Astrelis
Skilled nursing facility · Elkhart, IN

ELKHART MEADOWS

CCN 155352Elkhart CountyGovernment - CountyLatest FY 2025
Cost-report basis
HCRIS · as filed
Not audited by Astrelis
The read

A skilled nursing facility in Elkhart, IN. It ran an operating surplus of 0.3% in FY25 on $6.3M of operating revenue. Operating margin improved from -24.2% in FY20 to 0.3% in FY25. On care, it carries a 5-star CMS quality rating. On the filed record it is roughly breaking even with strong measured quality. Source-reported context, not a recommendation.

Overall Five-Star
5
Verified fact2025
Source: CMS Care Compare
Total nursing HPRD
3.41
Verified fact2025
Source: CMS PBJ staffing
Operating margin · FY25
+0.3%
0.5 pts vs FY24
vs SNFs47th pctl of 12,481 (FY25)
Days cash on hand · FY25
Not available
all sources
vs SNFs

Where ELKHART MEADOWS 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%ELKHART MEADOWS +0.35%-20%0%+20%SNF median +1.03%ELKHART MEADOWS +0.35%
One snfELKHART MEADOWSSNF 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
+0.3% (FY25)
Operating income ÷ total operating revenue
HCRIS WS G-3
Total margin
+1.1% (FY25)
Net income ÷ total revenue incl. nonoperating
HCRIS WS G-3
Days cash on hand
Not reported in this filing
Cash & investments ÷ daily operating expense
HCRIS WS G / G-3
Current ratio
9.93× (FY25)
Total current assets ÷ current liabilities
HCRIS WS G
Equity financing ratio
59% (FY25)
Total net assets ÷ total assets
HCRIS WS G
Days in net patient A/R
Not shown, outside plausibility bounds
Net patient receivables ÷ (net patient revenue ÷ 365), same fiscal year
HCRIS WS G / G-3
$ in thousands
Line itemFY23FY24FY25
Patient revenue5,2826,4806,307
Total operating revenue5,2826,4806,307
Total operating expenses6,2336,4886,285
Operating income(951)(7)22
Operating margin %-18.0%-0.1%+0.3%
Other non-operating, net6313347
Net income(320)2669
Net income %-5.4%+0.4%+1.1%
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 evidence class and public source; descriptive context only, never a ranking or adequacy claim.

Overall Five-Star
5
Verified fact2025
CMS Care Compare
Health inspection star
5
Verified fact2025
CMS Care Compare
Quality measure star
5
Verified fact2025
CMS Care Compare
Staffing star
3
Verified fact2025
CMS Care Compare
Total nursing HPRD
3.41
Verified fact2025
CMS PBJ staffing
RN HPRD
0.40
Verified fact2025
CMS PBJ staffing
Total nurse turnover
37.2%
Verified fact2025
CMS PBJ staffing
Occupancy
78.6%
Verified fact2025
HCRIS WS S-1 (SNF cost report)
Medicare day share
2.0%
Verified fact2025
HCRIS WS S-1 (SNF cost report)
Medicaid day share
87.3%
Verified fact2025
HCRIS WS S-1 (SNF cost report)
Other payer day share
10.7%
Verified fact2025
HCRIS WS S-1 (SNF cost report)

Trajectory

Cost-report basis · 6 reporting years
Operating margin
-24.2%-29.0%-13.6%-18.0%-0.1%+0.3%FY20FY21FY22FY23FY24FY25
Days cash on hand
Not available

The county this skilled nursing facility serves

Elkhart County, IN · metro, under 250K
Median household income
$65.6K
vs $82.1K US · $59.7K rural median
Poverty rate
12.5%
vs 12.5% US · 14.3% rural median
Uninsured
14.7%
vs 8.6% US · 8.4% rural median
Age 65+
15.2%
vs 16.8% US · 20.6% rural median
Fair or poor health
22.3%
self-reported, adults · CDC PLACES
Primary-care shortage
Designated
HRSA HPSA
Economic context: 8.0% of county personal income is Medicare/Medicaid medical benefits; 18.4% arrives as government transfers (BEA, 2022).
Opportunity screen · FY24
$101K

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.
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 · 2026-07-28