Las Vegas Amg Specialty Hospital
dba Las Vegas - Amg Specialty Hospital ·
Las Vegas, Clark County, NV
· CCN 292007
Licensed to Las Vegas - Amg Specialty Hospital Llc
Composite
35.5
rank score
Distress
22
FY2024
Fit
64
vs thesis
Estimated ticket
$7.2M–$28.8M
24 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- under 30 days cash on hand
- occupancy 45-60%
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- very small facility
- small ticket — deploys little of the available capital
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $10.9M |
| Operating margin | 18.0% |
| Total margin | 19.7% |
| Days cash on hand | 0 |
| Current ratio | 3.33 |
| Occupancy | 47% |
Facility
| Beds | 24 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 24 | $9.8M | $1.8M | 18.5% | 18.3% | 0 | 2.59 | 48% | 172 | 24 |
| 2022 | 24 | $10.2M | $1.6M | 14.9% | 15.3% | 0 | 2.60 | 44% | 157 | 28 |
| 2023 | 24 | $8.7M | $377K | 4.4% | 4.4% | 0 | 2.82 | 39% | 132 | 28 |
| 2024 | 24 | $10.9M | $2.2M | 18.0% | 19.7% | 0 | 3.33 | 47% | 155 | 22 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Amg 2 0 Holdco Inc | 5% or greater indirect ownership interest | 100 | 2019-12 | |
| Amg 2 0 Llc | 5% or greater direct ownership interest | 100 | 2018-05 | |
| Amg Employee Stock Ownership Plan | 5% or greater indirect ownership interest | 100 | 2019-12 | |
| August Rantz | corporate officer | 100 | 2015-05 | |
| August Rantz | corporate director | 100 | 2019-12 | |
| August Rantz | operational/managerial control | 100 | 2015-05 | |
| Timothy Howard | corporate officer | 100 | 2015-05 | |
| Timothy Howard | corporate director | 100 | 2019-12 | |
| Timothy Howard | operational/managerial control | 100 | 2015-05 | |
| Vicki Davis | w-2 managing employee | 50 | 2024-05 | |
| Jessica Mcgee | operational/managerial control | 25 | 2016-04 | |
| Jessica Mcgee | corporate officer | 2015-05 |
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 NV
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 |
|---|---|---|---|---|
| 2019-09-30 | Pam Specialty Hospital Of Reno Llc | New Lifecare Hospitals Of Northern... | Pam Specialty Hospital Of Reno | 21 |
| 2019-09-30 | Pam Specialty Hospital Of Las Vegas Llc | New Lifecare Hospital At Tenaya Llc | Pam Specialty Hospital Of Las Vegas | 70 |