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Wellbridge of Novi

48300 W 11 Mile Rd, Novi, MI 48374 · CCN 235702
Skilled Nursing Operator: The Wellbridge Group (8 sites) For-profit
Annual revenue
$13.3M
EBITDAR margin
12.8%
Occupancy
89%
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Revenue trend

FY19 $15.7MFY20 $10.2MFY21 $10.5MFY22 $8.9MFY23 $10.5MFY24 $13.3M

How it compares

Wellbridge of Novi reports $13.3M in annual revenue — 14% above the Michigan skilled nursing median of $11.7M (across 375 rated providers).

Its ebitdar margin of 12.8% runs 10.1 pts above the state median (2.7%).

CMS quality ratings

Overall rating1/5
Staffing4/5
Health inspection1/5

Full comp set & historical detail

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

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