Encompass Health Rehabilitation Hosp
dba Encompass Health Rehabilitation Hospital Of Las Vegas ·
Las Vegas, Clark County, NV
· CCN 293026
Licensed to Encompass Health Rehabilitation Hospital Of Las Vegas, Llc
Composite
57.4
rank score
Distress
46
FY2023
Fit
87
vs thesis
Estimated ticket
$25.7M–$103M
79 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- operating margin negative
- total margin negative
- 30-60 days cash on hand
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- 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 · FY2023
| Net patient revenue | $31.8M |
| Operating margin | -2.1% |
| Total margin | -1.8% |
| Days cash on hand | 30 |
| Current ratio | 2.77 |
| Occupancy | 67% |
Facility
| Beds | 79 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 79 | $34.4M | $4.3M | 11.9% | 12.3% | 55 | 4.48 | 75% | 1,449 | 17 |
| 2021 | 79 | $37.9M | $5.2M | 13.7% | 13.8% | 75 | 4.48 | 78% | 1,668 | 10 |
| 2022 | 79 | $33.8M | $1.3M | 3.7% | 3.9% | 48 | 3.56 | 75% | 1,528 | 17 |
| 2023 | 79 | $31.8M | $-563K | -2.1% | -1.8% | 30 | 2.77 | 67% | 1,388 | 46 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Encompass Health Corporation | 5% or greater indirect ownership interest | 100 | 1997-10 | chain |
| Encompass Health Owned Hospitals Holdings Llc | 5% or greater direct ownership interest | 100 | 2026-01 | |
| Truist Bank | 5% or greater security interest | 100 | 2026-03 | |
| Vanguard Group Inc | 5% or greater indirect ownership interest | 10 | 2023-12 | |
| Blackrock Inc | 5% or greater indirect ownership interest | 9 | 2023-12 | |
| Carey Mcrae | corporate officer | 2025-01 | ||
| Encompass Health Corporation | operational/managerial control | 1997-10 | chain | |
| Mark Tarr | operational/managerial control | 2017-01 | ||
| Robert Mccallum | corporate officer | 2024-10 | ||
| Tijnau Von Nieda | w-2 managing employee | 2019-08 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.