dealflow
envelope $200M

← Targets

Valir Rehab Hospital

dba Ssm Health Rehabilitation Hospital - Oklahoma City · Oklahoma City, Oklahoma County, OK · CCN 373025
Licensed to Okc Rehabilitation, Llc

Already transacted. CMS recorded an ownership change effective 2024-12-10. Confirm the current owner before spending a call on this.
Composite
22.7
rank score
Distress
73
FY2023
Fit
75
vs thesis
Estimated ticket
$11.4M–$45.5M
50 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
  • current ratio under 1.5
  • margin deteriorating sharply
  • part of a multi-hospital chain — divestiture candidate
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • bed count in the target band
  • small ticket — deploys little of the available capital
  • strong occupancy — good iteration surface
  • for-profit — no charitable conversion review
  • changed ownership 2024-12-10 — likely already transacted

Latest financials · FY2023

Net patient revenue$15.9M
Operating margin -28.9%
Total margin -8.3%
Days cash on hand 21
Current ratio 1.13
Occupancy76%

Facility

Beds50
Facility typeRH
Settingurban
Ownership classfor-profit
Per-bed (low) $228K
Per-bed (high) $910K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 50 $16.4M $2.8M 7.8% 15.5% 120 1.49 77% 1,045 8
2021 50 $15.6M $4.8M -7.6% 22.3% 78 1.84 90% 936 32
2022 50 $16.8M $-17.4K -23.3% -0.1% 29 3.33 78% 965 58
2023 50 $15.9M $-1.6M -28.9% -8.3% 21 1.13 76% 983 73

Owners

OwnerRole%SinceType
Hospital Holdings Corporation
Mechanicsburg, PA
5% or greater direct ownership interest 100 2024-12
Select Medical Corporation
Mechanicsburg, PA
5% or greater indirect ownership interest 100 2024-12 chain
Select Medical Corporation
Mechanicsburg, PA
operational/managerial control 100 2024-12 chain
Select Specialty Hospitals Inc
Mechanicsburg, PA
5% or greater indirect ownership interest 100 2024-12
Ssm Health Care Of Oklahoma, Inc.
Oklahoma City, OK
5% or greater direct ownership interest 49 2024-12
John Duggan corporate officer 2025-09
John Duggan corporate director 2024-12
John Saich corporate officer 2025-09
Michael Malatesta corporate officer 2024-12
Robert Breighner w-2 managing employee 2025-09
Robert Kido corporate officer 2025-09
Stacye Mayo corporate officer 2025-03
Stacye Mayo w-2 managing employee 2025-03
Stacye Mayo operational/managerial control 2025-03
Thomas Mullin corporate officer 2025-09

Ownership changes

DateTypeBuyerSeller
2024-12-10 change of ownership Okc Rehabilitation, Llc Hcap Venture Group Llc

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.

DateBuyerSellerHospitalBeds
2024-12-10 Okc Rehabilitation, Llc Hcap Venture Group Llc Valir Rehab Hospital 50