The Rehabilitation Institute Of Sout
dba The Rehabilitation Institute Of Southern Illinois ·
Shiloh, St. Clair County, IL
· CCN 143030
Licensed to The Rehabilitation Institute Of Southern Illinois,llc
Composite
38.0
rank score
Distress
15
FY2024
Fit
74
vs thesis
Estimated ticket
$13.0M–$52.0M
40 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- 30-60 days cash on hand
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- 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 | $19.1M |
| Operating margin | 5.5% |
| Total margin | 9.0% |
| Days cash on hand | 31 |
| Current ratio | 3.49 |
| Occupancy | 83% |
Facility
| Beds | 40 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 40 | $16.7M | $-905K | -6.1% | -5.4% | 86 | 3.62 | 62% | 889 | 44 |
| 2024 | 40 | $19.1M | $1.8M | 5.5% | 9.0% | 31 | 3.49 | 83% | 1,004 | 15 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bjc Health System | 5% or greater direct ownership interest | 50 | 2021-11 | |
| Encompass Health Corporation | 5% or greater indirect ownership interest | 50 | 2019-04 | chain |
| Encompass Health Joint Ventures Holdings, Llc | 5% or greater indirect ownership interest | 50 | 2019-04 | |
| Encompass Health Southern Illinois Holdings, Llc | 5% or greater direct ownership interest | 50 | 2019-04 | |
| Vanguard Group Inc | 5% or greater indirect ownership interest | 5 | 2023-12 | |
| Carey Mcrae | corporate officer | 2025-01 | ||
| Cassidy Hoelscher | w-2 managing employee | 2021-08 | ||
| Encompass Health Corporation | operational/managerial control | 2021-11 | chain | |
| Mark Tarr | operational/managerial control | 2017-01 | ||
| Robert Mccallum | corporate officer | 2024-10 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.