Ssh - Augusta Uh Inc
dba Select Specialty Hospital - Augusta ·
Augusta, Richmond County, GA
· CCN 112013
Licensed to Select Specialty Hospital - Augusta Inc
Composite
36.0
rank score
Distress
8
FY2024
Fit
82
vs thesis
Estimated ticket
$24.0M–$96.0M
80 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- margin deteriorating
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- 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 · FY2024
| Net patient revenue | $37.8M |
| Operating margin | 12.3% |
| Total margin | 12.8% |
| Days cash on hand | — |
| Current ratio | 2.06 |
| Occupancy | 60% |
Facility
| Beds | 80 |
| 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 | 80 | $34.0M | $6.1M | 14.5% | 17.3% | — | 0.93 | 62% | 519 | 11 |
| 2022 | 80 | $32.8M | $4.3M | 12.2% | 12.2% | — | 0.93 | 56% | 519 | 14 |
| 2023 | 80 | $31.0M | $-2.4M | 1.1% | -7.8% | — | 1.13 | 54% | 494 | 31 |
| 2024 | 80 | $37.8M | $4.8M | 12.3% | 12.8% | — | 2.06 | 60% | 496 | 8 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Select Medical Corporation | 5% or greater indirect ownership interest | 100 | 2005-01 | |
| Select Medical Corporation | operational/managerial control | 100 | 2005-01 | |
| Cynthia Greene | corporate officer | 2023-08 | ||
| Cynthia Greene | w-2 managing employee | 2023-08 | ||
| Cynthia Greene | operational/managerial control | 2023-08 | ||
| John Duggan | corporate officer | 2025-09 | ||
| 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 | ||
| Sempercare, Inc. | 5% or greater direct ownership interest | 2003-08 | ||
| 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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2016-06-28 | Select Specialty Hospital Midtown... | Kindred Hospitals Limited Partnership | Ssh - Es Midtown Atlanta | 72 |