Ssh - Sioux Falls Inc
dba Select Specialty Hospital - South Dakota ·
Sioux Falls, Minnehaha County, SD
· CCN 432002
Licensed to Select Specialty Hospital - Sioux Falls Inc
Composite
27.8
rank score
Distress
8
FY2024
Fit
61
vs thesis
Estimated ticket
$7.2M–$28.8M
24 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- margin deteriorating
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- very small facility
- 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 | $16.6M |
| Operating margin | 26.5% |
| Total margin | 17.8% |
| Days cash on hand | — |
| Current ratio | 2.69 |
| Occupancy | 81% |
Facility
| Beds | 24 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $300K |
| Per-bed (high) | $1.2M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 24 | $14.2M | $3.0M | 29.5% | 20.3% | — | 1.61 | 79% | 225 | 0 |
| 2022 | 24 | $13.9M | $358K | 17.9% | 2.6% | — | 3.02 | 76% | 249 | 0 |
| 2023 | 24 | $13.6M | $1.5M | 16.4% | 11.2% | — | 3.07 | 73% | 226 | 0 |
| 2024 | 24 | $16.6M | $3.0M | 26.5% | 17.8% | — | 2.69 | 81% | 235 | 8 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Intensiva Healthcare Corporation | 5% or greater direct ownership interest | 100 | 2010-12 | |
| Select Medical Corporation | 5% or greater indirect ownership interest | 100 | 2010-12 | |
| Select Medical Corporation | operational/managerial control | 100 | 2010-12 | |
| John Duggan | corporate officer | 2002-01 | ||
| John Duggan | corporate director | 2025-09 | ||
| John Saich | corporate officer | 2025-09 | ||
| Michael Malatesta | corporate officer | 2025-04 | ||
| Omar Josh Greeman | corporate officer | 2025-10 | ||
| Omar Josh Greeman | operational/managerial control | 2025-10 | ||
| Robert Breighner | w-2 managing employee | 2025-09 | ||
| Robert Kido | corporate officer | 2025-09 | ||
| Thomas Mullin | corporate officer | 2025-09 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.