dealflow
envelope $200M

← Targets

Ascension St.john Rehabilitation Hos

dba Ascension St. John Rehabilitation Hospital Of Owasso, An Affiliate Of · Owasso, Tulsa County, OK · CCN 373039
Licensed to St. John Encompass Health Rehabilitation Hospital, Llc

Composite
63.4
rank score
Distress
70
FY2024
Fit
75
vs thesis
Estimated ticket
$9.1M–$36.4M
40 beds · within envelope
Ownership
for-profit
RH

Why it ranks here

  • operating margin negative
  • total margin negative
  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • part of a multi-hospital chain — divestiture candidate
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • small but workable bed count
  • small ticket — deploys little of the available capital
  • strong occupancy — good iteration surface
  • for-profit — no charitable conversion review

Latest financials · FY2024

Net patient revenue$22.4M
Operating margin -1.7%
Total margin -1.2%
Days cash on hand 0
Current ratio -22.95
Occupancy82%

Facility

Beds40
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
2024 40 $22.4M $-270K -1.7% -1.2% 0 -22.95 82% 1,252 70

Owners

OwnerRole%SinceType
Encompass Health Corporation
Birmingham, AL
5% or greater indirect ownership interest 51 2015-06 chain
Encompass Health Joint Ventures Holdings, Llc
Birmingham, AL
5% or greater indirect ownership interest 51 2015-06
Encompass Health Tulsa Holdings, Llc
Birmingham, AL
5% or greater direct ownership interest 51 2015-06
Ascension Health
Saint Louis, MO
5% or greater indirect ownership interest 49 2015-06
Ascension Health Alliance
Saint Louis, MO
5% or greater indirect ownership interest 49 2015-06
St John Health Systems Inc
Tulsa, OK
5% or greater indirect ownership interest 49 2015-06
Utica Services Inc
Tulsa, OK
5% or greater direct ownership interest 49 2015-06
Vanguard Group Inc
Malvern, PA
5% or greater indirect ownership interest 5 2023-12
Carey Mcrae operational/managerial control 2025-01
Carey Mcrae other 2025-01
Encompass Health Corporation
Birmingham, AL
operational/managerial control 2015-06 chain
Katherine Ramirez w-2 managing employee 2025-09
Mark Tarr operational/managerial control 2017-01
Robert Mccallum operational/managerial control 2025-01
Robert Mccallum other 2025-01

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.

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