Greenwood Regional Rehabilitation Ho
dba Greenwood Regional Rehabilitation Hospital ·
Greenwood, Greenwood County, SC
· CCN 423030
Licensed to Greenwood Regional Rehabilitation Hospital, Llc
Composite
54.6
rank score
Distress
49
FY2023
Fit
65
vs thesis
Estimated ticket
$2.7M–$5.5M
42 beds ·
within envelope
Ownership
for-profit
PE 5y
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- debt above 85% of assets
- margin deteriorating sharply
- PE-owned 5 years — approaching exit window
- rural — cheaper but limited density
- specialty facility — narrower problem scope
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $19.0M |
| Operating margin | 2.2% |
| Total margin | 2.6% |
| Days cash on hand | 0 |
| Current ratio | 0.01 |
| Occupancy | 64% |
Facility
| Beds | 42 |
| Facility type | RH |
| Setting | rural |
| Ownership class | for-profit |
| Per-bed (low) | $65.0K |
| Per-bed (high) | $130K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 42 | $17.9M | $2.6M | 8.2% | 13.6% | 1 | 0.01 | 63% | 893 | 43 |
| 2021 | 42 | $17.2M | $928K | 1.4% | 5.2% | 6 | 0.01 | 61% | 672 | 50 |
| 2022 | 42 | $18.2M | $250K | 0.8% | 1.4% | 2 | 0.01 | 61% | 663 | 53 |
| 2023 | 42 | $19.0M | $491K | 2.2% | 2.6% | 0 | 0.01 | 64% | 659 | 49 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Epoch Acquisition Inc | 5% or greater indirect ownership interest | 100 | 2018-10 | |
| Epoch Midco, Inc | 5% or greater indirect ownership interest | 100 | 2018-10 | |
| Epoch Parent Holdings Llc | 5% or greater indirect ownership interest | 100 | 2018-10 | |
| Epoch Parent Inc | 5% or greater indirect ownership interest | 100 | 2018-10 | |
| Ernest Health Holdings Llc | 5% or greater indirect ownership interest | 100 | 2012-02 | |
| Ernest Health, Inc | 5% or greater direct ownership interest | 100 | 2005-11 | |
| One Equity Partners Vii Lp | 5% or greater indirect ownership interest | 58 | 2018-10 | PE |
| Truist Bank | 5% or greater security interest | 53 | 2025-11 | |
| Mpt Of Greenwood Llc | 5% or greater security interest | 47 | 2012-02 | |
| One Equity Partners Vii-A Lp | 5% or greater indirect ownership interest | 30 | 2018-10 | PE |
| One Equity Partners Vii-B Lp | 5% or greater indirect ownership interest | 12 | 2018-10 | PE |
| Caleb Reed | corporate officer | 2023-06 | ||
| Denise Kann | corporate officer | 2023-06 | ||
| Ernest Health, Inc | other | 2005-11 | ||
| Eudora Cannon | corporate officer | 2023-06 | ||
| Eudora Cannon | other | 2023-06 | ||
| Jacob Socha | corporate officer | 2023-06 | ||
| Kristin Manske | w-2 managing employee | 2013-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.