Ssh Willingboro
dba Select Specialty Hospital - Willingboro ·
Willingboro, Burlington County, NJ
· CCN 312022
Licensed to Acuity Specialty Hospital, Llc
Composite
37.9
rank score
Distress
21
FY2024
Fit
71
vs thesis
Estimated ticket
$20.7M–$82.8M
69 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- 60-90 days cash on hand
- occupancy 45-60%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- bed count in the target band
- ticket size somewhat below the envelope
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $27.8M |
| Operating margin | 5.2% |
| Total margin | 5.6% |
| Days cash on hand | 84 |
| Current ratio | 2.61 |
| Occupancy | 46% |
Facility
| Beds | 69 |
| 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 | 69 | $29.9M | $3.6M | 11.9% | 12.0% | 43 | 2.15 | 48% | 420 | 19 |
| 2022 | 69 | $25.7M | $-2.2M | -8.7% | -8.7% | 26 | 1.86 | 44% | 364 | 71 |
| 2023 | 69 | $32.9M | $3.0M | 9.2% | 9.2% | 32 | 2.47 | 53% | 366 | 19 |
| 2024 | 69 | $27.8M | $1.6M | 5.2% | 5.6% | 84 | 2.61 | 46% | 342 | 21 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Acuity Healthcare Lp | 5% or greater direct ownership interest | 100 | 2021-10 | |
| Acuity Healthcare Lp | limited partnership interest | 100 | 2021-10 | |
| Select Medical Corporation | 5% or greater indirect ownership interest | 100 | 2021-10 | |
| Select Medical Corporation | operational/managerial control | 100 | 2021-10 | |
| Select Specialty Hospitals Inc | 5% or greater indirect ownership interest | 100 | 2021-10 | |
| Acuity Healthcare Holdings, Inc. | 5% or greater indirect ownership interest | 99 | 2021-10 | |
| Acuity General Partner Llc | 5% or greater indirect ownership interest | 1 | 2021-10 | |
| Joann Mcgovern | corporate officer | 2025-11 | ||
| Joann Mcgovern | w-2 managing employee | 2025-11 | ||
| Joann Mcgovern | operational/managerial control | 2025-11 | ||
| John Duggan | corporate officer | 2021-10 | ||
| John Duggan | corporate director | 2025-09 | ||
| 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 | ||
| Shawn Dilmore | corporate officer | 2023-09 | ||
| Shawn Dilmore | w-2 managing employee | 2023-09 | ||
| Shawn Dilmore | operational/managerial control | 2023-09 | ||
| 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.