dealflow
envelope $200M

← Targets

Dignity Health East Valley Rehabilit

dba Dignity Health East Valley Rehabilitation Hospital-Gilbert · Gilbert, Maricopa County, AZ · CCN 033044
Licensed to Dignity-Lifepoint Rehabilitation Hospital East Valley Llc

Composite
56.5
rank score
Distress
52
FY2023
Fit
82
vs thesis
Estimated ticket
$11.1M–$44.2M
40 beds · within envelope
Ownership
for-profit
RH

Why it ranks here

  • operating margin negative
  • total margin negative
  • under 30 days cash on hand
  • debt above 70% of 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 · FY2023

Net patient revenue$13.3M
Operating margin -1.8%
Total margin -1.4%
Days cash on hand 21
Current ratio 1.58
Occupancy47%

Facility

Beds40
Facility typeRH
Settingurban
Ownership classfor-profit
Per-bed (low) $276K
Per-bed (high) $1.1M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2023 40 $13.3M $-190K -1.8% -1.4% 21 1.58 47% 603 52

Owners

OwnerRole%SinceType
Dsb Acquisition Llc
Brentwood, TN
5% or greater indirect ownership interest 60 2022-12
Kindred Rehab Development 2 Llc
Brentwood, TN
5% or greater indirect ownership interest 60 2023-01
Lifepoint Health Inc
Brentwood, TN
5% or greater indirect ownership interest 60 2022-12
Lifepoint Rehab Blocker Llc
Brentwood, TN
5% or greater indirect ownership interest 60 2023-01
Lifepoint Rehab Blocker Parent Llc
Brentwood, TN
5% or greater indirect ownership interest 60 2022-12
Lifepoint Rehab Llc
Brentwood, TN
5% or greater indirect ownership interest 60 2022-12
Lifepoint Rehabilitation Services, Llc
Brentwood, TN
5% or greater indirect ownership interest 60 2022-12
Dignity Health
San Francisco, CA
5% or greater direct ownership interest 40 2022-12
Corey Cooper corporate officer 2025-08
Corey Cooper operational/managerial control 2025-08
Deborah Manharth corporate director 2022-12
Eric Sorensen corporate director 2022-12
Jared Griffin corporate director 2023-01
Larissa Spraker corporate director 2022-12
Marcus Poppell operational/managerial control 2022-12
Sharon Smeltzer corporate director 2022-12
Yagnesh Patel corporate director 2022-12

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.