Encompass Health Rehabilitation Hosp
dba Encompass Health Rehabilitation Hospital Of Littleton ·
Littleton, Arapahoe County, CO
· CCN 063034
Licensed to Encompass Pahs Rehabilitation Hospital, Llc
Composite
59.6
rank score
Distress
51
FY2024
Fit
87
vs thesis
Estimated ticket
$16.6M–$66.3M
60 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- operating margin negative
- total margin negative
- under 30 days cash on hand
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- 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 | $25.2M |
| Operating margin | -3.3% |
| Total margin | -1.7% |
| Days cash on hand | 16 |
| Current ratio | 1.93 |
| Occupancy | 70% |
Facility
| Beds | 60 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $276K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 60 | $22.9M | $2.9M | 11.3% | 12.6% | 38 | 3.55 | 74% | 1,305 | 17 |
| 2022 | 60 | $22.8M | $1.6M | 6.1% | 7.2% | 49 | 2.73 | 69% | 1,229 | 17 |
| 2023 | 60 | $21.8M | $-1.2M | -5.9% | -5.3% | 17 | 2.15 | 68% | 1,247 | 57 |
| 2024 | 60 | $25.2M | $-435K | -3.3% | -1.7% | 16 | 1.93 | 70% | 1,306 | 51 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Encompass Health Corporation | 5% or greater indirect ownership interest | 68 | 2018-11 | chain |
| Encompass Health Joint Ventures Holdings, Llc | 5% or greater indirect ownership interest | 68 | 2018-11 | |
| Encompass Health Littleton Holdings Llc | 5% or greater direct ownership interest | 68 | 2018-11 | |
| Adventist Health System Sunbelt Healthcare Corporation | 5% or greater indirect ownership interest | 32 | 2018-11 | |
| Portercare Adventist Health System | 5% or greater direct ownership interest | 32 | 2018-11 | |
| Vanguard Group Inc | 5% or greater indirect ownership interest | 7 | 2023-12 | |
| Blackrock Inc | 5% or greater indirect ownership interest | 6 | 2023-12 | |
| Beth Bacher | w-2 managing employee | 2026-01 | ||
| Carey Mcrae | operational/managerial control | 2025-01 | ||
| Carey Mcrae | other | 2025-01 | ||
| Encompass Health Corporation | operational/managerial control | 2018-11 | chain | |
| Mark Tarr | operational/managerial control | 2018-11 | ||
| Robert Mccallum | operational/managerial control | 2024-10 | ||
| Robert Mccallum | other | 2024-10 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2018-11-01 | change of ownership | Encompass Pahs Rehabilitation... | Encompass Health... |
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 |
|---|---|---|---|---|
| 2018-11-01 | Encompass Pahs Rehabilitation Hospital, Llc | Encompass Health Rehabilitation... | Encompass Health Rehabilitation Hosp | 60 |