Ssh - Miami
dba Select Specialty Hospital - Miami ·
Miami, Miami-Dade County, FL
· CCN 102001
Licensed to Victoria Healthcare Inc
Composite
33.1
rank score
Distress
4
FY2024
Fit
78
vs thesis
Estimated ticket
$14.1M–$56.4M
47 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- margin slipping
- 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 | $28.5M |
| Operating margin | 11.2% |
| Total margin | 7.2% |
| Days cash on hand | — |
| Current ratio | 1.70 |
| Occupancy | 84% |
Facility
| Beds | 47 |
| 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 | 47 | $28.0M | $2.3M | 13.2% | 8.2% | — | 1.21 | 90% | 471 | 4 |
| 2022 | 47 | $28.7M | $494K | 9.5% | 1.7% | — | 1.77 | 93% | 483 | 4 |
| 2023 | 47 | $26.1M | $165K | 8.1% | 0.6% | — | 0.89 | 82% | 479 | 16 |
| 2024 | 47 | $28.5M | $2.1M | 11.2% | 7.2% | — | 1.70 | 84% | 437 | 4 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Select Medical Corporation | 5% or greater indirect ownership interest | 100 | 2001-06 | |
| Select Medical Corporation | operational/managerial control | 100 | 2001-06 | |
| Select Specialty Hospitals Inc | 5% or greater direct ownership interest | 100 | 2001-06 | |
| John Duggan | corporate officer | 2002-12 | ||
| John Duggan | corporate director | 2025-09 | ||
| John Saich | corporate officer | 2025-09 | ||
| Michael Malatesta | corporate officer | 2025-09 | ||
| Monica Madrigal | corporate officer | 2023-11 | ||
| Monica Madrigal | w-2 managing employee | 2023-11 | ||
| Monica Madrigal | operational/managerial control | 2023-11 | ||
| Robert Breighner | w-2 managing employee | 2025-09 | ||
| Robert Kido | corporate officer | 2025-09 | ||
| Thomas Mullin | corporate officer | 2025-09 | ||
| Victoria Healthcare Inc | 5% or greater direct ownership interest | 2001-06 |
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 FL
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 Sarasota Llc | New Lifecare Hospitals Of Sarasota, Llc | Pam Specialty Hospital Of Sarasota | 40 |
| 2019-04-03 | Select Specialty Hospital - Miami... | Promise Hospital Of Dade, Inc. | Ssh - Miami Lakes | 60 |
| 2019-04-03 | Select Specialty Hospital - The... | Promise Hospital Of Florida At The... | Ssh - The Villages | 40 |
| 2019-04-03 | Select Specialty Hospital - Fort... | Promise Hospital Of Lee, Inc. | Ssh - Fort Myers | 60 |
| 2018-04-01 | Curahealth Jacksonville Llc | Memorial Healthcare Group Inc | Curahealth Jacksonville Llc | 107 |