Encompass Health Rehabilitation Hosp
dba Encompass Health Rehabilitation Hospital Of Mechanicsburg ·
Mechanicsburg, Cumberland County, PA
· CCN 393031
Licensed to Encompass Health Rehabilitation Hospital Of Mechanicsburg, Llc
Composite
37.9
rank score
Distress
4
FY2024
Fit
86
vs thesis
Estimated ticket
$24.4M–$97.5M
75 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- 90-150 days cash on hand
- 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
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $37.6M |
| Operating margin | 13.8% |
| Total margin | 15.5% |
| Days cash on hand | 134 |
| Current ratio | 4.55 |
| Occupancy | 78% |
Facility
| Beds | 75 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $325K |
| Per-bed (high) | $1.3M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 75 | $29.0M | $2.7M | 6.5% | 9.1% | 115 | 3.97 | 67% | 1,399 | 4 |
| 2022 | 75 | $33.3M | $3.7M | 8.2% | 10.7% | 105 | 4.47 | 75% | 1,551 | 4 |
| 2023 | 75 | $35.8M | $5.8M | 15.4% | 16.1% | 116 | 4.75 | 75% | 1,628 | 4 |
| 2024 | 75 | $37.6M | $6.0M | 13.8% | 15.5% | 134 | 4.55 | 78% | 1,729 | 4 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Encompass Health Corporation | 5% or greater direct ownership interest | 100 | 1993-12 | chain |
| Truist Bank | 5% or greater security interest | 100 | 2026-03 | |
| Vanguard Group Inc | 5% or greater indirect ownership interest | 10 | 2023-12 | |
| Blackrock Inc | 5% or greater indirect ownership interest | 9 | 2023-12 | |
| Carey Mcrae | corporate officer | 2025-01 | ||
| Encompass Health Corporation | operational/managerial control | 1993-12 | chain | |
| Kristen Turner | w-2 managing employee | 2022-09 | ||
| Mark Tarr | operational/managerial control | 2017-01 | ||
| Robert Mccallum | corporate officer | 2025-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.