dealflow
envelope $200M

← Targets

St Johns Rehabilitation Hospital

dba St Anthony's Rehabilitation Hospital · Lauderdale Lakes, Broward County, FL · CCN 103027
Licensed to St Johns Rehabilitation Hospital And Nursing Center Inc

Composite
66.7
rank score
Distress
81
FY2023
Fit
76
vs thesis
Estimated ticket
$5.9M–$23.7M
26 beds · within envelope
Ownership
nonprofit
RH

Why it ranks here

  • operating margin -10% to -5%
  • total margin -8% to -3%
  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • occupancy 45-60%
  • margin deteriorating
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$27.2M
Operating margin -9.4%
Total margin -8.0%
Days cash on hand 24
Current ratio 0.30
Occupancy55%

Facility

Beds26
Facility typeRH
Settingurban
Ownership classnonprofit
Per-bed (low) $228K
Per-bed (high) $910K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 26 $22.8M $-1.2M -23.1% -4.3% 67 0.56 44% 287 80
2021 26 $23.7M $-4.1M -19.8% -16.8% 25 0.35 44% 275 97
2022 26 $24.8M $-3.1M -18.6% -11.9% 28 0.32 44% 306 97
2023 26 $27.2M $-2.2M -9.4% -8.0% 24 0.30 55% 349 81

Owners

OwnerRole%SinceType
Archdiocese Of Miami Inc
Miami Shores, FL
5% or greater indirect ownership interest 100 1979-08
Jaime Gonzalez w-2 managing employee 100 2019-09
St Johns Rehabilitation Hospital And Nursing Center Inc
Lauderdale Lakes, FL
5% or greater direct ownership interest 100 1979-08
Aristides Pallin contracted managing employee 2021-10
Aristides Pallin corporate officer 2021-10
Catholic Health Services Inc
Lauderdale Lakes, FL
operational/managerial control 1986-02
David D'amico contracted managing employee 2011-08

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.