Kindred Hospital Aurora
Aurora, Arapahoe County, CO
· CCN 062013
Licensed to Scci Hospitals Of America Llc
Composite
36.9
rank score
Distress
16
FY2024
Fit
74
vs thesis
Estimated ticket
$11.1M–$44.4M
37 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- current ratio under 1.5
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- 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 | $26.5M |
| Operating margin | 7.4% |
| Total margin | 12.0% |
| Days cash on hand | — |
| Current ratio | 1.07 |
| Occupancy | 92% |
Facility
| Beds | 37 |
| 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 | 37 | $27.0M | $5.4M | 16.2% | 19.3% | 0 | 1.65 | 95% | 222 | 22 |
| 2022 | 37 | $26.7M | $2.9M | 6.3% | 10.4% | — | 0.64 | 94% | 258 | 17 |
| 2023 | 37 | $25.9M | $3.3M | 7.3% | 12.0% | 0 | 0.76 | 93% | 262 | 36 |
| 2024 | 37 | $26.5M | $3.4M | 7.4% | 12.0% | — | 1.07 | 92% | 320 | 16 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Kentucky Hospital Holdings Jv Lp | 5% or greater indirect ownership interest | 100 | 2018-07 | |
| Kentucky Hospital Holdings Llc | 5% or greater indirect ownership interest | 100 | 2018-07 | |
| Kentucky Hospital Intermediate Llc | 5% or greater indirect ownership interest | 100 | 2018-07 | |
| Kindred Healthcare Llc | 5% or greater indirect ownership interest | 100 | 1998-03 | |
| Kindred Healthcare Operating Llc | 5% or greater indirect ownership interest | 100 | 1998-02 | |
| Kindred Rehab Hospital Holdings Llc | 5% or greater indirect ownership interest | 100 | 2005-06 | |
| Knight Health Holdings Llc | 5% or greater indirect ownership interest | 100 | 2021-12 | |
| Knight Health Llc | 5% or greater indirect ownership interest | 100 | 2021-12 | |
| Knight Intermediate Holdings Llc | 5% or greater indirect ownership interest | 100 | 2021-12 | |
| Scci Health Services Llc | 5% or greater direct ownership interest | 100 | 1998-07 | |
| Triumph Healthcare Holdings Llc | 5% or greater indirect ownership interest | 100 | 2004-08 | |
| Triumph Healthcare Second Holdings Llc | 5% or greater indirect ownership interest | 100 | 2005-08 | |
| Triumph Healthcare Third Holdings Llc | 5% or greater indirect ownership interest | 100 | 2006-07 | |
| Dana Rock | corporate officer | 2024-12 | ||
| Deanna Schiavone | corporate officer | 2022-08 | ||
| Jacquelyn Davis | other | 2023-12 | ||
| Johnetta Traylor | corporate officer | 2024-12 | ||
| Kathy Teague | corporate officer | 2022-01 | ||
| Kevin Zachary | operational/managerial control | 2023-07 | ||
| Michael Bean | corporate officer | 2004-12 | ||
| Scott Graeser | corporate officer | 2022-06 |
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 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 |