Pam Specialty Hosp. Of Rocky Mount
Rocky Mount, Nash County, NC
· CCN 342013
Licensed to Pam Specialty Hospital Of Rocky Mount Llc
Composite
43.8
rank score
Distress
30
FY2024
Fit
71
vs thesis
Estimated ticket
$15.0M–$60.0M
50 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- under 30 days cash on hand
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- bed count in the target band
- 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 | $23.5M |
| Operating margin | 8.7% |
| Total margin | 9.5% |
| Days cash on hand | 0 |
| Current ratio | 3.94 |
| Occupancy | 64% |
Facility
| Beds | 50 |
| 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 | 50 | $26.6M | $4.9M | 13.3% | 17.4% | 15 | 1.23 | 78% | 525 | 26 |
| 2022 | 50 | $25.1M | $2.9M | 10.1% | 11.5% | 4 | 2.71 | 70% | 412 | 22 |
| 2023 | 50 | $27.1M | $4.5M | 16.1% | 16.5% | 4 | 3.28 | 71% | 369 | 22 |
| 2024 | 50 | $23.5M | $2.3M | 8.7% | 9.5% | 0 | 3.94 | 64% | 326 | 30 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Pam Cubed Llc | 5% or greater indirect ownership interest | 100 | 2019-09 | chain |
| Pam Cubed Specialty Hospitals Llc | 5% or greater direct ownership interest | 100 | 2019-09 | |
| Brittany Misitano | 5% or greater indirect ownership interest | 74 | 2019-09 | |
| Anthony Misitano | corporate officer | 2019-08 | ||
| Brittany Misitano | corporate officer | 2019-08 | ||
| Karick Stober | corporate officer | 2019-08 | ||
| Robyn Perkerson | w-2 managing employee | 2019-09 | ||
| Wells Fargo Bank, N.a. | 5% or greater security interest | 2024-07 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2019-09-30 | change of ownership | Pam Specialty Hospital Of... | New Lifecare Hospitals Of... |
Who has been buying in NC
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 Rocky Mount Llc | New Lifecare Hospitals Of North... | Pam Specialty Hosp. Of Rocky Mount | 50 |