Encompass Health Rehabilitation Hosp
dba Encompass Health Rehabilitation Hospital Of Vineland ·
Vineland, Cumberland County, NJ
· CCN 313036
Licensed to Encompass Health Rehabilitation Hospital Of Vineland, Llc
Composite
36.4
rank score
Distress
10
FY2024
Fit
75
vs thesis
Estimated ticket
$13.3M–$53.3M
41 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- 90-150 days cash on hand
- margin deteriorating
- part of a multi-hospital chain — divestiture candidate
- 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 | $27.2M |
| Operating margin | 15.8% |
| Total margin | 18.0% |
| Days cash on hand | 102 |
| Current ratio | 6.92 |
| Occupancy | 97% |
Facility
| Beds | 41 |
| 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 | 41 | $23.5M | $5.0M | 21.2% | 21.4% | 149 | 6.28 | 91% | 1,059 | 4 |
| 2022 | 41 | $24.9M | $4.6M | 18.4% | 18.6% | 115 | 5.94 | 91% | 1,067 | 4 |
| 2023 | 41 | $25.7M | $5.5M | 21.2% | 21.3% | 129 | 7.74 | 93% | 1,097 | 4 |
| 2024 | 41 | $27.2M | $5.0M | 15.8% | 18.0% | 102 | 6.92 | 97% | 1,150 | 10 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Encompass Health Corporation | 5% or greater indirect ownership interest | 100 | 2008-03 | chain |
| Encompass Health Owned Hospitals Holdings Llc | 5% or greater direct ownership interest | 100 | 2008-03 | |
| 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 | operational/managerial control | 2025-01 | ||
| Carey Mcrae | other | 2025-01 | ||
| Encompass Health Corporation | operational/managerial control | 2008-08 | chain | |
| Mark Tarr | operational/managerial control | 2017-01 | ||
| Monica Titus | w-2 managing employee | 2020-07 | ||
| Robert Mccallum | operational/managerial control | 2025-01 | ||
| Robert Mccallum | other | 2025-01 |
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 NJ
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 |
|---|---|---|---|---|
| 2023-02-01 | Lawrence Operator Llc | Morris Hall St Lawrence Inc | Lawrence Rehab Hospital | 60 |
| 2016-11-01 | Kessler Institute For Rehabilitation Inc | 92 Brick Road Operating Company Llc | Marlton Rehab Hospital | 61 |