dealflow
envelope $200M

← Targets

Ssh -Ne Ohio

dba Select Specialty Hospital Northeast Ohio (Canton Campus) · Canton, Stark County, OH · CCN 362016
Licensed to Select Specialty Hospital - Northeast Ohio Inc

Composite
30.1
rank score
Distress
2
FY2024
Fit
72
vs thesis
Estimated ticket
$9.0M–$36.0M
30 beds · within envelope
Ownership
for-profit
LTCH

Why it ranks here

  • occupancy 45-60%
  • 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
  • moderate occupancy
  • for-profit — no charitable conversion review

Latest financials · FY2024

Net patient revenue$14.5M
Operating margin 16.9%
Total margin 20.6%
Days cash on hand
Current ratio 1.57
Occupancy54%

Facility

Beds30
Facility typeLTCH
Settingurban
Ownership classfor-profit
Per-bed (low) $300K
Per-bed (high) $1.2M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 30 $11.8M $544K 11.1% 4.5% 1.01 60% 229 4
2022 30 $11.1M $1.5M 14.8% 12.7% 1.19 50% 210 7
2023 30 $10.6M $-615K 1.3% -5.7% 1.88 45% 202 31
2024 30 $14.5M $3.0M 16.9% 20.6% 1.57 54% 272 2

Owners

OwnerRole%SinceType
Intensiva Healthcare Corporation
Mechanicsburg, PA
5% or greater direct ownership interest 100 1998-12
Select Medical Corporation
Mechanicsburg, PA
5% or greater indirect ownership interest 100 1996-12
Select Medical Corporation
Mechanicsburg, PA
operational/managerial control 100 1996-12
Select Specialty Hospital - Northeast Ohio Inc
Mechanicsburg, PA
5% or greater direct ownership interest 100 2003-10
Deborah Hauritz corporate officer 2023-12
Deborah Hauritz w-2 managing employee 2023-12
Deborah Hauritz operational/managerial control 2023-12
John Duggan corporate officer 2003-10
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
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 OH

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2022-06-14 Select Specialty Hospital - Boardman, Inc. Vibra Hospital Of Mahoning Valley Llc Ssh - Boardman Inc 79
2019-09-30 Pam Specialty Hospital Of Dayton Llc New Lifecare Hospitals Of Dayton Llc Pam Specialty Hospital Of Miamisburg 36
2017-11-01 Select Specialty Hospital -... Regency Hospital Of Cincinnati, Llc Ssh - Cincinnati Inc. 71