Ssh - Macomb County Inc.
dba Select Specialty Hospital Macomb County ·
Mount Clemens, Macomb County, MI
· CCN 232023
Licensed to Select Specialty Hospital - Macomb County Inc
Composite
35.2
rank score
Distress
12
FY2023
Fit
74
vs thesis
Estimated ticket
$27.6M–$110M
92 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- 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 somewhat below the envelope
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $61.0M |
| Operating margin | 10.7% |
| Total margin | 3.0% |
| Days cash on hand | — |
| Current ratio | 1.52 |
| Occupancy | 82% |
Facility
| Beds | 92 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $300K |
| Per-bed (high) | $1.2M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 109 | $58.5M | $7.6M | 16.3% | 12.4% | — | 0.34 | 75% | 1,077 | 17 |
| 2021 | 114 | $56.6M | $2.8M | 8.0% | 4.6% | — | 0.84 | 89% | 970 | 11 |
| 2022 | 114 | $59.7M | $13.0M | 13.5% | 19.0% | — | 1.34 | 71% | 938 | 4 |
| 2023 | 92 | $61.0M | $1.8M | 10.7% | 3.0% | — | 1.52 | 82% | 935 | 12 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Intensiva Healthcare Corporation | 5% or greater direct ownership interest | 100 | 2010-12 | |
| Select Medical Corporation | operational/managerial control | 100 | 2010-12 | |
| Christina Deblouw | corporate officer | 2026-06 | ||
| Christina Deblouw | w-2 managing employee | 2026-06 | ||
| Christina Deblouw | operational/managerial control | 2026-06 | ||
| John Duggan | corporate officer | 2010-12 | ||
| John Duggan | corporate director | 2025-09 | ||
| John Saich | corporate officer | 2025-09 | ||
| Jon O'malley | corporate officer | 2011-01 | ||
| Jon O'malley | w-2 managing employee | 2011-01 | ||
| Jon O'malley | operational/managerial control | 2011-01 | ||
| 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 | ||
| Zaahra Butt | corporate officer | 2021-01 | ||
| Zaahra Butt | w-2 managing employee | 2021-01 | ||
| Zaahra Butt | operational/managerial control | 2021-01 |
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 MI
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 |
|---|---|---|---|---|
| 2018-05-01 | Select Specialty - Downriver Llc | Select Specialty Hospital -... | Ssh - Wyandotte | 71 |
| 2017-08-01 | Special Care Hospital, Llc | Spectrum Health Kent Community Campus | Ssh - Spectrum Health | 36 |