Pam Squared At Beaumont
dba Pam Rehabilitation Hospital Of Beaumont ·
Beaumont, Jefferson County, TX
· CCN 453048
Licensed to Pam Squared At Beaumont Llc
Composite
54.1
rank score
Distress
42
FY2023
Fit
88
vs thesis
Estimated ticket
$19.8M–$79.3M
61 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- under 30 days cash on hand
- debt above 85% of assets
- occupancy 30-45%
- margin deteriorating sharply
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- thin occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $15.8M |
| Operating margin | 6.8% |
| Total margin | 6.8% |
| Days cash on hand | 1 |
| Current ratio | 1.52 |
| Occupancy | 36% |
Facility
| Beds | 61 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $325K |
| Per-bed (high) | $1.3M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 61 | $15.4M | $3.0M | 17.0% | 18.8% | 0 | 0.63 | 39% | 752 | 52 |
| 2021 | 61 | $15.3M | $2.3M | 5.3% | 13.6% | 0 | -0.36 | 37% | 690 | 41 |
| 2022 | 61 | $13.0M | $-591K | -5.9% | -4.5% | 0 | 1.33 | 32% | 580 | 73 |
| 2023 | 61 | $15.8M | $1.1M | 6.8% | 6.8% | 1 | 1.52 | 36% | 632 | 42 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Pam Squared, Llc | 5% or greater direct ownership interest | 100 | 2016-06 | |
| Anthony Misitano | 5% or greater indirect ownership interest | 66 | 2021-10 | |
| Anthony Misitano | corporate officer | 2016-06 | ||
| Brittany Misitano | corporate officer | 2026-04 | ||
| Cassie Robin | w-2 managing employee | 2026-04 | ||
| Karick Stober | corporate officer | 2016-06 | ||
| Wells Fargo Bank, N.a. | 5% or greater security interest | 2024-07 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2016-06-01 | change of ownership | Pam Squared At Beaumont Llc | Healthsouth Rehabilitation... |
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 |
|---|---|---|---|---|
| 2023-03-01 | Crh Of Temple Llc | Everest Rehabilitation Hospital Temple Llc | Temple Rehabilitation Hospital | 36 |
| 2023-03-01 | Crh Of Longview Llc | Everest Rehabilitation Hospital... | Longview Rehabilitation Hospital | 36 |
| 2021-12-30 | Pam Health Rehabilitation Hospital... | Apollo Rehab Hospital Llc | Pam Health Rehab Hosp Of Sugar Land | 41 |
| 2019-08-01 | Clear Lake Institute For Rehabilitation Llc | Clear Lake Rehabilitation Hospital, Llc | Bay Area Rehab Hospital | 151 |
| 2019-08-01 | Clear Lake Institute For Rehabilitation Llc | Triumph Rehabilitation Hospital Of... | Bay Area Rehab Hospital | 151 |
| 2016-06-01 | Pam Squared At Beaumont Llc | Healthsouth Rehabilitation... | Pam Squared At Beaumont | 61 |