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SKLD Grand Rapids North

d/b/a Optalis Health & Rehabilitation at Leonard · 1700 Leonard St Ne, Grand Rapids, MI 49505 · CCN 235261
Skilled Nursing Operator: Optalis Health & Rehabilitation (36 sites) For-profit
Annual revenue
$8.4M
EBITDAR margin
2.0%
Occupancy
88%
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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 $6.2MFY20 $6.8MFY21 $7.5MFY22 $7.5MFY23 $7.3MFY24 $8.4M

How it compares

SKLD Grand Rapids North reports $8.4M in annual revenue — 29% below the Michigan skilled nursing median of $11.7M (across 375 rated providers).

Its ebitdar margin of 2.0% runs 0.8 pts below the state median (2.7%).

CMS quality ratings

Overall rating3/5
Staffing3/5
Health inspection3/5

Full comp set & historical detail

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

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