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 Wauchula, FL. It ran an operating loss of 26.2% in FY23 on $3.2M of operating revenue. It held 17 days of cash on hand. Operating margin improved from -34.5% in FY21 to -26.2% in FY23, though it fell 5.3 points in the most recent year.
Days cash on hand · FY23
17d
all sources
▲ 1.8 days vs FY22
vs SNFs—
Total operating revenue · FY23
$3.2M
▼ 0.4 $M vs FY22
vs SNFs—
Operating margin · FY23
-26.2%
▼ 5.3 pts vs FY22
vs SNFs—
Total margin · incl. nonoperating · FY23
-26.2%
▼ 5.3 pts vs FY22
vs SNFs—
Where LAKESIDE NEUROLOGIC 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.
One snfLAKESIDE NEUROLOGICSNF 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
-26.2% (FY23)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
-26.2% (FY23)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
17d (FY23)
Cash & investments ÷ daily operating expense
HCRIS WS G / G-3
Current ratio
21.20× (FY23)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
-19% (FY23)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
71d (FY23)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line item
FY21
FY22
FY23
Patient revenue
2,348
3,675
3,248
Total operating revenue
2,348
3,675
3,248
Total operating expenses
3,159
4,446
4,099
Operating income
(811)
(770)
(852)
Operating margin %
-34.5%
-21.0%
-26.2%
Other non-operating, net
1
0
1
Net income
(810)
(770)
(851)
Net income %
-34.5%
-21.0%
-26.2%
HCRIS Worksheet G-3 (SNF) · $ thousands · FY20–FY23 · 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 evidence class and public source; descriptive context only, never a ranking or adequacy claim.
Occupancy
44.6%
Verified fact2023
HCRIS WS S-1 (SNF cost report)
Medicare day share
33.3%
Verified fact2023
HCRIS WS S-1 (SNF cost report)
Medicaid day share
46.0%
Verified fact2023
HCRIS WS S-1 (SNF cost report)
Other payer day share
20.7%
Verified fact2023
HCRIS WS S-1 (SNF cost report)
Trajectory
Cost-report basis · 4 reporting years
Operating margin
Days cash on hand
The county this skilled nursing facility serves
HARDEE County, FL
Median household income
$54.2K
vs $82.1K US · $59.7K rural median
Poverty rate
24.3%
vs 12.5% US · 14.3% rural median
Uninsured
16.8%
vs 8.6% US · 8.4% rural median
Age 65+
16.3%
vs 16.8% US · 20.6% rural median
Fair or poor health
28.1%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 14.4% of county personal income is Medicare/Medicaid medical benefits; 33.4% arrives as government transfers (BEA, 2022).
Opportunity screen · FY23
≈ $1.3M
of annual opportunity identified against peer medians across 2 measures
Directional, conservative band. Arithmetic against matched-peer medians from public filings, not a projection; public data cannot fully control for patient acuity.
FY23 has not yet reached pool validity: benchmarked against the FY24 pool (n=10,689).
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