Vibra Hospital Of Northwest Indiana
dba Nw Indiana-Amg Specialty Hospital ·
Crown Point, Lake County, IN
· CCN 152028
Licensed to Nw Indiana-Amg Specialty Hospital Inc
Already transacted. CMS recorded an ownership change effective
2024-01-01. Confirm the current owner before spending a call on this.
Composite
21.8
rank score
Distress
70
FY2023
Fit
77
vs thesis
Estimated ticket
$8.4M–$33.6M
40 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- 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
- changed ownership 2024-01-01 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $14.0M |
| Operating margin | -23.2% |
| Total margin | -20.9% |
| Days cash on hand | 0 |
| Current ratio | 2.06 |
| Occupancy | 61% |
Facility
| Beds | 40 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $210K |
| Per-bed (high) | $840K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 40 | $17.2M | $2.0M | 11.4% | 11.9% | 27 | 3.06 | 70% | 428 | 22 |
| 2021 | 40 | $17.8M | $1.4M | 6.1% | 7.8% | 0 | 118.41 | 74% | 436 | 22 |
| 2022 | 40 | $16.5M | $854K | -4.0% | 4.7% | 2 | 22.48 | 69% | 353 | 38 |
| 2023 | 40 | $14.0M | $-3.0M | -23.2% | -20.9% | 0 | 2.06 | 61% | 347 | 70 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Amg 3.0, Llc | 5% or greater direct ownership interest | 100 | 2024-01 | |
| August Rantz | corporate officer | 50 | 2024-01 | |
| Benjamin Miller | corporate officer | 50 | 2024-01 | |
| Keshia Clark | w-2 managing employee | 50 | 2025-07 | |
| Timothy Howard | corporate officer | 50 | 2024-01 | |
| August Rantz | 5% or greater indirect ownership interest | 40 | 2024-01 | |
| Rantz Iv Enterprises Llc | 5% or greater indirect ownership interest | 40 | 2024-01 | |
| Timothy Howard | 5% or greater indirect ownership interest | 40 | 2024-01 | |
| Jessica Mcgee | corporate officer | 25 | 2024-01 | |
| Benjamin Miller | 5% or greater indirect ownership interest | 10 | 2024-01 | |
| Jessica Mcgee | 5% or greater indirect ownership interest | 10 | 2024-01 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2024-01-01 | change of ownership | Nw Indiana-Amg Specialty Hospital Inc | Vibra Hospital Of Northwestern... |
Who has been buying in IN
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 |
|---|---|---|---|---|
| 2024-01-01 | Nw Indiana-Amg Specialty Hospital Inc | Vibra Hospital Of Northwestern Indiana, Llc | Vibra Hospital Of Northwest Indiana | 40 |