Ssh - Youngstown
Youngstown, Mahoning County, OH · CCN 362024
Composite
35.8
rank score
Distress
15
FY2023
Fit
72
vs thesis
Estimated ticket
$9.3M–$37.2M
31 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- occupancy 45-60%
- 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
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $12.6M |
| Operating margin | 9.1% |
| Total margin | 3.3% |
| Days cash on hand | — |
| Current ratio | 2.03 |
| Occupancy | 56% |
Facility
| Beds | 31 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 61 | $27.1M | $4.8M | 18.2% | 16.9% | — | 0.27 | 69% | 630 | 17 |
| 2021 | 55 | $29.3M | $3.5M | 19.1% | 11.6% | — | 0.90 | 77% | 636 | 11 |
| 2022 | 42 | $19.6M | $-1.5M | 5.8% | -7.6% | — | 1.10 | 69% | 465 | 20 |
| 2023 | 31 | $12.6M | $413K | 9.1% | 3.3% | — | 2.03 | 56% | 236 | 15 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 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 |