Ssh -North Knoxville
dba Select Specialty Hospital North Knoxville ·
Powell, Knox County, TN
· CCN 442015
Licensed to Select Specialty Hospital - North Knoxville, Inc.
Composite
40.5
rank score
Distress
16
FY2023
Fit
83
vs thesis
Estimated ticket
$19.5M–$78.0M
65 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- total margin under 2%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- 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 · FY2023
| Net patient revenue | $33.9M |
| Operating margin | 5.5% |
| Total margin | 1.6% |
| Days cash on hand | — |
| Current ratio | 1.50 |
| Occupancy | 85% |
Facility
| Beds | 65 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 68 | $33.8M | $3.7M | 15.2% | 10.7% | — | 0.86 | 89% | 733 | 11 |
| 2021 | 68 | $32.7M | $494K | 6.6% | 1.5% | — | 0.87 | 84% | 680 | 16 |
| 2022 | 65 | $33.7M | $-1.4M | 0.6% | -4.2% | — | 1.77 | 91% | 731 | 24 |
| 2023 | 65 | $33.9M | $549K | 5.5% | 1.6% | — | 1.50 | 85% | 709 | 16 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Intensiva Healthcare Corporation | 5% or greater direct ownership interest | 100 | 1998-12 | |
| Select Medical Corporation | 5% or greater indirect ownership interest | 100 | 1996-12 | |
| Select Medical Corporation | operational/managerial control | 100 | 1996-12 | |
| John Duggan | corporate officer | 1998-02 | ||
| John Duggan | corporate director | 2025-09 | ||
| John Saich | corporate officer | 2025-08 | ||
| Michael Malatesta | corporate officer | 2025-04 | ||
| Robert Breighner | w-2 managing employee | 2025-08 | ||
| Robert Kido | corporate officer | 2025-08 | ||
| Stacey Naughton | corporate officer | 2020-06 | ||
| Stacey Naughton | w-2 managing employee | 2020-06 | ||
| Stacey Naughton | operational/managerial control | 2020-06 | ||
| Steve Plumlee | corporate officer | 2019-10 | ||
| Steve Plumlee | w-2 managing employee | 2019-10 | ||
| Steve Plumlee | operational/managerial control | 2019-10 | ||
| Thomas Mullin | corporate officer | 2025-08 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2018-01-01 | acquisition/merger | Select Specialty Hospital -... | Select Specialty Hospital -... |
Who has been buying in TN
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2025-08-01 | Select Specialty Hospital - Memphis, Inc. | Baptist Memorial Regional... | Baptist Mem Restorative Care Hosp. | 30 |
| 2018-01-01 | Select Specialty Hospital - North... | Select Specialty Hospital - Knoxville, Inc. | Ssh -North Knoxville | 65 |