransparency.io

Published negotiated rates, payer mix, compliance

990Health

IRS Form 990 financials, executive compensation

CareLens

CMS quality ratings, inspections, staffing

Back to SNF search