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 (63rd percentile of 13,254 SNFs on liquidity, FY23 pool). Operating margin improved from -127.7% in FY20 to -26.2% in FY23, though it fell 5.3 points in the most recent year.
Days cash on hand · FY23
17d
all sources
Astrelis calculation · as-filed inputs
▲ 2 days vs FY22
vs SNFs63rd pctl of 13,254 (FY23 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total operating revenue · FY23
$3.2M
Astrelis calculation · as-filed inputs
▼ $0.4M vs FY22
vs SNFs6th pctl of 13,595 (FY23 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Operating margin · FY23
-26.2%
Astrelis calculation · as-filed inputs
▼ 5.3 pts vs FY22
vs SNFs12th pctl of 13,595 (FY23 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Total margin · incl. nonoperating · FY23
-26.2%
Astrelis calculation · as-filed inputs
▼ 5.3 pts vs FY22
vs SNFs5th pctl of 13,559 (FY23 pool)
pool: this metric's own fiscal year · excludes historical, non-panel, and out-of-range values
Where LAKESIDE NEUROLOGIC sits among SNFs
Operating margin · FY23 pool · n = 13,595 of 13,649 filed
Each point is one SNF in the national FY23 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 FY23 median is -4.1%. 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 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
-26.2% (FY23)
Operating income ÷ total operating revenue
Astrelis calculation · HCRIS WS G-3
Total margin
-26.2% (FY23)
Net income ÷ total revenue incl. nonoperating
Astrelis calculation · HCRIS WS G-3
Days cash on hand
17d (FY23)
Cash & investments ÷ daily operating expense
Astrelis calculation · HCRIS WS G / G-3
Current ratio
21.20× (FY23)
Total current assets ÷ current liabilities
Astrelis calculation · HCRIS WS G
Equity financing ratio
-19% (FY23)
Total net assets ÷ total assets
Astrelis calculation · HCRIS WS G
Days in net patient A/R
71d (FY23)
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
Astrelis calculation · 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%
— = Not reported in source for that year.
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
Display states.FY20 · Operating margin: -127.7% — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (beyond ±100% of net patient revenue — a valid filing can produce this; the pool absorbs it)FY20 · Total margin: -102.9% — Astrelis calculation · outside expected range; shown at the chart boundary and included in peer statistics (beyond ±100% of total revenue — 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.
Occupancy
44.6%
Astrelis calculation2023
HCRIS WS S-1 (SNF cost report)
Medicare day share
33.3%
Astrelis calculation2023
HCRIS WS S-1 (SNF cost report)
Medicaid day share
46.0%
Astrelis calculation2023
HCRIS WS S-1 (SNF cost report)
Other payer day share
20.7%
Astrelis calculation2023
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).
Operating margin vs its peer poolFY23Astrelis calculation
Operating margin vs its peer pool: FY23 pool · n = 13,595.
Report coverage: Historical Facility Benchmark. 8 of 17 facility measures available from public sources. This CCN is terminated. The report benchmarks the record's final filed years against their own contemporaneous peer pools and says so on every exhibit; no current-year comparison is implied. The refund guarantee stands: if we cannot deliver the published scope, you pay nothing.
The Board Briefing
The record's final filed years, benchmarked against the peer pools of their own era and labeled so on every exhibit.
$1,000delivered within 2 business days of invoice
Reservation: invoice after coverage confirmation. No payment is collected on this site.
