Astrelis
Skilled nursing facility · Miramar Beach, FL

GRAND BOULEVARD HEALTH AND REHABILITATION CENTER

CCN 105601Walton CountyFor profit - Limited Liability companyLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis

Overall Five-Star: 5 in FY2025. Total nursing HPRD: 3.63 in FY2025. Operating margin: +3.7% in FY2025, the 62nd percentile of 12,819 snfs in the FY2025 pool. Return to community: 56.6% in FY2026. Days cash on hand: 1 days in FY2025, the 31st percentile of 12,474 snfs in the FY2025 pool. Total operating revenue: $11.5M in FY2025, the 52nd percentile of 12,819 snfs in the FY2025 pool. Total margin (including nonoperating): +3.7% in FY2025, the 50th percentile of 12,819 snfs in the FY2025 pool. Figures as filed; not audited by Astrelis.

The read

A skilled nursing facility in Miramar Beach, FL. It ran an operating surplus of 3.7% in FY25 on $11.5M of operating revenue. It held 1 day of cash on hand (31st percentile of 12,474 SNFs on liquidity, FY25 pool). Operating margin improved from -8.6% in FY20 to 3.7% in FY25. On care, it carries a 5-star CMS quality rating. Its rate of potentially preventable readmissions is 9.3%. On the filed record it is comfortably profitable with strong measured quality. Source-reported context, not a recommendation.

Overall Five-Star
5
Reported value2025
Source: CMS Care Compare
Total nursing HPRD
3.63
Reported value2025
Source: CMS PBJ staffing
Operating margin · FY25
+3.7%
Astrelis calculation · as-filed inputs
vs SNFs62nd pctl of 12,819 (FY25 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Return to community
56.6%
Reported value2026
Source: CMS SNF QRP

Where GRAND BOULEVARD HEALTH sits among SNFs

Operating margin · FY25 pool · n = 12,819 of 13,649 filed

Each point is one SNF in the national FY25 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 FY25 median is +0.8%. Descriptive context only, not a ranking.

-20%-10%0%+10%+20%SNF median +0.8%GRAND BOULEVARD +3.7%
One snfGRAND BOULEVARDSNF 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
+3.7% (FY25)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
+3.7% (FY25)
Net income ÷ total revenue incl. nonoperating
Astrelis calculation · HCRIS WS G-3
Days cash on hand
1d (FY25)
Cash & investments ÷ daily operating expense
Astrelis calculation · HCRIS WS G / G-3
Current ratio
1.17× (FY25)
Total current assets ÷ current liabilities
Astrelis calculation · HCRIS WS G
Equity financing ratio
19% (FY25)
Total net assets ÷ total assets
Astrelis calculation · HCRIS WS G
Days in net patient A/R
3d (FY25) — outside expected range; computed from the filed statement and not ranked against peers
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
Astrelis calculation · HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue9,66710,14211,537
Total operating revenue9,66710,14211,537
Total operating expenses11,31211,68511,114
Operating income(1,645)(1,543)422
Operating margin %-17.0%-15.2%+3.7%
Other non-operating, net303
Net income(1,641)(1,543)426
Net income %-17.0%-15.2%+3.7%
— = Not reported in source for that year.
HCRIS Worksheet G-3 (SNF) · $ thousands · FY20–FY25 · 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

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
5
Reported value2025
CMS Care Compare
Health inspection star
5
Reported value2025
CMS Care Compare
Quality measure star
4
Reported value2025
CMS Care Compare
Staffing star
2
Reported value2025
CMS Care Compare
Total nursing HPRD
3.63
Reported value2025
CMS PBJ staffing
RN HPRD
0.55
Reported value2025
CMS PBJ staffing
Return to community
56.6%
Reported value2026
CMS SNF QRP
Potentially-preventable readmissions
9.3%
Reported value2026
CMS SNF QRP
Occupancy
83.9%
Astrelis calculation2025
HCRIS WS S-1 (SNF cost report)
Medicare day share
24.9%
Astrelis calculation2025
HCRIS WS S-1 (SNF cost report)
Medicaid day share
59.0%
Astrelis calculation2025
HCRIS WS S-1 (SNF cost report)
Other payer day share
16.1%
Astrelis calculation2025
HCRIS WS S-1 (SNF cost report)

Trajectory

Cost-report basis · 6 reporting years
Operating margin
-8.6%-30.1%-22.7%-17.0%-15.2%+3.7%FY20FY21FY22FY23FY24FY25
Days cash on hand
2 days1 day1 day0 days1 dayFY20FY21FY22FY23FY24FY25

The county this skilled nursing facility serves

Walton County, FL · metro, 250K–1M
Median household income
$79.3K
vs $82.1K US · $59.7K rural median
Poverty rate
11.4%
vs 12.5% US · 14.3% rural median
Uninsured
14.1%
vs 8.6% US · 8.4% rural median
Age 65+
19.8%
vs 16.8% US · 20.6% rural median
Fair or poor health
17.1%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 4.6% of county personal income is Medicare/Medicaid medical benefits; 12.7% arrives as government transfers (BEA, 2022).
Operating margin vs its peer poolFY25Astrelis calculation

3.7% operating margin — 62nd percentile of 12,819 peers (FY25 pool).

The Board Briefing

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

Reserve The Board Briefing →
Performance Benchmark Report

(≈ $8.31 per resident day above the peer benchmark × 29,691 resident days a year) ≈ $247K more spending than the benchmark rate · method
Reserve Performance Benchmark Report →
How we calculated this

Operating margin vs its peer pool: FY25 pool · n = 12,819.

Performance Benchmark Report: FY25 peer pool · n = 12,819 · conservative low band; acuity limits stated in the report.

Report coverage: Limited Facility Benchmark. 16 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.

SNF Performance Benchmark

Your facility against its matched peer cohort, every arithmetic benchmark difference dollarized against the cohort median.

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Cite this page

release 2321a4fc37a7 · 2026-10-22

Astrelis Atlas, "Grand Boulevard Health And Rehabilitation Center", https://astrelis.co/providers/snf/105601, 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/105601.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