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Carmel Health & Living Community

118 Medical Dr, Carmel, IN 46032 · CCN 155181
Skilled Nursing Operator: Cardon & Associates (20 sites) Government
Annual revenue
$20.8M
EBITDAR margin
10.1%
Occupancy
74%
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Margins and the multi-year financial trend, cost structure, operating detail, CMS quality scores, and side-by-side benchmarking against local skilled nursing peers — plus screening across every provider.
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Revenue trend

FY19 $16.1MFY20 $13.8MFY21 $15.6MFY22 $16.9MFY23 $18.5MFY24 $20.8M

How it compares

Carmel Health & Living Community reports $20.8M in annual revenue — 103% above the Indiana skilled nursing median of $10.2M (across 485 rated providers).

Its ebitdar margin of 10.1% runs 6.2 pts below the state median (16.3%).

CMS quality ratings

Overall rating2/5
Staffing2/5
Health inspection2/5

Full comp set & historical detail

484 comparable Skilled Nursing providers · year-by-year financials · cost structure · distributions

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