Revenue per Stay of NHC HealthCare Charleston witnessed a 33.6% fall in Q3 2019 as compared to Q3 2016



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By: Sruthy Iype  Mar. 30, 2020

Dexur’s analysis of the Medicare Claims data from 2016 to 2019 revealed a 33.6 percent decline in the revenue per stay recorded for NHC HealthCare Charleston, in Q3 2019 as compared to Q3 2016. The skilled nursing facility that recorded an average revenue of $10,754 per stay in Q3 2016 experienced a significant drop to $7,140 in Q3 2019.

From the graph above, it can be observed that the revenue per stay recorded for the facility follows a relatively steady pattern from Q3 2016 to Q3 2018, reporting a marginal change of 2 percent over two years. However, in the next year, the revenue per stay of the facility underwent a significant fall, wherein the value plunged from $11,060 in Q3 2018 to $7,140 in Q3 2019. The total stays recorded for the facility also followed a similar pattern from 2016 to 2018. Interestingly the number of stays recorded for the facility witnessed a notable increase from 134 in Q3 2018 to 169 in Q3 2019, the same time frame during which the revenue per stay of the facility was observed to have experienced a sharp decrease.

With over 50 years of experience in providing senior care, health care providers National HealthCare Corporation (NHC) operates 75 skilled nursing centers, 24 assisted living communities, a behavioral health hospital, five retirement communities, and 35 homecare agencies. The NHC HealthCare Charleston is the organization’s 115-bed post-acute care center located in South Carolina that offers 24-hour skilled nursing care. Their multidisciplinary team comprising physicians, nurse practitioners, nurses, and therapists offer customized care to individuals recovering from surgeries and serious illnesses like stroke, joint replacement surgery, and cardiac procedure. With additional services and amenities such as activities and entertainment, gardening area, dining room, regular social events, religious services, housekeeping, and laundry services, and high-speed wireless internet service, the spacious campus provides a wholesome environment for the residents to recover in.

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Data of the top 10 skilled nursing facilities in South Carolina fro Q3 2019, with respect to the following quality metrics: