Lake Taylor Transitional Care Hospit
dba Lake Taylor Transitional Care Hospital ·
Norfolk, Norfolk County, VA
· CCN 492001
Licensed to Hospital Authority Of Norfolk
Composite
27.2
rank score
Distress
0
FY2024
Fit
68
vs thesis
Estimated ticket
$31.2M–$125M
104 beds ·
within envelope
Ownership
government
LTCH
Why it ranks here
- 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
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $53.3M |
| Operating margin | 10.0% |
| Total margin | 14.7% |
| Days cash on hand | 422 |
| Current ratio | 9.32 |
| Occupancy | 60% |
Facility
| Beds | 104 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | government |
| 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 | 104 | $39.9M | $1.5M | 0.3% | 3.6% | 363 | 7.49 | 66% | 244 | 7 |
| 2022 | 104 | $44.4M | $5.1M | 10.7% | 11.4% | 416 | 10.06 | 61% | 186 | 0 |
| 2023 | 104 | $51.4M | $11.0M | 14.6% | 20.0% | 454 | 5.34 | 55% | 158 | 2 |
| 2024 | 104 | $53.3M | $8.3M | 10.0% | 14.7% | 422 | 9.32 | 60% | 147 | 0 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Lorraine Wolford | corporate officer | 15 | 2025-04 | |
| Bradbury Robinson | corporate director | 9 | 2024-11 | |
| John Ryan | corporate director | 9 | 2025-10 | |
| Suzanne Allen | corporate director | 9 | 2024-11 | |
| Willie Ward | corporate director | 9 | 2024-09 | |
| Anita Poston | corporate director | 2004-11 | ||
| Beverly Roberts-Atwater | corporate director | 2012-08 | ||
| Calvin Durham | corporate director | 2010-05 | ||
| Deborah Bauman | corporate director | 2009-03 | ||
| Elizabeth Albert | corporate director | 2023-09 | ||
| Hospital Authority Of Norfolk | operational/managerial control | 1988-07 | ||
| Melody Armstrong | corporate director | 2023-09 | ||
| Thomas Orsini | corporate director | 1999-11 | ||
| Thomas Orsini | w-2 managing employee | 1999-11 |
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 VA
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 |
|---|---|---|---|---|
| 2023-06-13 | Select Specialty Hospital-Richmond Inc | Vibra Hospital Of Richmond Llc | Ssh - Richmond | 60 |