Roosevelt Warm Springs Rehab Hosp
dba Wellstar Roosevelt Rehabilitation Care At Warm Springs ·
Warm Springs, Meriwether County, GA
· CCN 113028
Licensed to Roosevelt Warm Springs Rehabilitation & Specialty Hospitals Inc
Composite
33.6
rank score
Distress
12
FY2024
Fit
70
vs thesis
Estimated ticket
$16.9M–$67.6M
52 beds ·
within envelope
Ownership
government
RH
Why it ranks here
- 90-150 days cash on hand
- occupancy below 30%
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $8.7M |
| Operating margin | 31.3% |
| Total margin | 31.3% |
| Days cash on hand | 112 |
| Current ratio | 2.55 |
| Occupancy | 30% |
Facility
| Beds | 52 |
| Facility type | RH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $325K |
| Per-bed (high) | $1.3M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 52 | $9.4M | $-149K | -121.4% | -0.7% | 59 | 0.52 | 38% | 453 | 82 |
| 2022 | 52 | $7.8M | $1.0M | 13.0% | 13.0% | 36 | 0.25 | 27% | 388 | 50 |
| 2023 | 52 | $16.7M | $-5.5M | -32.9% | -32.5% | 15 | 1.55 | 29% | 361 | 76 |
| 2024 | 52 | $8.7M | $2.7M | 31.3% | 31.3% | 112 | 2.55 | 30% | 372 | 12 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Candice Saunders | w-2 managing employee | 100 | 2023-08 | |
| Arif Aziz | corporate director | 2023-08 | ||
| Au Health System Inc | 5% or greater indirect ownership interest | 2023-08 | ||
| Candice Saunders | corporate officer | 2023-08 | ||
| David Bottoms | corporate director | 2023-08 | ||
| Ebenezer Erzuah | w-2 managing employee | 2023-08 | ||
| Edward Richardson | corporate director | 2023-08 | ||
| Frank Ros | corporate director | 2023-08 | ||
| Greg Morgan | corporate director | 2023-08 | ||
| Hiram Burdette | corporate director | 2023-08 | ||
| James Cunningham | corporate director | 2023-08 | ||
| James Holmes | corporate director | 2023-08 | ||
| James Hornsby | corporate director | 2023-08 | ||
| James Swartz | corporate director | 2024-04 | ||
| James Swartz | w-2 managing employee | 2023-08 | ||
| John Mckibben | corporate director | 2023-08 | ||
| Joseph Reppert | corporate director | 2024-04 | ||
| Joseph Reppert | w-2 managing employee | 2024-04 | ||
| Keith Parker | corporate director | 2023-08 | ||
| Mark Berry | corporate director | 2023-08 | ||
| Mitzi Moore | corporate director | 2023-08 | ||
| Orrin Swayze | corporate director | 2023-08 | ||
| Paul Douglass | corporate director | 2023-08 | ||
| Wellstar Health System Inc | 5% or greater indirect ownership interest | 2023-08 | ||
| William Brock | corporate director | 2023-08 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.