dealflow
envelope $200M

← Targets

Allied Services Rehab Hospital

Scranton, PA · CCN 393030
Licensed to Allied Services Institute Of Rehabilitation Medicine

Composite
61.4
rank score
Distress
71
FY2024
Fit
74
vs thesis
Estimated ticket
$11.4M–$45.5M
50 beds · within envelope
Ownership
nonprofit
RH

Why it ranks here

  • operating margin -10% to -5%
  • total margin negative
  • under 30 days cash on hand
  • current ratio below 0.8
  • occupancy 45-60%
  • margin deteriorating sharply
  • 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
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$27.6M
Operating margin -9.1%
Total margin -1.9%
Days cash on hand 0
Current ratio -1.41
Occupancy52%

Facility

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

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 50 $25.9M $5.5M -17.9% 15.3% 495 5.58 52% 720 30
2022 50 $24.7M $-5.3M -23.8% -17.4% 362 7.94 49% 649 47
2023 50 $26.6M $209K -18.1% 0.7% 356 9.41 49% 673 33
2024 50 $27.6M $-557K -9.1% -1.9% 0 -1.41 52% 736 71

Owners

OwnerRole%SinceType
Allied Health Care Services
Clarks Summit, PA
operational/managerial control 100 2004-09
Allied Services Foundation
Clarks Summit, PA
operational/managerial control 100 2004-09
Allied Services Institute Of Rehabilitation Medicine
Scranton, PA
operational/managerial control 100 1984-06
Karen Kearney w-2 managing employee 50 2014-01
Christina Mueller corporate director 10 2020-01
Jay Brislin corporate director 10 2021-01
Jill Murray corporate director 10 2020-01
Richard Weinberger corporate director 10 2019-01
Sandra Krokos corporate director 10 2021-01
Sherry Davidowitz corporate director 10 2021-01
Thomas Melone corporate director 10 2021-01
Douglas Boyle corporate director 2012-01
Gerald Franceski corporate director 2012-01
Karen Kearney corporate officer 2014-01
Kenneth Krogulski corporate director 2012-01
Louis Denaples corporate director 2012-01
Michael Avvisato corporate officer 2000-11
William Conaboy corporate director 2005-03
William Scranton corporate director 2012-01

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.