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Regency on the Lake

d/b/a Regency on the Lake-Fort Gratiot · 5669 Lakeshore Rd, Fort Gratiot, MI 48059 · CCN 235621
Skilled Nursing Operator: Ciena Healthcare/laurel Health Care (83 sites) For-profit
Annual revenue
$18.3M
EBITDAR margin
3.2%
Occupancy
93%
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Revenue trend

FY19 $16.5MFY20 $17.2MFY21 $16.7MFY22 $17.5MFY23 $18.5MFY24 $18.3M

How it compares

Regency on the Lake reports $18.3M in annual revenue — 56% above the Michigan skilled nursing median of $11.7M (across 375 rated providers).

Its ebitdar margin of 3.2% runs 0.5 pts above the state median (2.7%).

CMS quality ratings

Overall rating5/5
Staffing4/5
Health inspection5/5

Full comp set & historical detail

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

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