Ssh -Greensboro
dba Select Specialty Hospital Greensboro At The Moses H Cone Memorial Hosp ·
Greensboro, Guilford County, NC
· CCN 342020
Licensed to Select Specialty Hospital - Greensboro Inc
Composite
34.0
rank score
Distress
12
FY2024
Fit
71
vs thesis
Estimated ticket
$9.0M–$36.0M
30 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- 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 | $19.0M |
| Operating margin | 4.0% |
| Total margin | 6.8% |
| Days cash on hand | — |
| Current ratio | 2.42 |
| Occupancy | 93% |
Facility
| Beds | 30 |
| 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 | 30 | $17.3M | $3.2M | 9.0% | 14.9% | — | 0.77 | 96% | 365 | 17 |
| 2022 | 30 | $15.9M | $-1.7M | -16.1% | -9.1% | — | 1.36 | 91% | 300 | 61 |
| 2023 | 30 | $15.6M | $-1.4M | -16.1% | -7.9% | — | 1.69 | 90% | 291 | 51 |
| 2024 | 30 | $19.0M | $1.3M | 4.0% | 6.8% | — | 2.42 | 93% | 234 | 12 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brad Jordan | corporate officer | 2023-06 | ||
| Brad Jordan | w-2 managing employee | 2023-06 | ||
| Brad Jordan | operational/managerial control | 2023-06 | ||
| John Duggan | corporate officer | 2009-07 | ||
| 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 | ||
| Select Medical Corporation | 5% or greater direct ownership interest | 2009-07 | ||
| Select Specialty Hospitals Inc | 5% or greater direct ownership interest | 2009-07 | ||
| 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.
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 |