Ssh - Kansas City
dba Select Specialty Hospital - Kansas City ·
Kansas City, Wyandotte County, KS
· CCN 172005
Licensed to Select Specialty Hospital - Kansas City Inc
Composite
36.7
rank score
Distress
21
FY2023
Fit
68
vs thesis
Estimated ticket
$12.0M–$48.0M
40 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin negative
- current ratio under 1.5
- 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
Latest financials · FY2023
| Net patient revenue | $23.7M |
| Operating margin | -0.5% |
| Total margin | 3.4% |
| Days cash on hand | — |
| Current ratio | 1.22 |
| Occupancy | 77% |
Facility
| Beds | 40 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 40 | $22.8M | $-1.1M | -3.0% | -4.4% | — | 0.83 | 95% | 496 | 47 |
| 2021 | 40 | $21.5M | $781K | -1.7% | 3.3% | — | 0.79 | 83% | 384 | 51 |
| 2022 | 40 | $22.4M | $-4.2M | -15.5% | -18.5% | — | 1.12 | 85% | 404 | 61 |
| 2023 | 40 | $23.7M | $842K | -0.5% | 3.4% | — | 1.22 | 77% | 384 | 21 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Intensiva Healthcare Corporation | 5% or greater direct ownership interest | 100 | 1998-12 | |
| Select Medical Corporation | 5% or greater indirect ownership interest | 100 | 2001-07 | |
| Select Medical Corporation | operational/managerial control | 100 | 2011-07 | |
| Brent Hanson | corporate officer | 2023-11 | ||
| Brent Hanson | w-2 managing employee | 2023-11 | ||
| Brent Hanson | operational/managerial control | 2023-11 | ||
| 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 | ||
| 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 KS
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 |
|---|---|---|---|---|
| 2024-08-25 | Hhn Ks1 Llc | Kpc Promise Hospital Of Overland Park Llc | Kpc Promise Hospital Of Overland Pk | 56 |