Liberty Rehabilitation Hospital
Liberty Township, OH
· CCN 363045
Licensed to Crh Of Cincinnati Llc
Already transacted. CMS recorded an ownership change effective
2023-03-01. Confirm the current owner before spending a call on this.
Composite
22.2
rank score
Distress
75
FY2023
Fit
74
vs thesis
Estimated ticket
$8.2M–$32.8M
36 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- liabilities exceed assets
- occupancy 30-45%
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- small but workable bed count
- small ticket — deploys little of the available capital
- thin occupancy
- for-profit — no charitable conversion review
- changed ownership 2023-03-01 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $6.1M |
| Operating margin | -42.0% |
| Total margin | -41.8% |
| Days cash on hand | 11 |
| Current ratio | 1.76 |
| Occupancy | 32% |
Facility
| Beds | 36 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $228K |
| Per-bed (high) | $910K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 36 | $2.7M | $-3.8M | -139.0% | -139.0% | 0 | 0.87 | 26% | 166 | 96 |
| 2023 | 36 | $6.1M | $-2.5M | -42.0% | -41.8% | 11 | 1.76 | 32% | 342 | 75 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Centerre Healthcare Llc | 5% or greater direct ownership interest | 100 | 2023-03 | |
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 100 | 2023-03 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 100 | 2023-03 | |
| Lifepoint Rehab Blocker Llc | 5% or greater indirect ownership interest | 100 | 2023-03 | |
| Lifepoint Rehab Blocker Parent Llc | 5% or greater indirect ownership interest | 100 | 2023-03 | |
| Lifepoint Rehab Llc | 5% or greater indirect ownership interest | 100 | 2023-03 | |
| Charlotte Lawrence | corporate officer | 2023-03 | ||
| Christopher Monte | corporate officer | 2023-03 | ||
| John Grooms | corporate officer | 2023-03 | ||
| Joseph Fuller | corporate officer | 2023-03 | ||
| Marcus Poppell | operational/managerial control | 2023-03 | ||
| Martin Mann | corporate officer | 2023-03 | ||
| Pamela Goettel | w-2 managing employee | 2023-03 | ||
| Russell Bailey | corporate officer | 2023-03 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2023-03-01 | change of ownership | Crh Of Cincinnati Llc | Everest Rehabilitation... |
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 |
|---|---|---|---|---|
| 2024-10-30 | Insight Foundation Of Hillside | Steward Hillside Rehabilitation... | Hillside Hospital | 65 |
| 2023-03-28 | Ohrh, Llc | Dublin Rehabilitation Hospital, Llc | Ohiohealth Rehabilitation Hospital | 114 |
| 2023-03-01 | Crh Of Cincinnati Llc | Everest Rehabilitation Hospital... | Liberty Rehabilitation Hospital | 36 |