United Medical Rehabilitation Hospit
dba Oasis Point Rehabilitation Hospital ·
Hammond, Tangipahoa Parish County, LA
· CCN 193079
Licensed to Rosemill Llc
Already transacted. CMS recorded an ownership change effective
2024-01-01. Confirm the current owner before spending a call on this.
Composite
24.7
rank score
Distress
97
FY2023
Fit
67
vs thesis
Estimated ticket
$9.1M–$36.4M
40 beds ·
within envelope
Ownership
for-profit
RH
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
- specialty facility — narrower problem scope
- small but workable bed count
- small ticket — deploys little of the available capital
- thin occupancy
- for-profit — no charitable conversion review
- changed ownership 2024-01-01 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $9.4M |
| Operating margin | -14.6% |
| Total margin | -14.6% |
| Days cash on hand | 0 |
| Current ratio | 0.16 |
| Occupancy | 41% |
Facility
| Beds | 40 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $228K |
| Per-bed (high) | $910K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 40 | $9.4M | $871K | -11.2% | 7.7% | 2 | 0.46 | 49% | 555 | 70 |
| 2021 | 40 | $9.5M | $1.1M | -14.1% | 9.3% | 7 | 0.64 | 52% | 540 | 66 |
| 2022 | 40 | $9.7M | $-525K | -11.2% | -5.1% | 4 | 0.38 | 46% | 508 | 86 |
| 2023 | 40 | $9.4M | $-1.4M | -14.6% | -14.6% | 0 | 0.16 | 41% | 479 | 97 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Hospital Linked Management Llc | operational/managerial control | 100 | 2024-01 | |
| John Mills | 5% or greater direct ownership interest | 96 | 2020-12 | |
| Krystal Howard | w-2 managing employee | 2023-11 | ||
| Warren Swenson | w-2 managing employee | 2023-11 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2024-01-01 | change of ownership | Rosemill Llc | United Medical Healthcare 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 |
|---|---|---|---|---|
| 2024-01-01 | Rosemill Llc | United Medical Healthcare Inc | United Medical Rehabilitation Hospit | 40 |