Lafayette Regional Rehabilitation Ho
dba Lafayette Regional Rehabilitation Hospital ·
Lafayette, Tippecanoe County, IN
· CCN 153042
Licensed to Lafayette Regional Rehabilitation Hospital Llc
Composite
59.1
rank score
Distress
42
FY2023
Fit
84
vs thesis
Estimated ticket
$13.0M–$52.0M
40 beds ·
within envelope
Ownership
for-profit
PE 5y
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- PE-owned 5 years — approaching exit window
- 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 · FY2023
| Net patient revenue | $15.8M |
| Operating margin | 4.7% |
| Total margin | 5.6% |
| Days cash on hand | 1 |
| Current ratio | 0.01 |
| Occupancy | 65% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 40 | $11.6M | $-852K | -14.6% | -6.9% | 1 | 0.02 | 51% | 481 | 89 |
| 2021 | 40 | $14.4M | $1.0M | 4.0% | 6.9% | 6 | 0.02 | 60% | 578 | 49 |
| 2022 | 40 | $15.8M | $1.2M | 7.4% | 7.8% | 3 | 0.02 | 59% | 618 | 49 |
| 2023 | 40 | $15.8M | $892K | 4.7% | 5.6% | 1 | 0.01 | 65% | 632 | 42 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Epoch Acquisition Inc | 5% or greater indirect ownership interest | 100 | 2018-10 | |
| Epoch Midco Inc | 5% or greater indirect ownership interest | 100 | 2018-10 | |
| Epoch Midco, Inc | 5% or greater indirect ownership interest | 100 | 2018-10 | |
| Epoch Parent Holdings Llc | 5% or greater indirect ownership interest | 100 | 2018-10 | |
| Epoch Parent Inc | 5% or greater indirect ownership interest | 100 | 2018-10 | |
| Ernest Health Holdings Llc | 5% or greater direct ownership interest | 100 | 2012-03 | |
| Truist Bank | 5% or greater security interest | 61 | 2025-11 | |
| One Equity Partners Vii Lp | 5% or greater indirect ownership interest | 58 | 2018-10 | PE |
| Mpt Of Brownsville, Llc | 5% or greater security interest | 32 | 2020-12 | |
| One Equity Partners Vii-A Lp | 5% or greater indirect ownership interest | 30 | 2018-10 | PE |
| One Equity Partners Vii-B Lp | 5% or greater indirect ownership interest | 12 | 2018-10 | PE |
| Caleb Reed | corporate officer | 2023-06 | ||
| Denise Kann | corporate officer | 2023-06 | ||
| Ernest Health, Inc | other | 2014-06 | ||
| Eudora Cannon | corporate officer | 2023-06 | ||
| Eudora Cannon | other | 2023-06 | ||
| Jacob Socha | corporate officer | 2023-06 | ||
| Michael Roffelsen | w-2 managing employee | 2026-02 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.