dealflow
envelope $200M

← Targets

Regency Hospital Of Minneapolis Llc

dba Regency Hospital Of Minneapolis · Golden Valley, Hennepin County, MN · CCN 242005
Licensed to Regency Hospital Of Minneapolis, Llc

Composite
35.2
rank score
Distress
12
FY2024
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 · FY2024

Net patient revenue$59.2M
Operating margin 27.8%
Total margin 19.4%
Days cash on hand
Current ratio 3.23
Occupancy66%

Facility

Beds92
Facility typeLTCH
Settingurban
Ownership classfor-profit
Per-bed (low) $300K
Per-bed (high) $1.2M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 92 $60.9M $24.4M 34.8% 35.7% 2.62 69% 675 0
2022 92 $62.9M $15.1M 34.3% 21.8% 3.67 69% 592 0
2023 92 $57.1M $6.9M 25.2% 10.8% 3.15 68% 553 0
2024 92 $59.2M $12.6M 27.8% 19.4% 3.23 66% 516 12

Owners

OwnerRole%SinceType
Intensiva Healthcare Corporation
Mechanicsburg, PA
5% or greater indirect ownership interest 100 2010-09
Regency Hospital Company, Llc
Mechanicsburg, PA
5% or greater indirect ownership interest 100 2010-09
Regency Hospitals Llc
Mechanicsburg, PA
5% or greater direct ownership interest 100 2023-01
Select Medical Corporation
Mechanicsburg, PA
5% or greater indirect ownership interest 100 2010-09
Select Medical Corporation
Mechanicsburg, PA
operational/managerial control 100 2010-09
John Duggan corporate officer 2010-09
John Duggan corporate director 2025-09
John Saich corporate officer 2025-08
Matthew Campbell corporate officer 2026-06
Matthew Campbell w-2 managing employee 2026-06
Matthew Campbell operational/managerial control 2026-06
Michael Malatesta corporate officer 2025-04
Robert Breighner w-2 managing employee 2025-08
Robert Kido corporate officer 2025-08
Thomas Mullin corporate officer 2025-08

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.