Encompass Health Rehabilitation Hosp
dba Encompass Health Rehabilitation Hospital, A Partner Of Memorial Hospit ·
Gulfport, Harrison County, MS
· CCN 253027
Licensed to Encompass Health Rehabilitation Hospital Of Gulfport Llc
Composite
31.8
rank score
Distress
4
FY2024
Fit
75
vs thesis
Estimated ticket
$14.0M–$55.9M
43 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- 90-150 days cash on hand
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- 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 · FY2024
| Net patient revenue | $28.4M |
| Operating margin | 28.3% |
| Total margin | 33.2% |
| Days cash on hand | 150 |
| Current ratio | 3.45 |
| Occupancy | 100% |
Facility
| Beds | 43 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $325K |
| Per-bed (high) | $1.3M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 43 | $23.3M | $7.3M | 31.2% | 31.3% | 146 | 1.75 | 95% | 1,142 | 4 |
| 2022 | 43 | $25.6M | $9.7M | 23.1% | 33.0% | 55 | 2.94 | 99% | 1,288 | 17 |
| 2023 | 43 | $27.7M | $9.2M | 29.9% | 32.1% | 50 | 2.96 | 99% | 1,347 | 17 |
| 2024 | 43 | $28.4M | $10.1M | 28.3% | 33.2% | 150 | 3.45 | 100% | 1,378 | 4 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Encompass Health Corporation | 5% or greater indirect ownership interest | 80 | 2017-04 | |
| Encompass Health Gulfport Holdings Llc | 5% or greater direct ownership interest | 80 | 2017-04 | |
| Encompass Health Joint Ventures Holdings, Llc | 5% or greater indirect ownership interest | 80 | 2017-04 | |
| Memorial Hospital At Gulfport | 5% or greater indirect ownership interest | 20 | 2016-11 | |
| Memorial Properties Inc | 5% or greater direct ownership interest | 20 | 2017-04 | |
| Vanguard Group Inc | 5% or greater indirect ownership interest | 8 | 2023-12 | |
| Blackrock Inc | 5% or greater indirect ownership interest | 7 | 2023-12 | |
| Wellington Management Company, Llp | 5% or greater indirect ownership interest | 7 | 2023-12 | |
| Douglas Coltharp | corporate officer | 2017-04 | ||
| Mark Studdard | w-2 managing employee | 2021-07 | ||
| Mark Tarr | operational/managerial control | 2017-04 | ||
| Robert Wisner | corporate officer | 2017-04 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.