Ssh - Gulf Coast
dba Select Specialty Hospital - Gulf Coast ·
Gulfport, Harrison County, MS
· CCN 252005
Licensed to Select Specialty Hospital - Gulf Coast Inc
Composite
54.2
rank score
Distress
60
FY2023
Fit
68
vs thesis
Estimated ticket
$9.2M–$36.7M
36 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin negative
- total margin -8% to -3%
- current ratio under 1.5
- liabilities exceed assets
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- small but workable bed count
- 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 | $20.4M |
| Operating margin | -0.6% |
| Total margin | -3.3% |
| Days cash on hand | — |
| Current ratio | 1.32 |
| Occupancy | 90% |
Facility
| Beds | 36 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $255K |
| Per-bed (high) | $1.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 61 | $19.8M | $1.3M | -0.4% | 6.0% | — | 0.89 | 57% | 392 | 34 |
| 2021 | 45 | $19.5M | $1.5M | 0.5% | 6.7% | — | 1.26 | 70% | 387 | 19 |
| 2022 | 36 | $19.2M | $-4.0M | -14.9% | -21.2% | — | 2.22 | 87% | 351 | 71 |
| 2023 | 36 | $20.4M | $-677K | -0.6% | -3.3% | — | 1.32 | 90% | 381 | 60 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Select Medical Corporation | 5% or greater direct ownership interest | 100 | 2000-01 | |
| Select Medical Corporation | operational/managerial control | 100 | 2000-01 | |
| John Duggan | corporate officer | 2000-01 | ||
| John Duggan | corporate director | 2025-09 | ||
| John O'keefe | corporate officer | 2010-09 | ||
| John O'keefe | corporate director | 2010-09 | ||
| John O'keefe | w-2 managing employee | 2010-09 | ||
| John Saich | corporate officer | 2025-09 | ||
| 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.