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The Manor of Novi

24500 Meadowbrook Rd, Novi, MI 48375 · CCN 235529
Skilled Nursing Operator: Ciena Healthcare/laurel Health Care (83 sites) For-profit
Annual revenue
$15.1M
EBITDAR margin
-0.7%
Occupancy
76%
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Revenue trend

FY19 $15.1MFY20 $11.5MFY21 $9.8MFY22 $11.0MFY23 $14.5MFY24 $15.1M

How it compares

The Manor of Novi reports $15.1M in annual revenue — 29% above the Michigan skilled nursing median of $11.7M (across 375 rated providers).

Its ebitdar margin of -0.7% runs 3.4 pts below the state median (2.7%).

CMS quality ratings

Overall rating2/5
Staffing2/5
Health inspection2/5

Full comp set & historical detail

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

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