Ssh - Daytona Beach
dba Select Specialty Hospital - Daytona Beach ·
Daytona Beach, Volusia County, FL
· CCN 102030
Licensed to Select Specialty Hospital - Daytona Beach, Inc.
Composite
37.0
rank score
Distress
12
FY2023
Fit
78
vs thesis
Estimated ticket
$10.2M–$40.8M
34 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- 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 · FY2023
| Net patient revenue | $22.2M |
| Operating margin | 14.4% |
| Total margin | 3.0% |
| Days cash on hand | — |
| Current ratio | 1.64 |
| Occupancy | 94% |
Facility
| Beds | 34 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 34 | $19.8M | $2.0M | 22.3% | 9.8% | — | 0.77 | 89% | 407 | 17 |
| 2021 | 34 | $21.5M | $2.4M | 21.0% | 11.1% | — | 0.92 | 93% | 412 | 11 |
| 2022 | 34 | $21.2M | $1.2M | 15.5% | 5.8% | — | 1.34 | 91% | 354 | 4 |
| 2023 | 34 | $22.2M | $675K | 14.4% | 3.0% | — | 1.64 | 94% | 366 | 12 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Select Medical Corporation | 5% or greater indirect ownership interest | 100 | 2015-04 | |
| Select Medical Corporation | operational/managerial control | 100 | 2015-04 | |
| Select Specialty Hospitals Inc | 5% or greater direct ownership interest | 100 | 2015-04 | |
| John Duggan | corporate officer | 2015-04 | ||
| 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 Kido | corporate officer | 2025-09 | ||
| Tammy Ratliff | corporate officer | 2026-03 | ||
| Tammy Ratliff | w-2 managing employee | 2026-03 | ||
| Tammy Ratliff | operational/managerial control | 2026-03 | ||
| 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 |