Ssh - Tulsa / Midtown Llc
dba Select Specialty Hospital Tulsa Midtown ·
Tulsa, Tulsa County, OK
· CCN 372007
Licensed to Select Specialty Hospital - Tulsa Midtown Llc
Composite
53.0
rank score
Distress
60
FY2024
Fit
65
vs thesis
Estimated ticket
$11.7M–$46.9M
46 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- current ratio under 1.5
- occupancy 45-60%
- margin slipping
- 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 | $17.0M |
| Operating margin | -14.0% |
| Total margin | -15.9% |
| Days cash on hand | — |
| Current ratio | 1.22 |
| Occupancy | 54% |
Facility
| Beds | 46 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $255K |
| Per-bed (high) | $1.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 50 | $14.8M | $-2.3M | -9.8% | -15.1% | — | 0.56 | 48% | 325 | 70 |
| 2022 | 46 | — | $-19.8M | — | — | — | 0.76 | 51% | 347 | 47 |
| 2023 | 46 | $18.5M | $-1.3M | -6.4% | -7.3% | — | 1.77 | 53% | 307 | 47 |
| 2024 | 46 | $17.0M | $-2.7M | -14.0% | -15.9% | — | 1.22 | 54% | 324 | 60 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Hospital Holdings Corporation | 5% or greater indirect ownership interest | 100 | 2008-09 | |
| Select Medical Corporation | 5% or greater indirect ownership interest | 100 | 2008-09 | |
| Select Medical Corporation | operational/managerial control | 100 | 2008-09 | |
| Select Specialty Hospital - Tulsa, Inc. | 5% or greater direct ownership interest | 100 | 2008-09 | |
| Select Specialty Hospitals Inc | 5% or greater indirect ownership interest | 100 | 2008-09 | |
| John Duggan | corporate officer | 2008-09 | ||
| John Duggan | corporate director | 2025-09 | ||
| John Saich | corporate officer | 2025-09 | ||
| Kaytie Willis | corporate officer | 2024-09 | ||
| Kaytie Willis | w-2 managing employee | 2024-09 | ||
| Kaytie Willis | operational/managerial control | 2024-09 | ||
| Michael Malatesta | corporate officer | 2025-06 | ||
| Robert Breighner | w-2 managing employee | 2025-09 | ||
| Robert Kido | corporate officer | 2025-09 | ||
| Susan Daniels | corporate officer | 2023-09 | ||
| Susan Daniels | w-2 managing employee | 2023-09 | ||
| Susan Daniels | operational/managerial control | 2023-09 | ||
| Thomas Mullin | corporate officer | 2025-06 |
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 OK
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 |
|---|---|---|---|---|
| 2017-09-01 | Landmark Of Midwest City Specialty... | Specialty Hospital Of Midwest City... | Inspire Specialty Hospital - Mw City | 31 |