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Grand Rapids SNF LLC

d/b/a Optalis Health & Rehabilitation at Kent-Crossing · 2320 E Beltline Ave Se, Grand Rapids, MI 49546 · CCN 235103
Skilled Nursing Operator: Optalis Health & Rehabilitation (36 sites) For-profit
Annual revenue
$16.8M
EBITDAR margin
5.5%
Occupancy
66%
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Revenue trend

FY19 $13.5MFY20 $16.5MFY21 $15.2MFY22 $15.0MFY23 $15.5MFY24 $16.8M

How it compares

Grand Rapids SNF LLC reports $16.8M in annual revenue — 44% above the Michigan skilled nursing median of $11.7M (across 375 rated providers).

Its ebitdar margin of 5.5% runs 2.7 pts above the state median (2.7%).

CMS quality ratings

Overall rating1/5
Staffing3/5
Health inspection1/5

Full comp set & historical detail

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

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