Encompass Health Rehabilitation Hosp
dba Encompass Health Rehabilitation Hospital Of Albuquerque ·
Albuquerque, Bernalillo County, NM
· CCN 323027
Licensed to Encompass Health Rehabilitation Hospital Of Albuquerque, Llc
Composite
56.3
rank score
Distress
49
FY2023
Fit
81
vs thesis
Estimated ticket
$28.3M–$113M
87 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- operating margin negative
- total margin negative
- under 30 days cash on hand
- current liabilities exceed current assets
- 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 | $31.4M |
| Operating margin | -0.8% |
| Total margin | -0.1% |
| Days cash on hand | 0 |
| Current ratio | 0.82 |
| Occupancy | 66% |
Facility
| Beds | 87 |
| 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 | 87 | $22.9M | $-487K | -2.4% | -2.1% | 51 | 2.04 | 55% | 1,338 | 42 |
| 2021 | 87 | $23.3M | $-1.8M | -8.1% | -7.8% | 15 | 1.24 | 61% | 1,435 | 60 |
| 2022 | 87 | $26.9M | $-1.0M | -4.1% | -3.8% | 0 | 0.86 | 64% | 1,499 | 59 |
| 2023 | 87 | $31.4M | $-36.9K | -0.8% | -0.1% | 0 | 0.82 | 66% | 1,635 | 49 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Barclays Bank Plc | 5% or greater security interest | 100 | 2016-01 | |
| Encompass Health Corporation | 5% or greater indirect ownership interest | 100 | 2014-01 | chain |
| Encompass Health Owned Hospitals Holdings Llc | 5% or greater direct ownership interest | 100 | 2014-01 | |
| Vanguard Group Inc | 5% or greater indirect ownership interest | 10 | 2023-12 | |
| Blackrock Inc | 5% or greater indirect ownership interest | 9 | 2023-12 | |
| Wellington Management Company, Llp | 5% or greater indirect ownership interest | 8 | 2023-12 | |
| William Blair Investment Management, Llc | 5% or greater indirect ownership interest | 5 | 2023-12 | |
| Carey Mcrae | corporate officer | 2025-01 | ||
| Encompass Health Corporation | operational/managerial control | 1988-04 | chain | |
| Ladessa Forrest | w-2 managing employee | 2022-11 | ||
| Mark Tarr | operational/managerial control | 2017-01 | ||
| Robert Mccallum | corporate officer | 2024-10 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.