dealflow
envelope $200M

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Chi St. Vincent Hot Springs Rehabili

dba Chi St. Vincent Hot Springs Rehabilitation Hospital A Partner Of Encom · Hot Springs, Garland County, AR · CCN 043035
Licensed to Central Arkansas Rehabilitation Associates Lp

Composite
35.9
rank score
Distress
9
FY2024
Fit
75
vs thesis
Estimated ticket
$15.6M–$62.4M
48 beds · within envelope
Ownership
for-profit
RH

Why it ranks here

  • 60-90 days cash on hand
  • part of a multi-hospital chain — divestiture candidate
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • 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 · FY2024

Net patient revenue$27.7M
Operating margin 31.1%
Total margin 31.5%
Days cash on hand 62
Current ratio 4.97
Occupancy90%

Facility

Beds48
Facility typeRH
Settingurban
Ownership classfor-profit
Per-bed (low) $325K
Per-bed (high) $1.3M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 48 $21.8M $6.5M 30.0% 29.9% 74 3.94 85% 1,159 10
2022 48 $22.9M $5.8M 25.7% 25.5% 58 3.23 82% 1,214 17
2023 48 $25.0M $6.9M 27.4% 27.7% 48 3.70 88% 1,317 17
2024 48 $27.7M $8.8M 31.1% 31.5% 62 4.97 90% 1,339 9

Owners

OwnerRole%SinceType
Continental Medical Systems Llc
Birmingham, AL
5% or greater indirect ownership interest 50 1990-10
Encompass Health Central Arkansas Holdings, Inc.
Birmingham, AL
5% or greater direct ownership interest 50 1990-10
Encompass Health Corporation
Birmingham, AL
5% or greater indirect ownership interest 50 1990-10 chain
St Vincent Community Health Services Inc
Little Rock, AR
5% or greater direct ownership interest 50 1990-10
Encompass Health Central Arkansas Holdings, Inc.
Birmingham, AL
limited partnership interest 49 1990-10
St Vincent Community Health Services Inc
Little Rock, AR
limited partnership interest 49 1990-10
Vanguard Group Inc
Malvern, PA
5% or greater indirect ownership interest 5 2024-01
Encompass Health Central Arkansas Holdings, Inc.
Birmingham, AL
general partnership interest 1 1990-10
St Vincent Community Health Services Inc
Little Rock, AR
general partnership interest 1 1990-10
Andrew Price corporate officer 2009-11
Carey Mcrae operational/managerial control 2025-01
Carey Mcrae other 2025-01
Douglas Coltharp operational/managerial control 2010-05
Douglas Coltharp other 2010-05
Edmund Ball corporate officer 2021-01
Edmund Fay corporate officer 2008-05
Encompass Health Corporation
Birmingham, AL
operational/managerial control 2015-11 chain
John Darby 5% or greater indirect ownership interest 2016-02
John Wilson corporate officer 2017-01
Lesalee Chilcote w-2 managing employee 2020-11
Mark Tarr operational/managerial control 2017-01
Melanie Lewis corporate officer 2021-08
Robert Mccallum operational/managerial control 2025-01
Robert Mccallum other 2025-01
Stephen Leasure corporate officer 2020-01

Showing 25 of 26. Full list via /api/targets/043035.

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 AR

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2023-03-01 Crh Of Bentonville Llc Everest Rehabilitation Hospital... Rogers Rehabilitation Hospital 36