Magee Rehabilitation Hospital
dba Magee Memorial Hospital For Convalescents ·
Philadelphia, Philadelphia County, PA
· CCN 393038
Licensed to Magee Rehabilitation Hospital
Composite
53.7
rank score
Distress
46
FY2024
Fit
82
vs thesis
Estimated ticket
$27.0M–$108M
83 beds ·
within envelope
Ownership
nonprofit
RH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- margin deteriorating sharply
- 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
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $66.7M |
| Operating margin | -18.4% |
| Total margin | -4.3% |
| Days cash on hand | 167 |
| Current ratio | 6.08 |
| Occupancy | 89% |
Facility
| Beds | 83 |
| Facility type | RH |
| Setting | urban |
| Ownership class | nonprofit |
| 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 | 83 | $73.7M | $5.6M | -4.0% | 6.7% | 481 | 12.69 | 90% | 1,086 | 16 |
| 2022 | 83 | $67.2M | $-3.9M | -13.8% | -5.4% | 204 | 7.75 | 86% | 1,002 | 40 |
| 2023 | 83 | $62.0M | $-10.7M | -30.9% | -15.2% | 142 | 6.97 | 87% | 1,003 | 49 |
| 2024 | 83 | $66.7M | $-3.3M | -18.4% | -4.3% | 167 | 6.08 | 89% | 1,142 | 46 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Jefferson Health Corporation | 5% or greater direct ownership interest | 100 | 2024-06 | |
| Thomas Jefferson University | 5% or greater indirect ownership interest | 100 | 2014-07 | |
| Alberto Esquenazi | corporate officer | 2023-07 | ||
| Alfred Dangelo | corporate officer | 2022-07 | ||
| Cristina Cavalieri | corporate officer | 2022-07 | ||
| Dixieanne James | corporate officer | 2023-01 | ||
| Dixieanne James | w-2 managing employee | 2023-01 | ||
| Kristin Barrett | corporate officer | 2022-07 | ||
| Robert Thomas | corporate officer | 2025-07 | ||
| Thomas Brown | corporate officer | 2022-07 | ||
| Walter Wyatt | corporate officer | 2025-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.