Vanderbilt Stallworth Rehabilitation
dba Vanderbilt Stallworth Rehabilitation Hospital ·
Nashville, Davidson County, TN
· CCN 443028
Licensed to Vanderbilt Stallworth Rehabilitation Hospital Lp
Composite
67.3
rank score
Distress
68
FY2024
Fit
87
vs thesis
Estimated ticket
$22.1M–$88.4M
80 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- occupancy 45-60%
- margin deteriorating
- 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
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $23.1M |
| Operating margin | -14.7% |
| Total margin | -11.6% |
| Days cash on hand | 15 |
| Current ratio | 1.97 |
| Occupancy | 56% |
Facility
| Beds | 80 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $276K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 80 | $22.1M | $-1.5M | -8.9% | -6.9% | 16 | 2.00 | 60% | 1,274 | 59 |
| 2022 | 80 | $20.9M | $-2.3M | -13.9% | -10.9% | 8 | 1.37 | 56% | 1,188 | 72 |
| 2023 | 80 | $21.3M | $-4.4M | -23.4% | -20.2% | 0 | 1.13 | 56% | 1,247 | 72 |
| 2024 | 80 | $23.1M | $-2.8M | -14.7% | -11.6% | 15 | 1.97 | 56% | 1,257 | 68 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Encompass Health Corporation | general partnership interest | 50 | 1991-06 | chain |
| Vanderbilt University Medical Center | limited partnership interest | 49 | 2016-04 | |
| Vanguard Group Inc | 5% or greater indirect ownership interest | 10 | 2024-12 | |
| Vanderbilt Health Services Llc | general partnership interest | 1 | 2022-03 | |
| Carey Mcrae | operational/managerial control | 2025-01 | ||
| Carey Mcrae | other | 2025-01 | ||
| Encompass Health Corporation | operational/managerial control | 1995-06 | chain | |
| Mark Tarr | operational/managerial control | 2017-01 | ||
| Robert Mccallum | operational/managerial control | 2024-10 | ||
| Robert Mccallum | other | 2024-10 | ||
| Scott Peterson | w-2 managing employee | 2024-06 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
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 |
|---|---|---|---|---|
| 2017-07-01 | West Tennessee Rehabilitation Hospital, Llc | Rebound Llc | West Tennessee Healthcare Rehabilita | 40 |