Inspire Specialty Hospital - Mw City
dba Inspire Specialty Hospital ·
Midwest City, Oklahoma County, OK
· CCN 372012
Licensed to Landmark Of Midwest City Specialty Hospital, Llc
Composite
40.4
rank score
Distress
32
FY2023
Fit
65
vs thesis
Estimated ticket
$9.3M–$37.2M
31 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- under 30 days cash on hand
- 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 | $9.5M |
| Operating margin | 4.6% |
| Total margin | 4.6% |
| Days cash on hand | 0 |
| Current ratio | 2.59 |
| Occupancy | 54% |
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 | 31 | $9.6M | $2.5M | 14.5% | 23.6% | 0 | -3.12 | 54% | 244 | 38 |
| 2021 | 31 | $10.5M | $-1.9K | -0.0% | -0.0% | 0 | -21.68 | 55% | 235 | 61 |
| 2022 | 31 | $9.0M | $-30.2K | -0.8% | -0.3% | 0 | 3.25 | 50% | 202 | 48 |
| 2023 | 31 | $9.5M | $443K | 4.6% | 4.6% | 0 | 2.59 | 54% | 189 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| A&m Healthcare Investments Llc | 5% or greater direct ownership interest | 100 | 2017-10 | |
| Joseph Meisels | 5% or greater indirect ownership interest | 23 | 2017-09 | |
| Bobby Snyder | w-2 managing employee | 2017-09 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2017-09-01 | change of ownership | Landmark Of Midwest City... | Specialty Hospital Of Midwest... |
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 |