dealflow
envelope $200M

← Targets

Uva Encompass Health Rehabilitation

dba Uva Encompass Health Rehabilitation Hospital · Charlottesville, Albemarle County, VA · CCN 493029
Licensed to Uva Encompass Health Rehabilitation Hospital, Llc

Composite
34.3
rank score
Distress
0
FY2023
Fit
81
vs thesis
Estimated ticket
$16.2M–$65.0M
50 beds · within envelope
Ownership
for-profit
RH

Why it ranks here

  • 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
  • strong occupancy — good iteration surface
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$25.4M
Operating margin 16.0%
Total margin 18.3%
Days cash on hand 324
Current ratio 15.12
Occupancy82%

Facility

Beds50
Facility typeRH
Settingurban
Ownership classfor-profit
Per-bed (low) $325K
Per-bed (high) $1.3M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 50 $23.5M $1.7M 13.2% 7.7% 187 9.04 88% 1,160 0
2021 50 $23.3M $3.2M 12.9% 13.6% 236 8.23 84% 1,168 0
2022 50 $24.2M $2.8M 10.6% 11.4% 246 9.89 83% 1,206 0
2023 50 $25.4M $4.8M 16.0% 18.3% 324 15.12 82% 1,261 0

Owners

OwnerRole%SinceType
Encompass Health Corporation
Birmingham, AL
5% or greater direct ownership interest 50 1996-05 chain
Rector & Visitors Of The University Of Virginia
Charlottesville, VA
5% or greater direct ownership interest 50 1996-05
Vanguard Group Inc
Malvern, PA
5% or greater indirect ownership interest 5 2023-12
Carey Mcrae operational/managerial control 2025-01
Carey Mcrae other 2025-01
Dale Alward w-2 managing employee 2026-02
Encompass Health Corporation
Birmingham, AL
operational/managerial control 1996-05 chain
Mark Tarr operational/managerial control 2017-01
Robert Mccallum operational/managerial control 2025-01
Robert Mccallum other 2025-01

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.

DateBuyerSellerHospitalBeds
2017-06-01 Coastal Virginia Rehabilitation Llc Rehabilitation Institute Of Virginia Inc Riverside Rehabilitation Institute 50