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Groves Center

512 South 11th Street, Lake Wales, FL 33853 · CCN 105269
Skilled Nursing Operator: Hearthstone Senior Communities (8 sites) Nonprofit
Annual revenue
$13.3M
EBITDAR margin
7.1%
Occupancy
93%
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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 $10.8MFY20 $10.7MFY21 $11.6MFY22 $11.6MFY23 $12.2MFY24 $13.3M

How it compares

Groves Center reports $13.3M in annual revenue — 5% below the Florida skilled nursing median of $14.0M (across 595 rated providers).

Its ebitdar margin of 7.1% runs 5.7 pts below the state median (12.7%).

Full comp set & historical detail

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

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