Ssh - Gainesville Inc
dba Select Specialty Hospital- Gainesville ·
Gainesville, Alachua County, FL
· CCN 102022
Licensed to Select Specialty Hospital Gainesville Llc
Composite
53.4
rank score
Distress
49
FY2024
Fit
78
vs thesis
Estimated ticket
$14.4M–$57.6M
48 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin negative
- total margin negative
- current liabilities exceed current assets
- debt above 70% of assets
- margin deteriorating
- 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 | $25.2M |
| Operating margin | -0.9% |
| Total margin | -0.7% |
| Days cash on hand | — |
| Current ratio | 0.89 |
| Occupancy | 85% |
Facility
| Beds | 48 |
| 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 | 48 | $26.4M | $864K | 3.2% | 3.3% | — | 0.60 | 89% | 534 | 17 |
| 2022 | 48 | $26.1M | $1.1M | 1.7% | 4.3% | — | 1.13 | 88% | 470 | 19 |
| 2023 | 48 | $24.4M | $-39.3K | -0.3% | -0.2% | — | 0.74 | 83% | 438 | 53 |
| 2024 | 48 | $25.2M | $-165K | -0.9% | -0.7% | — | 0.89 | 85% | 410 | 49 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| John Duggan | corporate officer | 2007-11 | ||
| John Duggan | corporate director | 2025-09 | ||
| John Saich | corporate officer | 2025-09 | ||
| Michael Malatesta | corporate officer | 2025-09 | ||
| Robert Breighner | w-2 managing employee | 2025-09 | ||
| Robert Holcomb | corporate officer | 2025-02 | ||
| Robert Holcomb | w-2 managing employee | 2025-02 | ||
| Robert Holcomb | operational/managerial control | 2025-02 | ||
| Robert Kido | corporate officer | 2025-09 | ||
| Select Medical Corporation | 5% or greater direct ownership interest | 2007-11 | ||
| Select Specialty Hospitals Inc | 5% or greater direct ownership interest | 2007-11 | ||
| Thomas Mullin | corporate officer | 2025-09 |
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 |