Astrelis
Skilled nursing facility · South Pasadena, FL

AVIATA AT THE SEA - PASADENA

CCN 105012Pinellas CountyFor profit - Limited Liability companyLatest FY 2024
Cost-report basis
HCRIS · as filed
Not audited by Astrelis

Overall Five-Star: 2 in FY2024. Days cash on hand: 0 days in FY2024, the 19th percentile of 12,545 snfs in the FY2024 pool. Operating margin: -29.4% in FY2024, the 7th percentile of 12,904 snfs in the FY2024 pool. Total operating revenue: $3.9M in FY2024, the 6th percentile of 12,904 snfs in the FY2024 pool. Total margin (including nonoperating): -29.4% in FY2024, the 2nd percentile of 12,903 snfs in the FY2024 pool. Figures as filed; not audited by Astrelis.

The read

A skilled nursing facility in South Pasadena, FL. It ran an operating loss of 29.4% in FY24 on $3.9M of operating revenue. It held 0 days of cash on hand (19th percentile of 12,545 SNFs on liquidity, FY24 pool). Operating margin declined from -3.8% in FY21 to -29.4% in FY24. On care, it carries a 2-star CMS quality rating. Its rate of potentially preventable readmissions is 11.1%. On the filed record it is running at an operating loss with lower measured quality. Source-reported context, not a recommendation.

Overall Five-Star
2
Reported value2024
Source: CMS Care Compare
Days cash on hand · FY24
0d
all sources
Astrelis calculation · as-filed inputs
vs SNFs19th pctl of 12,545 (FY24 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Operating margin · FY24
-29.4%
Astrelis calculation · as-filed inputs
vs SNFs7th pctl of 12,904 (FY24 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total operating revenue · FY24
$3.9M
Astrelis calculation · as-filed inputs
vs SNFs6th pctl of 12,904 (FY24 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values

Where AVIATA AT THE sits among SNFs

Operating margin · FY24 pool · n = 12,904 of 13,649 filed

Each point is one SNF in the national FY24 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 FY24 median is -0.6%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%SNF median -0.6%AVIATA AT -29.4%
One snfAVIATA ATSNF 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 computes only when every input is reported in the filing (otherwise its cell states which input is Not reported in source); a year whose balance sheet does not reconcile is labeled, and its derived ratios read Astrelis calculation unavailable. Not audited by Astrelis.

Operating margin
-29.4% (FY24)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
-29.4% (FY24)
Net income ÷ total revenue incl. nonoperating
Astrelis calculation · HCRIS WS G-3
Days cash on hand
0d (FY24)
Cash & investments ÷ daily operating expense
Astrelis calculation · HCRIS WS G / G-3
Current ratio
0.81× (FY24)
Total current assets ÷ current liabilities
Astrelis calculation · HCRIS WS G
Equity financing ratio
-21% (FY24)
Total net assets ÷ total assets
Astrelis calculation · HCRIS WS G
Days in net patient A/R
64d (FY24)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line itemFY22FY23FY24
Patient revenue4,9214,5053,930
Total operating revenue4,9214,5053,930
Total operating expenses5,7465,5185,085
Operating income(824)(1,013)(1,155)
Operating margin %-16.8%-22.5%-29.4%
Other non-operating, net109(507)0
Net income(715)(1,520)(1,155)
Net income %-14.2%-38.0%-29.4%
— = Not reported in source for that year.
HCRIS Worksheet G-3 (SNF) · $ thousands · FY21–FY24 · operating revenue reflects net patient revenue (the SNF form carries no other-operating split) · FY20–21 may include COVID-era relief funding in other income
Display states. FY22 · Days cash on hand: 0 days — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (outside the 0–1,500-day expected range — a valid filing can produce this; the pool absorbs it)

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 provenance class and public source; descriptive context only, never a ranking or adequacy claim. Provenance labels: Reported value is copied from the named public source; Astrelis calculation is a formula applied to unchanged reported inputs, with the formula shown; Illustrative estimate is a benchmark gap, multiplier, or scenario — never a measurement.

Overall Five-Star
2
Reported value2024
CMS Care Compare
Health inspection star
2
Reported value2024
CMS Care Compare
Potentially-preventable readmissions
11.1%
Reported value2026
CMS SNF QRP
Occupancy
62.0%
Astrelis calculation2024
HCRIS WS S-1 (SNF cost report)
Medicare day share
7.3%
Astrelis calculation2024
HCRIS WS S-1 (SNF cost report)
Medicaid day share
76.1%
Astrelis calculation2024
HCRIS WS S-1 (SNF cost report)
Other payer day share
16.6%
Astrelis calculation2024
HCRIS WS S-1 (SNF cost report)

Trajectory

Cost-report basis · 4 reporting years
Operating margin
-3.8%-16.8%-22.5%-29.4%FY21FY22FY23FY24
Days cash on hand
0 days0 days0 days0 daysFY21FY22FY23FY24

The county this skilled nursing facility serves

Pinellas County, FL · metro, 1M+ population
Median household income
$70.3K
vs $82.1K US · $59.7K rural median
Poverty rate
11.4%
vs 12.5% US · 14.3% rural median
Uninsured
10.7%
vs 8.6% US · 8.4% rural median
Age 65+
25.9%
vs 16.8% US · 20.6% rural median
Fair or poor health
18.9%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 9.3% of county personal income is Medicare/Medicaid medical benefits; 21.4% arrives as government transfers (BEA, 2022).
Operating margin vs its peer poolFY24Astrelis calculation

-29.4% operating margin — 7th percentile of 12,904 peers (FY24 pool).

The Board Briefing

What changed, what matters, and what your board should ask — every figure sourced to the public record.

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Performance Benchmark Report

A facility-specific dollar comparison cannot be calculated because a benchmark input was not reported. The report still includes all available facility measures, peer benchmarks, and a source-coverage inventory.

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How we calculated this

Operating margin vs its peer pool: FY24 pool · n = 12,904.

Report coverage: Limited Facility Benchmark. 11 of 17 facility measures available from public sources. The report covers the available measures against their peer benchmarks; measures the public record does not carry become findings. Coverage is disclosed here before you reserve, and thin data is never a decline reason. The refund guarantee stands: if we cannot deliver the published scope, you pay nothing.

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Cite this page

release 2321a4fc37a7 · 2026-10-22

Astrelis Atlas, "Aviata At The Sea - Pasadena", https://astrelis.co/providers/snf/105012, release 2321a4fc37a7 (2026-10-22). Figures as filed in the named public sources; not audited by Astrelis.

Machine-readable twin of this page: astrelis.co/providers/snf/105012.md (Markdown, the same figures with their fiscal years, pools and definitions). Last modified: release 2321a4fc37a7, 2026-10-22. Figures are as filed in the named public sources. Astrelis is not a CPA firm and performs no audit, review or attestation of any facility.

build 2321a4fc37a7 · 2026-10-22 · dev