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Arkansas business list: least profitable nursing homes. (Health Care Update).

ARKANSAS BUSINESS LIST: LEAST PROFITABLE NURSING HOMES

Ranked by net loss in the fiscal year ended June 30, 2002

   Facility                              Net Loss           Beds
   Location                          Net Loss per Bed  Occupancy Rate

1  Pathfinder Healthcare Inc.          -$1,019,155            126
   Pine Bluff                              -$8,089         71.20%

2  Pine Bluff Nursing Home               -$891,161            245
   Pine Bluff                              -$3,637         41.71%

3  Regional Nursing Center               -$811,044            116
   Bryant                                  -$6,922         86.21%

4  Ozark Health Nursing Center           -$634,443            132
   Ozark                                   -$4,806         95.32%

5  England Manor Nursing Home Inc.       -$501,616             70
   England                                 -$7,166         89.92%

6  Southwest Homes                       -$474,676            140
   Little Rock                             -$3,391         72.40%

7  Hospitality Care Center               -$469,131             80
   Arkadelphia                             -$5,864         76.16%

8  Fayetteville City Hospital            -$452,758            140
    Nursing Facility                       -$3,234         90.10%
   Fayetteville

9  Baptist Memorial Nursing Center       -$439,546             70
   Blytheville                             -$6,279         73.48%

10 Saline Nursing Center                 -$437,161            119
   Benton                                  -$3,674         89.38%

11 Pine Lane Healthcare                  -$428,027            105
   Mountain Home                           -$4,076         36.25%

12 Dumas Nursing Center                  -$417,728             80
   Dumas                                   -$5,222         55.39%

13 Quapaw Quarter Nursing and Rehab      -$395,061            120
    Center                                 -$3,292         72.88%
   Little Rock

14 Beverly Healthcare                    -$393,755             99
   Warren                                  -$3,977         58.21%

15 Good Samaritan Indian Rock            -$377,916             55
    Village                                -$6,871         90.10%
   Hot Springs Village

16 Riverview Manor                       -$351,328             88
   Morrilton                               -$3,992         64.59%

17 Wagnon Place Inc.                     -$347,809             13
   Warren                                  -$2,615         81.14%

18 Abbey Hill Nursing and                -$337,577            100
    Rehabilitation                         -$3,376         51.66%
   Hot Springs

19 Springdale Health and Rehab           -$335,257            140
    Center                                 -$2,395         68.52%
   Springdale

20 Beverly Healthcare                    -$334,899            120
   North Little Rock                       -$2,791         90.05%

21 Junction City Health and Rehab        -$324,913             84
    Center                                 -$3,868         42.98%
   Junction City

22 Arbor Oaks Healthcare and Rehab       -$322,998            104
    Center                                 -$3,106         55.71%
   Malvern

23 Rivercrest Healthcare Inc.            -$315,425            105
   College Station                         -$3,004         60.87%

24 Rose Care Center                      -$314,660            143
   Little Rock                             -$2,200         62.16%

25 Osceola Nursing Center                -$280,265            115
   Osceola                                 -$2,437         76.55%

26 Rector Healthcare Inc.                -$271,655             47
   Rector                                  -$5,780         77.09%

27 Fayetteville Health and Rehab         -$270,512            140
    Center                                 -$1,932         84.81%
   Fayetteville

28 Paris Health and Rehabilitation       -$256,600            140
    Center                                 -$1,833         69.49%
   Paris

29 Smackover Nursing Home                -$239,418             80
   Smackover                               -$2,993         43.22%

30 Beverly Healthcare                    -$227,456             87
   Star City                               -$2,614         53.73%

31 Fort Smith Health and Rehab           -$216,597            140
    Center                                 -$1,547         63.54%
   Fort Smith

32 Ash Flat Nursing and                  -$201,869            105
    Rehabilitation Center                  -$1,923         41.15%
   Ash Flat

33 Rose Care Center of Benton II         -$195,205            140
   Benton                                  -$1,394         45.38%

34 Pines Nursing and Rehab Center        -$192,492             70
   Hot Springs                             -$2,750         90.55%

35 North Arkansas Life Care Center       -$189,632             78
   Horseshoe Bend                          -$2,431         52.99%

36 Rose Care Center                      -$186,904             90
   Stuttgart                               -$2,077         33.49%

37 Fulton County Nursing and Rehab       -$185,108             70
    Center                                 -$2,644         79.65%
   Salem

38 Cave City Nursing Home                -$177,752             90
   Cave City                               -$1,975         70.02%

   Facility                               Revenue        Medicaid
   Location                          Return on Revenue  Utilization

1  Pathfinder Healthcare Inc.           $3,270,543        94.95%
   Pine Bluff                              -31.16%

2  Pine Bluff Nursing Home              $4,396,422        87.53%
   Pine Bluff                              -20.27%

3  Regional Nursing Center              $4,301,162        82.48%
   Bryant                                  -18.86%

4  Ozark Health Nursing Center          $2,902,610        81.00%
+   Ozark                                   -21.86%

5  England Manor Nursing Home Inc.      $1,861,239        79.44%
   England                                 -26.95%

6  Southwest Homes                      $3,679,151        77.79%
   Little Rock                             -12.90%

7  Hospitality Care Center              $2,427,678        87.10%
   Arkadelphia                             -19.32%

8  Fayetteville City Hospital           $8,290,081        55.35%
    Nursing Facility                        -5.46%
   Fayetteville

9  Baptist Memorial Nursing Center      $2,012,520        82.53%
   Blytheville                             -21.84%

10 Saline Nursing Center                $4,532,554        73.30%
   Benton                                   -9.64%

11 Pine Lane Healthcare                 $1,339,786        53.80%
   Mountain Home                           -31.95%

12 Dumas Nursing Center                 $1,720,692        89.12%
   Dumas                                   -24.28%

13 Quapaw Quarter Nursing and Rehab     $3,720,952        87.80%
    Center                                 -10.62%
   Little Rock

14 Beverly Healthcare                   $2,227,616        83.19%
   Warren                                  -17.68%

15 Good Samaritan Indian Rock           $2,153,672        74.82%
    Village                                -17.55%
   Hot Springs Village

16 Riverview Manor                      $2,378,172        87.64%
   Morrilton                               -14.77%

17 Wagnon Place Inc.                    $4,457,173        75.23%
   Warren                                   -7.80%

18 Abbey Hill Nursing and               $2,009,241        75.95%
    Rehabilitation                         -16.80%
   Hot Springs

19 Springdale Health and Rehab          $5,194,511        63.05%
    Center                                  -6.45%
   Springdale

20 Beverly Healthcare                   $5,077,054        66.46%
   North Little Rock                        -6.60%

21 Junction City Health and Rehab       $1,244,664        89.77%
    Center                                 -26.10%
   Junction City

22 Arbor Oaks Healthcare and Rehab      $2,263,485        81.23%
    Center                                 -14.27%
   Malvern

23 Rivercrest Healthcare Inc.           $2,287,830        99.34%
   College Station                         -13.79%

24 Rose Care Center                     $3,151,661        95.29%
   Little Rock                              -9.98%

25 Osceola Nursing Center               $3,042,734        85.34%
   Osceola                                  -9.21%

26 Rector Healthcare Inc.               $1,433,891        68.36%
   Rector                                  -18.95%

27 Fayetteville Health and Rehab        $4,994,411        64.81%
    Center                                  -5.42%
   Fayetteville

28 Paris Health and Rehabilitation      $3,894,604        71.40%
    Center                                  -6.59%
   Paris

29 Smackover Nursing Home               -$1,287,907       84.62%
   Smackover                                -18.59%

30 Beverly Healthcare                   $1,723,505        83.14%
   Star City                               -13.20%

31 Fort Smith Health and Rehab          $4,365,185        66.47%
    Center                                  -4.96%
   Fort Smith

32 Ash Flat Nursing and                 $1,742,209        73.63%
    Rehabilitation Center                  -11.59%
   Ash Flat

33 Rose Care Center of Benton II        $2,500,760        82.02%
   Benton                                   -7.81%

34 Pines Nursing and Rehab Center       $2,677,351        62.24%
   Hot Springs                              -7.19%

35 North Arkansas Life Care Center      $1,382,670        71.97%
   Horseshoe Bend                          -13.71%

36 Rose Care Center                     $1,072,286        81.24%
   Stuttgart                               -17.43%

37 Fulton County Nursing and Rehab      $2,400,142        80.16%
    Center                                  -7.71%
   Salem

38 Cave City Nursing Home               $2,577,005        82.05%
   Cave City                                -6.90%

   Facility                          Medicaid
   Location                           Rate *

1  Pathfinder Healthcare Inc.        $115.57
   Pine Bluff

2  Pine Bluff Nursing Home           $108.24
   Pine Bluff

3  Regional Nursing Center           $125.95
   Bryant

4  Ozark Health Nursing Center       $103.37
   Ozark

5  England Manor Nursing Home Inc.   $117.08
   England

6  Southwest Homes                   $114.30
   Little Rock

7  Hospitality Care Center           $119.25
   Arkadelphia

8  Fayetteville City Hospital        $109.65
    Nursing Facility
   Fayetteville

9  Baptist Memorial Nursing Center   $112.23
   Blytheville

10 Saline Nursing Center             $118.36
   Benton

11 Pine Lane Healthcare              $106.52
   Mountain Home

12 Dumas Nursing Center              $103.87
   Dumas

13 Quapaw Quarter Nursing and Rehab  $118.65
    Center
   Little Rock

14 Beverly Healthcare                $105.61
   Warren

15 Good Samaritan Indian Rock        $116.89
    Village
   Hot Springs Village

16 Riverview Manor                   $118.66
   Morrilton

17 Wagnon Place Inc.                 $124.46
   Warren

18 Abbey Hill Nursing and             $98.91
    Rehabilitation
   Hot Springs

19 Springdale Health and Rehab       $127.17
    Center
   Springdale

20 Beverly Healthcare                $121.18
   North Little Rock

21 Junction City Health and Rehab     $99.08
    Center
   Junction City

22 Arbor Oaks Healthcare and Rehab   $105.34
    Center
   Malvern

23 Rivercrest Healthcare Inc.        $115.82
   College Station

24 Rose Care Center                  $106.84
   Little Rock

25 Osceola Nursing Center            $107.99
   Osceola

26 Rector Healthcare Inc.            $111.35
   Rector

27 Fayetteville Health and Rehab     $113.75
    Center
   Fayetteville

28 Paris Health and Rehabilitation   $119.97
    Center
   Paris

29 Smackover Nursing Home            $106.89
   Smackover

30 Beverly Healthcare                $101.99
   Star City

31 Fort Smith Health and Rehab       $120.43
    Center
   Fort Smith

32 Ash Flat Nursing and               $96.46
    Rehabilitation Center
   Ash Flat

33 Rose Care Center of Benton II     $116.30
   Benton

34 Pines Nursing and Rehab Center    $104.35
   Hot Springs

35 North Arkansas Life Care Center    $99.15
   Horseshoe Bend

36 Rose Care Center                  $105.17
   Stuttgart

37 Fulton County Nursing and Rehab   $102.50
    Center
   Salem

38 Cave City Nursing Home            $125.73
   Cave City

   Facility
   Location                          Chain Ownership

1  Pathfinder Healthcare Inc.        --
   Pine Bluff

2  Pine Bluff Nursing Home           --
   Pine Bluff

3  Regional Nursing Center           Beverly Enterprises Inc.
   Bryant

4  Ozark Health Nursing Center       --
   Ozark

5  England Manor Nursing Home Inc.   --
   England

6  Southwest Homes                   --
   Little Rock

7  Hospitality Care Center           --
   Arkadelphia

8  Fayetteville City Hospital        Washington Regional Medical System
    Nursing Facility
   Fayetteville

9  Baptist Memorial Nursing Center   Baptist Memorial HealthCare Corp.
   Blytheville

10 Saline Nursing Center             Beverly Enterprises Inc.
   Benton

11 Pine Lane Healthcare              Rose Care Inc.
   Mountain Home

12 Dumas Nursing Center              Centennial Healthcare Corp.
   Dumas

13 Quapaw Quarter Nursing and Rehab  Central Arkansas Nursing Centers
    Center                            Inc.
   Little Rock

14 Beverly Healthcare                Beverly Enterprises Inc.
   Warren

15 Good Samaritan Indian Rock        The Evangelical Lutheran Good
    Village                           Samaritan Society
   Hot Springs Village

16 Riverview Manor                   Beverly Health & Rehabilitation
   Morrilton                          Services Inc.

17 Wagnon Place Inc.                 --
   Warren

18 Abbey Hill Nursing and            --
    Rehabilitation
   Hot Springs

19 Springdale Health and Rehab       Northport Health Services
    Center
   Springdale

20 Beverly Healthcare                Beverly Enterprises Inc.
   North Little Rock

21 Junction City Health and Rehab    Centennial Healthcare Corp.
    Center
   Junction City

22 Arbor Oaks Healthcare and Rehab   --
    Center
   Malvern

23 Rivercrest Healthcare Inc.        Regional Management
   College Station

24 Rose Care Center                  Rose Care Inc.
   Little Rock

25 Osceola Nursing Center            --
   Osceola

26 Rector Healthcare Inc.            Regional Management
   Rector

27 Fayetteville Health and Rehab     Northport Health Services
    Center
   Fayetteville

28 Paris Health and Rehabilitation   Northport Health Services
    Center
   Paris

29 Smackover Nursing Home            Rose Care Inc.
   Smackover

30 Beverly Healthcare                Beverly Enterprises Inc.
   Star City

31 Fort Smith Health and Rehab       Northport Health Services
    Center
   Fort Smith

32 Ash Flat Nursing and              Advocat Inc.
    Rehabilitation Center
   Ash Flat

33 Rose Care Center of Benton II     Rose Care Inc.
   Benton

34 Pines Nursing and Rehab Center    --
   Hot Springs

35 North Arkansas Life Care Center   White River Health Systems
   Horseshoe Bend

36 Rose Care Center                  Rose Care Inc.
   Stuttgart

37 Fulton County Nursing and Rehab   --
    Center
   Salem

38 Cave City Nursing Home            --
   Cave City

Source: Arkansas Department of Human Services, taken from cost reports
submitted by individual facilities.

* Weighted Medicaid reimbursement rate for January-June 2003, including
allowance for installing emergency generators required by Act 1602 of
2001.
COPYRIGHT 2003 Journal Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003 Gale, Cengage Learning. All rights reserved.

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Comment:Arkansas business list: least profitable nursing homes. (Health Care Update).
Publication:Arkansas Business
Article Type:Illustration
Geographic Code:1U7AR
Date:Feb 3, 2003
Words:1758
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