Ochsner Rehabilitation Hospital
Jefferson, Jefferson County, LA
· CCN 193099
Licensed to Osr Louisiana Llc
Composite
57.5
rank score
Distress
61
FY2023
Fit
75
vs thesis
Estimated ticket
$15.5M–$61.9M
56 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- operating margin negative
- total margin negative
- current ratio below 0.8
- liabilities exceed assets
- margin deteriorating
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- 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 | $24.5M |
| Operating margin | -2.4% |
| Total margin | -2.3% |
| Days cash on hand | — |
| Current ratio | 0.54 |
| Occupancy | 77% |
Facility
| Beds | 56 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $276K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 53 | $19.7M | $537K | 0.1% | 2.7% | — | 0.61 | 69% | 1,008 | 40 |
| 2021 | 56 | $22.5M | $-831K | -4.3% | -3.7% | — | 0.58 | 72% | 1,134 | 67 |
| 2022 | 56 | $23.3M | $-1.9M | -4.9% | -8.1% | — | 0.67 | 76% | 1,133 | 73 |
| 2023 | 56 | $24.5M | $-563K | -2.4% | -2.3% | — | 0.54 | 77% | 1,070 | 61 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Select Medical Corporation | 5% or greater indirect ownership interest | 100 | 2018-03 | |
| Select Medical Corporation | operational/managerial control | 100 | 2018-03 | |
| Select Specialty Hospitals Inc | 5% or greater indirect ownership interest | 100 | 2023-01 | |
| Hospital Holdings Corporation | 5% or greater direct ownership interest | 51 | 2018-03 | |
| Ochsner Clinic Foundation | 5% or greater direct ownership interest | 49 | 2018-03 | |
| Emily Wiltenmuth | corporate officer | 2024-08 | ||
| Emily Wiltenmuth | w-2 managing employee | 2024-08 | ||
| Emily Wiltenmuth | operational/managerial control | 2024-08 | ||
| John Duggan | corporate officer | 2025-09 | ||
| John Duggan | corporate director | 2025-09 | ||
| John Saich | corporate officer | 2025-09 | ||
| Kessler Rehabilitation Services Inc | operational/managerial control | 2018-03 | ||
| 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 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 |