Reunion Rehabilitation Hospital Phoe
Phoenix, Maricopa County, AZ
· CCN 033043
Licensed to Reunion Rehabilitation Hospital Phoenix, Llc
Composite
70.8
rank score
Distress
84
FY2024
Fit
82
vs thesis
Estimated ticket
$10.9M–$43.7M
48 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy 45-60%
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- small but workable bed count
- small ticket — deploys little of the available capital
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $14.4M |
| Operating margin | -10.5% |
| Total margin | -10.3% |
| Days cash on hand | 19 |
| Current ratio | 0.60 |
| Occupancy | 46% |
Facility
| Beds | 48 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $228K |
| Per-bed (high) | $910K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 48 | $1.1M | $-789K | -71.0% | -70.9% | 122 | 2.62 | 18% | 52 | 58 |
| 2023 | 48 | $12.3M | $-1.6M | -13.2% | -13.0% | 25 | 2.73 | 44% | 671 | 72 |
| 2024 | 48 | $14.4M | $-1.5M | -10.5% | -10.3% | 19 | 0.60 | 46% | 638 | 84 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Nobis Rehabilitation Partners, Llc | operational/managerial control | 100 | 2021-09 | |
| Reunion Hospital Holdings, Llc | 5% or greater direct ownership interest | 100 | 2021-09 | |
| Kevin Loh | 5% or greater indirect ownership interest | 23 | 2026-03 | |
| Pensa Nuwind, Llc | 5% or greater indirect ownership interest | 23 | 2023-04 | |
| Mandola International Limited, Inc. | 5% or greater indirect ownership interest | 23 | 2026-03 | |
| Mandola, Inc | 5% or greater indirect ownership interest | 23 | 2023-04 | |
| Merit Gala Limited, Inc. | 5% or greater indirect ownership interest | 23 | 2026-03 | |
| Kai' Ohu Amg, Inc. | 5% or greater indirect ownership interest | 20 | 2026-03 | |
| Michael Bennett | 5% or greater indirect ownership interest | 20 | 2026-03 | |
| Miu King Leung | 5% or greater indirect ownership interest | 12 | 2026-03 | |
| Shu Wing Leung | 5% or greater indirect ownership interest | 12 | 2026-03 | |
| David Moore | 5% or greater indirect ownership interest | 7 | 2023-04 | |
| Chester Crouch | corporate officer | 2021-09 | ||
| Karen Schepis | corporate director | 2023-05 | ||
| Margie Crawley | corporate director | 2023-05 | ||
| Tracey Nixon | corporate officer | 2021-09 | ||
| Zaynah Camp-Fry | w-2 managing employee | 2026-03 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.