Ssh - Lexington Inc
dba Select Specialty Hospital - Central Kentucky ·
Danville, Boyle County, KY
· CCN 182003
Licensed to Select Specialty Hospital - Lexington Inc
Composite
24.9
rank score
Distress
4
FY2024
Fit
58
vs thesis
Estimated ticket
$1.8M–$3.6M
30 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- margin slipping
- rural — cheaper but limited density
- LTCH — distress here is a payment-model artifact
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $15.9M |
| Operating margin | 9.3% |
| Total margin | 5.1% |
| Days cash on hand | — |
| Current ratio | 2.91 |
| Occupancy | 67% |
Facility
| Beds | 30 |
| Facility type | LTCH |
| Setting | rural |
| Ownership class | for-profit |
| Per-bed (low) | $60.0K |
| Per-bed (high) | $120K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 30 | $13.2M | $903K | -3.7% | 6.5% | — | 0.65 | 68% | 237 | 37 |
| 2022 | 30 | $12.8M | $-2.3M | -13.6% | -17.8% | — | 0.94 | 59% | 195 | 71 |
| 2023 | 30 | $14.2M | $-105K | -0.1% | -0.7% | — | 1.80 | 73% | 246 | 30 |
| 2024 | 30 | $15.9M | $815K | 9.3% | 5.1% | — | 2.91 | 67% | 214 | 4 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Select Medical Corporation | 5% or greater indirect ownership interest | 100 | 1996-12 | |
| Select Medical Corporation | operational/managerial control | 100 | 1996-12 | |
| Select Specialty Hospitals Inc | 5% or greater direct ownership interest | 100 | 1998-06 | |
| John Duggan | corporate officer | 2002-10 | ||
| John Duggan | corporate director | 2025-09 | ||
| John Saich | corporate officer | 2025-09 | ||
| Michael Malatesta | corporate officer | 2025-09 | ||
| Omar Josh Greeman | corporate officer | 2022-07 | ||
| Omar Josh Greeman | w-2 managing employee | 2022-07 | ||
| Omar Josh Greeman | operational/managerial control | 2022-07 | ||
| 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.