Encompass Health Rehabilitation Hosp
dba Encompass Health Rehabilitation Hospital Of Tallahassee ·
Tallahassee, Leon County, FL
· CCN 103033
Licensed to Encompass Health Rehabilitation Hospital Of Tallahassee, Llc
Composite
64.1
rank score
Distress
57
FY2023
Fit
92
vs thesis
Estimated ticket
$16.0M–$64.1M
58 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- 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 · FY2023
| Net patient revenue | $19.4M |
| Operating margin | 9.1% |
| Total margin | -10.4% |
| Days cash on hand | 0 |
| Current ratio | -3.20 |
| Occupancy | 62% |
Facility
| Beds | 58 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 76 | $21.2M | $1.2M | 6.0% | 5.9% | 46 | 3.40 | 54% | 1,137 | 19 |
| 2021 | 76 | $23.1M | $2.0M | 8.3% | 8.5% | 58 | 2.58 | 57% | 1,261 | 19 |
| 2022 | 76 | $23.1M | $2.9M | 11.8% | 12.6% | 0 | -0.10 | 54% | 1,201 | 38 |
| 2023 | 58 | $19.4M | $-1.7M | 9.1% | -10.4% | 0 | -3.20 | 62% | 1,022 | 57 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Barclays Bank Plc | 5% or greater security interest | 100 | 2016-01 | |
| Encompass Health Corporation | 5% or greater indirect ownership interest | 100 | 1994-12 | chain |
| Encompass Health Owned Hospitals Holdings Llc | 5% or greater direct ownership interest | 100 | 2012-05 | |
| Vanguard Group Inc | 5% or greater indirect ownership interest | 10 | 2023-12 | |
| Blackrock Inc | 5% or greater indirect ownership interest | 9 | 2023-12 | |
| Invesco Ltd | 5% or greater indirect ownership interest | 5 | 2024-12 | |
| Carey Mcrae | corporate officer | 2025-01 | ||
| Encompass Health Corporation | operational/managerial control | 1994-12 | chain | |
| Luis Nunez | w-2 managing employee | 2025-10 | ||
| Mark Tarr | operational/managerial control | 2017-01 | ||
| Robert Mccallum | corporate officer | 2025-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.