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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 676246 · FY 2023

SONGBIRD HEALTHCARE INC.

AUSTIN, TX 78741 · Fiscal year ending 2023-09-30

122 bedsSNF
−$344K
TOTAL REVENUE
−$2.2M
OPERATING INCOME
—
OPERATING MARGIN
122
TOTAL BEDS
192
DISCHARGES
01 — FINANCIAL

Financial summary

Net patient revenue
−$344K
Total costs
$1.9M
Operating income (rev − costs)
−$2.2M
Operating margin
—
Total charges
$5.4M
02 — UTILIZATION

Utilization

Total beds
122
Total inpatient days
28,918
Medicare days (Title XVIII)
1,380
Medicaid days (Title XIX)
22,680
Total discharges
192
CROSS-REFERENCE

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HCRIS.io
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CareLens
CMS quality ratings, inspections, staffing
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03 — HISTORY

7-year trend

−$141K$2.7M$5.5M$8.3M2017201820192020202120222023RevenueOperating Income
YearRevenueOperating IncomeBedsMargin
2017$7.1M−$2.1M122-29.8%
2018$8.3M−$420K122-5.1%
2019$2.9M−$982K122-33.6%
2020$5.5M−$2.9M122-53.4%
2021$4.2M−$2.4M122-57.3%
2022−$1.4M−$2.0M122148.1%
2023−$344K−$2.2M122645.4%
04 — OWNERSHIP

Ownership chain

OwnerTypeOwnership %Since
HAMILTON COUNTY HOSPITAL DISTRICTOrganization100%—
BREEDEN, BOBBYIndividual——
BREEDEN, BOBBYIndividual——
BURNAM, SOONIndividual——
BURNAM, SOONIndividual——
HOOPER, GRADYIndividual——
MUXWORTHY, NEILIndividual——
SONGBIRD HEALTHCARE, INC.Organization——
ACQUISITION SIGNALSDeclining margins