Ssh - Phoenix
dba Select Specialty Hospital - Phoenix ·
Phoenix, Maricopa County, AZ
· CCN 032001
Licensed to Select Specialty Hospital - Phoenix Inc
Composite
33.1
rank score
Distress
4
FY2023
Fit
78
vs thesis
Estimated ticket
$14.4M–$57.6M
48 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- current ratio under 1.5
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- small but workable bed count
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $28.5M |
| Operating margin | 20.4% |
| Total margin | 14.8% |
| Days cash on hand | — |
| Current ratio | 1.39 |
| Occupancy | 76% |
Facility
| Beds | 48 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $300K |
| Per-bed (high) | $1.2M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 48 | $29.9M | $3.6M | 24.1% | 12.0% | — | 0.81 | 89% | 496 | 11 |
| 2021 | 48 | $32.4M | $5.5M | 23.5% | 16.2% | — | 1.32 | 90% | 529 | 4 |
| 2022 | 48 | $27.5M | $-2.6M | 3.8% | -9.5% | — | 1.22 | 74% | 484 | 26 |
| 2023 | 48 | $28.5M | $4.2M | 20.4% | 14.8% | — | 1.39 | 76% | 479 | 4 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Hospital Holdings Corporation | 5% or greater indirect ownership interest | 100 | 1998-06 | |
| Select Medical Corporation | 5% or greater indirect ownership interest | 100 | 1996-12 | |
| Select Medical Corporation | operational/managerial control | 100 | 1996-12 | |
| Select Specialty Hospitals Inc | 5% or greater indirect ownership interest | 100 | 1998-06 | |
| Select Synergos Inc | 5% or greater direct ownership interest | 100 | 1998-06 | |
| Jessika Workman | corporate officer | 2025-07 | ||
| Jessika Workman | w-2 managing employee | 2025-07 | ||
| Jessika Workman | operational/managerial control | 2025-07 | ||
| John Duggan | corporate officer | 2005-11 | ||
| John Duggan | corporate director | 2025-09 | ||
| John Saich | corporate officer | 2025-09 | ||
| Michael Malatesta | corporate officer | 2025-07 | ||
| Robert Breighner | w-2 managing employee | 2025-09 | ||
| Robert Kido | corporate officer | 2025-09 | ||
| Thomas Mullin | corporate officer | 2025-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
Who has been buying in AZ
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2024-05-14 | Phoenix Specialty Hospital | Kpc Promise Hospital Of Phoenix, Llc | Kpc Promise Hospital Of Phoenix | 48 |