The Rehabilitation Institute Of St.
dba The Rehabilitation Institute Of St. Louis, An Affiliation Of Bjc Healt ·
St Louis, St Louis County, MO
· CCN 263028
Licensed to The Rehabilitation Institute Of St. Louis, Llc
Composite
61.6
rank score
Distress
56
FY2024
Fit
91
vs thesis
Estimated ticket
$48.6M–$194M
176 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- 30-60 days cash on hand
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $55.4M |
| Operating margin | -8.7% |
| Total margin | -5.3% |
| Days cash on hand | 45 |
| Current ratio | 2.47 |
| Occupancy | 70% |
Facility
| Beds | 176 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $276K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 131 | $49.5M | $4.6M | 0.6% | 8.6% | 41 | 2.95 | 78% | 2,614 | 23 |
| 2022 | 136 | $44.7M | $1.1M | -9.0% | 2.2% | 47 | 2.93 | 71% | 2,470 | 39 |
| 2023 | 136 | $51.8M | $997K | -3.2% | 1.8% | 10 | 1.48 | 71% | 2,580 | 44 |
| 2024 | 176 | $55.4M | $-3.0M | -8.7% | -5.3% | 45 | 2.47 | 70% | 2,640 | 56 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bjc Health System | 5% or greater direct ownership interest | 50 | 2023-01 | |
| Encompass Health Corporation | 5% or greater direct ownership interest | 50 | 1998-11 | |
| Blackrock Inc | 5% or greater indirect ownership interest | 6 | 2022-12 | |
| Carey Mcrae | corporate officer | 2025-01 | ||
| Douglas Coltharp | corporate officer | 2011-08 | ||
| Jeffrey Reese | w-2 managing employee | 2023-08 | ||
| Mark Tarr | operational/managerial control | 2017-01 | ||
| Robert Mccallum | corporate officer | 2024-10 | ||
| Shivani Bass | w-2 managing employee | 2021-12 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.