Intensive Specialty Hospital
Shreveport, Caddo Parish County, LA
· CCN 192010
Licensed to Intensive Specialty Hospital, Llc
Composite
71.7
rank score
Distress
97
FY2024
Fit
70
vs thesis
Estimated ticket
$43.0M–$172M
205 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
- current ratio below 0.8
- liabilities exceed assets
- occupancy 30-45%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- bed count in the target band
- ticket size uses the capital envelope well
- thin occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $51.1M |
| Operating margin | -37.1% |
| Total margin | -29.7% |
| Days cash on hand | 1 |
| Current ratio | 0.67 |
| Occupancy | 41% |
Facility
| Beds | 205 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 196 | $59.7M | $7.0M | -8.2% | 9.8% | 24 | 2.54 | 62% | 1,523 | 44 |
| 2022 | 196 | $55.2M | $838K | -5.4% | 1.4% | 12 | 1.37 | 49% | 1,388 | 53 |
| 2023 | 250 | $54.8M | $-1.4M | -11.7% | -2.3% | 4 | 0.83 | 44% | 1,580 | 77 |
| 2024 | 205 | $51.1M | $-16.1M | -37.1% | -29.7% | 1 | 0.67 | 41% | 1,377 | 97 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Chaim Rottenberg | 5% or greater direct ownership interest | 100 | 2019-08 | |
| Chaim Rottenberg | corporate officer | 100 | 2019-08 | |
| Chaim Rottenberg | w-2 managing employee | 100 | 2019-08 | |
| Intensive Specialty Hospital, Llc | 5% or greater direct ownership interest | 100 | 2019-08 | |
| Intensive Specialty Hospital, Llc | operational/managerial control | 100 | 2019-08 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2019-08-30 | change of ownership | Intensive Specialty Hospital, Llc | Promise Hospital Of Louisiana, Inc |
Who has been buying in LA
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 |
|---|---|---|---|---|
| 2025-03-01 | Sage Specialty Hospital Of Lake... | Chg Hospital Sulphur Llc | Cornerstone Specialty Southwest Loui | 28 |
| 2025-02-01 | Cornerstone Post Acute Care Of Bossier Llc | Chg Hospital Bossier City Llc | Cornerstone Specialty Bossier City | 43 |
| 2024-05-19 | Baton Rouge Specialty Hospital | Kpc Promise Hospital Of Baton Rouge, Llc | Kpc Promise Hospital Of Baton Rouge | 54 |
| 2019-09-30 | Pam Specialty Hospital Of Shreveport Llc | New Lifecare Hospitals, Llc | Pam Specialty Hospital Of Shreveport | 24 |
| 2019-08-30 | Intensive Specialty Hospital, Llc | Promise Hospital Of Louisiana, Inc | Intensive Specialty Hospital | 205 |
| 2017-08-31 | Sage Ltac Llc | Ltac Hospital Of Louisiana -... | Sage Specialty Care Hospital | 59 |