Ssh - Akron Llc
dba Select Specialty Hospital -Akron ·
Akron, Summit County, OH
· CCN 362027
Licensed to Select Specialty Hospital - Akron Llc
Composite
36.6
rank score
Distress
9
FY2023
Fit
82
vs thesis
Estimated ticket
$18.0M–$72.0M
60 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- current ratio under 1.5
- debt above 70% of assets
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- 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 | $35.2M |
| Operating margin | 7.5% |
| Total margin | 7.9% |
| Days cash on hand | — |
| Current ratio | 1.18 |
| Occupancy | 71% |
Facility
| Beds | 60 |
| 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 | 60 | $31.6M | $1.8M | 13.7% | 5.6% | — | 0.82 | 78% | 691 | 11 |
| 2021 | 60 | $37.5M | $2.7M | 15.7% | 7.2% | — | 1.06 | 80% | 708 | 4 |
| 2022 | 60 | $31.2M | $-679K | -3.1% | -2.2% | — | 1.46 | 73% | 616 | 40 |
| 2023 | 60 | $35.2M | $2.8M | 7.5% | 7.9% | — | 1.18 | 71% | 565 | 9 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Intensiva Healthcare Corporation | 5% or greater indirect ownership interest | 100 | 2023-01 | |
| Select Medical Corporation | 5% or greater indirect ownership interest | 100 | 1999-10 | |
| Select Medical Corporation | operational/managerial control | 100 | 1999-10 | |
| Sempercare, Inc. | 5% or greater indirect ownership interest | 53 | 1999-10 | |
| Select Specialty Hospital - Northeast Ohio Inc | 5% or greater direct ownership interest | 33 | 2019-09 | |
| Akron General Medical Center | 5% or greater direct ownership interest | 5 | 1999-10 | |
| Summa Health | 5% or greater direct ownership interest | 5 | 1999-10 | |
| Dawne Chaney | corporate officer | 2017-11 | ||
| Dawne Chaney | w-2 managing employee | 2017-11 | ||
| Dawne Chaney | operational/managerial control | 2017-11 | ||
| John Duggan | corporate officer | 1999-10 | ||
| 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.
| 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 |