Pam Specialty Hospital Of Denver
Denver, Denver County, CO
· CCN 062012
Licensed to Pam Specialty Hospital Of Denver Llc
Composite
47.4
rank score
Distress
30
FY2024
Fit
80
vs thesis
Estimated ticket
$18.9M–$75.6M
63 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- under 30 days cash on hand
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- bed count in the target band
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $51.1M |
| Operating margin | 24.4% |
| Total margin | 24.6% |
| Days cash on hand | 4 |
| Current ratio | 2.90 |
| Occupancy | 90% |
Facility
| Beds | 63 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 63 | $45.1M | $13.8M | 28.2% | 29.8% | 0 | 1.82 | 77% | 393 | 22 |
| 2022 | 63 | $46.7M | $10.2M | 20.6% | 21.6% | 0 | 1.80 | 81% | 449 | 22 |
| 2023 | 63 | $53.3M | $14.5M | 26.4% | 27.0% | 0 | 2.88 | 89% | 374 | 22 |
| 2024 | 63 | $51.1M | $12.6M | 24.4% | 24.6% | 4 | 2.90 | 90% | 385 | 30 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Pam Cubed Llc | 5% or greater indirect ownership interest | 100 | 2019-09 | chain |
| Pam Cubed Specialty Hospitals Llc | 5% or greater direct ownership interest | 100 | 2019-09 | |
| Brittany Misitano | 5% or greater indirect ownership interest | 74 | 2019-09 | |
| Anthony Misitano | corporate officer | 2019-08 | ||
| Brandon Weiland | w-2 managing employee | 2025-05 | ||
| Brittany Misitano | corporate officer | 2019-08 | ||
| Karick Stober | corporate officer | 2019-08 | ||
| Wells Fargo Bank, N.a. | 5% or greater security interest | 2024-07 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2019-09-30 | change of ownership | Pam Specialty Hospital Of Denver Llc | New Nextcare Specialty... |
Who has been buying in CO
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 |
|---|---|---|---|---|
| 2019-09-30 | Pam Specialty Hospital Of Denver Llc | New Nextcare Specialty Hospital Of... | Pam Specialty Hospital Of Denver | 63 |