Astrelis
Skilled nursing facility · Denver, CO

MONTAGE HILLS SENIOR LIVING

CCN 065362ARAPAHOE CountyLatest FY 2023
Historical record. CMS lists this CCN as terminated (voluntary - merger/closure). No successor CCN is recorded. The financials below are the historical results reported under this number and are excluded from current peer comparisons and state counts.
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A skilled nursing facility in Denver, CO. It ran an operating loss of 45.5% in FY23 on $3.1M of operating revenue. It held 89 days of cash on hand. Only a single comparable reporting year is available, so trend context is limited.

Days cash on hand · FY23
89d
all sources
vs SNFs
Total operating revenue · FY23
$3.1M
vs SNFs
Operating margin · FY23
-45.5%
vs SNFs
Total margin · incl. nonoperating
Not available
vs SNFs

Where MONTAGE HILLS SENIOR sits among SNFs

Operating margin · FY25 pool · n = 12,481 of 13,901 filed

Each point is one SNF in the national distribution for this provider type, placed by operating margin. Facilities are not matched on size, case mix, or market — that is the matched-peer comparison in the paid benchmark. The SNF median is +1.0%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%SNF median +1.03%MONTAGE HILLS -45.45%-20%0%+20%SNF median +1.03%MONTAGE HILLS -45.45%
One snfMONTAGE HILLSSNF median

The money

$ thousands · HCRIS cost-report basis · as filed, QA-gated

Ratios tell you how this skilled nursing facility is doing. Statements tell you what kind of organization it is, and where the money comes from. Every figure below traces to a public cost-report filing, shown as filed. A ratio renders only when every input is reported in the filing; a year missing its core lines is not shown; a year whose balance sheet does not reconcile is labeled. Not audited by Astrelis.

Operating margin
-45.5% (FY23)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
Not reported in this filing
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
89d (FY23)
Cash & investments ÷ daily operating expense
HCRIS WS G / G-3
Current ratio
2.88× (FY23)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
85% (FY23)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
34d (FY23)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY21FY22FY23
Cash & equivalents1862221,084
Accounts receivable289433285
Other current assets9742,7282,908
Total current assets1,4493,3834,277
Total assets5,6099,3299,728
Total current liabilities2,3421,9621,486
Total liabilities2,3421,9621,486
Total net assets3,2677,3678,242
Total liabilities & net assets5,6099,3299,728
HCRIS Worksheet G (SNF) · $ thousands · FY20–FY23

How it operates

quality & operational context · CMS public reporting

The metrics this skilled nursing facility type is judged on: care quality, patient experience, and scale. Each is labeled by evidence class and public source; descriptive context only, never a ranking or adequacy claim.

Occupancy
26.8%
Verified fact2023
HCRIS WS S-1 (SNF cost report)
Medicare day share
31.2%
Verified fact2023
HCRIS WS S-1 (SNF cost report)
Medicaid day share
0.0%
Verified fact2023
HCRIS WS S-1 (SNF cost report)
Other payer day share
68.8%
Verified fact2023
HCRIS WS S-1 (SNF cost report)

Trajectory

Cost-report basis · 4 reporting years
Operating margin
-51.5%-49.6%-38.1%-45.5%FY20FY21FY22FY23
Days cash on hand
7 days10 days9 days89 daysFY20FY21FY22FY23

The county this skilled nursing facility serves

ARAPAHOE County, CO
Median household income
$97.2K
vs $82.1K US · $59.7K rural median
Poverty rate
8.5%
vs 12.5% US · 14.3% rural median
Uninsured
9.0%
vs 8.6% US · 8.4% rural median
Age 65+
14.0%
vs 16.8% US · 20.6% rural median
Fair or poor health
15.1%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 5.6% of county personal income is Medicare/Medicaid medical benefits; 12.9% arrives as government transfers (BEA, 2022).
Opportunity screen · FY22
$2.7M

of annual opportunity identified against peer medians across 1 measure

Directional, conservative band. Arithmetic against matched-peer medians from public filings, not a projection; public data cannot fully control for patient acuity.
FY22 has not yet reached pool validity: benchmarked against the FY24 pool (n=10,689).
See what's behind this number in the Performance Benchmark →

SNF Performance Benchmark$2,500Available

Where this facility is underperforming its matched peer cohort and what that gap is worth, measure by measure. Delivered within 30 days of eligibility confirmation.

build aa21187 · 2026-07-23