Pam Specialty Hospital Of Stoughton
dba Pam Health Specialty Hospital Of Stoughton ·
Stoughton, Norfolk County, MA
· CCN 222002
Licensed to Curahealth Stoughton Llc
Composite
61.5
rank score
Distress
72
FY2024
Fit
68
vs thesis
Estimated ticket
$18.5M–$73.9M
88 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- debt above 70% of assets
- occupancy 45-60%
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- bed count in the target band
- ticket size somewhat below the envelope
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $23.0M |
| Operating margin | -16.0% |
| Total margin | -3.6% |
| Days cash on hand | 0 |
| Current ratio | 2.65 |
| Occupancy | 47% |
Facility
| Beds | 88 |
| 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 | 88 | $22.3M | $5.9M | 22.4% | 25.5% | — | -0.39 | 61% | 353 | 17 |
| 2022 | 88 | $18.5M | $-327K | -13.5% | -1.6% | 0 | 0.80 | 52% | 280 | 84 |
| 2023 | 88 | $24.6M | $-1.9M | -15.3% | -7.2% | 0 | 1.23 | 59% | 338 | 72 |
| 2024 | 88 | $23.0M | $-921K | -16.0% | -3.6% | 0 | 2.65 | 47% | 417 | 72 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Curahealth Massachusetts Holdco Llc | 5% or greater direct ownership interest | 100 | 2016-09 | |
| Pam Cubed Llc | 5% or greater indirect ownership interest | 100 | 2022-02 | chain |
| Brittany Misitano | 5% or greater indirect ownership interest | 68 | 2022-02 | |
| Curahealth Property Us Blocker Corp. | 5% or greater indirect ownership interest | 28 | 2022-02 | |
| Pam Health Blocker Purchaser Inc. | 5% or greater indirect ownership interest | 28 | 2022-02 | |
| Anthony Misitano | corporate officer | 2022-02 | ||
| Brittany Misitano | corporate officer | 2022-02 | ||
| Denise Murray | w-2 managing employee | 2026-05 | ||
| Karick Stober | corporate officer | 2022-02 | ||
| Pam Cubed Llc | other | 2024-08 | chain | |
| Wells Fargo Bank, N.a. | 5% or greater security interest | 2024-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.