dealflow
envelope $200M

← Targets

Ssh - Savannah Inc.

dba Select Specialty Hospital Savannah · Savannah, Chatham County, GA · CCN 112011
Licensed to Select Specialty Hospital - Savannah Inc

Composite
35.8
rank score
Distress
12
FY2024
Fit
76
vs thesis
Estimated ticket
$12.0M–$48.0M
40 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 · FY2024

Net patient revenue$21.0M
Operating margin 11.2%
Total margin 6.1%
Days cash on hand
Current ratio 2.08
Occupancy71%

Facility

Beds40
Facility typeLTCH
Settingurban
Ownership classfor-profit
Per-bed (low) $300K
Per-bed (high) $1.2M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 40 $19.5M $2.7M 8.8% 13.1% 1.50 70% 356 0
2022 40 $21.7M $3.9M 13.7% 16.0% 1.96 72% 390 0
2023 40 $21.7M $-752K 3.5% -3.4% 1.93 80% 375 16
2024 40 $21.0M $1.3M 11.2% 6.1% 2.08 71% 339 12

Owners

OwnerRole%SinceType
Select Medical Corporation
Mechanicsburg, PA
5% or greater indirect ownership interest 100 2005-01
Select Medical Corporation
Mechanicsburg, PA
operational/managerial control 100 2005-01
Sempercare, Inc.
Mechanicsburg, PA
5% or greater direct ownership interest 100 2005-01
Candice Carroll corporate officer 2025-03
Candice Carroll w-2 managing employee 2025-03
Candice Carroll operational/managerial control 2025-03
John Duggan corporate officer 2005-02
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
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 GA

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2016-06-28 Select Specialty Hospital Midtown... Kindred Hospitals Limited Partnership Ssh - Es Midtown Atlanta 72