Rogers Rehabilitation Hospital
dba Mercy Rehabilitation Hospital Northwest Arkansas ·
Rogers, Benton County, AR
· CCN 043036
Licensed to Crh Of Bentonville Llc
Already transacted. CMS recorded an ownership change effective
2023-03-01. Confirm the current owner before spending a call on this.
Composite
14.2
rank score
Distress
26
FY2023
Fit
72
vs thesis
Estimated ticket
$11.7M–$46.8M
36 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- operating margin under 2%
- total margin under 2%
- 30-60 days cash on hand
- 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
- changed ownership 2023-03-01 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $11.4M |
| Operating margin | 1.4% |
| Total margin | 1.4% |
| Days cash on hand | 39 |
| Current ratio | 1.60 |
| Occupancy | 56% |
Facility
| Beds | 36 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $325K |
| Per-bed (high) | $1.3M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 36 | $4.5M | $-3.1M | -71.4% | -68.0% | 6 | 1.16 | 33% | 241 | 87 |
| 2021 | 36 | $8.7M | $-2.0M | -29.8% | -22.1% | 22 | 1.66 | 44% | 443 | 83 |
| 2022 | 36 | $14.2M | $-386K | -2.9% | -2.7% | 4 | 0.79 | 64% | 641 | 70 |
| 2023 | 36 | $11.4M | $163K | 1.4% | 1.4% | 39 | 1.60 | 56% | 583 | 26 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Centerre Healthcare Llc | 5% or greater direct ownership interest | 100 | 2023-03 | |
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 100 | 2023-03 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 100 | 2023-03 | |
| Lifepoint Rehab Blocker Llc | 5% or greater indirect ownership interest | 100 | 2023-03 | |
| Lifepoint Rehab Blocker Parent Llc | 5% or greater indirect ownership interest | 100 | 2023-03 | |
| Lifepoint Rehab Llc | 5% or greater indirect ownership interest | 100 | 2023-03 | |
| Mercy Health Northwest Arkansas Communities | 5% or greater indirect ownership interest | 50 | 2023-09 | |
| Mercy Hospital Rogers | 5% or greater direct ownership interest | 50 | 2023-09 | |
| Chc Management Services Llc | operational/managerial control | 2023-09 | ||
| Deborah Manharth | corporate director | 2023-09 | ||
| Donna Flannery | corporate director | 2023-09 | ||
| Jason Wildman | corporate director | 2023-09 | ||
| Wendy Yates | w-2 managing employee | 2023-03 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2023-03-01 | change of ownership | Crh Of Bentonville Llc | Everest Rehabilitation... |
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2023-03-01 | Crh Of Bentonville Llc | Everest Rehabilitation Hospital... | Rogers Rehabilitation Hospital | 36 |