Kindred Hospital El Paso
El Paso, El Paso County, TX
· CCN 452079
Licensed to Scci Hospital - El Paso Llc
Composite
63.3
rank score
Distress
74
FY2024
Fit
75
vs thesis
Estimated ticket
$15.1M–$60.5M
72 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio under 1.5
- occupancy 30-45%
- margin deteriorating sharply
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- bed count in the target band
- small ticket — deploys little of the available capital
- thin occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $18.9M |
| Operating margin | -16.4% |
| Total margin | -7.8% |
| Days cash on hand | 0 |
| Current ratio | 1.20 |
| Occupancy | 39% |
Facility
| Beds | 72 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $210K |
| Per-bed (high) | $840K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 72 | $25.0M | $3.1M | 11.9% | 12.3% | 0 | 0.61 | 53% | 589 | 42 |
| 2022 | 72 | $23.8M | $1.7M | 4.9% | 7.0% | 0 | 0.89 | 47% | 498 | 33 |
| 2023 | 72 | $22.5M | $1.1M | 1.9% | 4.6% | 0 | 1.09 | 45% | 441 | 38 |
| 2024 | 72 | $18.9M | $-1.6M | -16.4% | -7.8% | 0 | 1.20 | 39% | 424 | 74 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Kentucky Hospital Holdings Jv Lp | 5% or greater indirect ownership interest | 100 | 2018-07 | |
| Kentucky Hospital Holdings Llc | 5% or greater indirect ownership interest | 100 | 2018-07 | |
| Kentucky Hospital Intermediate Llc | 5% or greater indirect ownership interest | 100 | 2018-07 | |
| Kindred Healthcare Llc | 5% or greater indirect ownership interest | 100 | 1998-03 | |
| Kindred Healthcare Operating Llc | 5% or greater indirect ownership interest | 100 | 1998-02 | |
| Kindred Rehab Hospital Holdings Llc | 5% or greater indirect ownership interest | 100 | 2005-06 | |
| Knight Health Holdings Llc | 5% or greater indirect ownership interest | 100 | 2021-12 | |
| Knight Health Llc | 5% or greater indirect ownership interest | 100 | 2021-12 | |
| Knight Intermediate Holdings Llc | 5% or greater indirect ownership interest | 100 | 2021-12 | |
| Scci Health Services Llc | 5% or greater indirect ownership interest | 100 | 2000-10 | |
| Scci Hospitals Of America Llc | 5% or greater direct ownership interest | 100 | 2000-10 | |
| Triumph Healthcare Holdings Llc | 5% or greater indirect ownership interest | 100 | 2004-08 | |
| Triumph Healthcare Second Holdings Llc | 5% or greater indirect ownership interest | 100 | 2005-08 | |
| Triumph Healthcare Third Holdings Llc | 5% or greater indirect ownership interest | 100 | 2006-07 | |
| America Jones | operational/managerial control | 2017-06 | ||
| Dana Rock | corporate officer | 2024-12 | ||
| Deanna Schiavone | corporate officer | 2022-08 | ||
| Johnetta Traylor | corporate officer | 2024-12 | ||
| Linn Billingsley | corporate officer | 2025-10 | ||
| Michael Bean | corporate officer | 2004-12 | ||
| Scott Graeser | corporate officer | 2022-08 |
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 TX
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 |
|---|---|---|---|---|
| 2026-01-01 | Houston-Amg Specialty Hospital, Inc. | Plaza Specialty Hospital, Llc | Houston Healthcare Specialty Hosp. | 44 |
| 2026-01-01 | Clear Lake-Amg Specialty Hospital, Inc. | Chg Hospital Houston Llc | Vibra Hospital Of Clear Lake | 88 |
| 2024-08-01 | Hhn Tx1 Llc | Kpc Promise Hospital Of Wichita Falls Llc | Kpc Promise Hospital Of Wichita Fall | 31 |
| 2024-05-19 | Amarillo Specialty Hospital | Kpc Promise Hospital Of Amarillo Llc | Kpc Promise Hospital Of Amarillo Llc | 54 |
| 2019-09-30 | Pam Specialty Hospital Of San Antonio Llc | New San Antonio Specialty Hospital, Llc | Pam Spc Hosp Of San Antonio Med Ctr | 62 |
| 2019-09-30 | Lifecare 2.1, Llc | New Lifecare Hospitals Of North Texas, Llc | Lifecare Spec Hosp Of North Texas | 206 |
| 2016-06-28 | Knd Development 68 Llc | Select Specialty Hospital - San Antonio Inc | Kindred Hospital San Antonio Central | 44 |