Encompass Health Rehabilitation Hosp
dba Encompass Health Rehabilitation Hospital Of Petersburg ·
Petersburg, Petersburg City County, VA
· CCN 493031
Licensed to Encompass Health Rehabilitation Hospital Of Petersburg, Llc
Composite
36.1
rank score
Distress
4
FY2024
Fit
81
vs thesis
Estimated ticket
$20.8M–$83.2M
64 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- 90-150 days cash on hand
- 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 · FY2024
| Net patient revenue | $25.1M |
| Operating margin | 14.7% |
| Total margin | 14.9% |
| Days cash on hand | 120 |
| Current ratio | 4.61 |
| Occupancy | 61% |
Facility
| Beds | 64 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 64 | $18.9M | $1.0M | 5.5% | 5.5% | 77 | 4.09 | 52% | 950 | 12 |
| 2022 | 64 | $19.7M | $769K | 3.8% | 3.9% | 78 | 2.98 | 54% | 1,055 | 17 |
| 2023 | 64 | $24.9M | $4.7M | 18.5% | 18.7% | 96 | 3.96 | 61% | 1,190 | 4 |
| 2024 | 64 | $25.1M | $3.7M | 14.7% | 14.9% | 120 | 4.61 | 61% | 1,190 | 4 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Encompass Health Corporation | 5% or greater indirect ownership interest | 100 | 1996-12 | chain |
| Encompass Health Owned Hospitals Holdings Llc | 5% or greater direct ownership interest | 100 | 2015-07 | |
| Truist Bank | 5% or greater security interest | 100 | 2026-03 | |
| Vanguard Group Inc | 5% or greater indirect ownership interest | 10 | 2023-12 | |
| Blackrock Inc | 5% or greater indirect ownership interest | 9 | 2023-12 | |
| Carey Mcrae | operational/managerial control | 2025-01 | ||
| Carey Mcrae | other | 2025-01 | ||
| Encompass Health Corporation | operational/managerial control | 1996-12 | chain | |
| Harry Wiggins | w-2 managing employee | 2025-03 | ||
| 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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2017-06-01 | Coastal Virginia Rehabilitation Llc | Rehabilitation Institute Of Virginia Inc | Riverside Rehabilitation Institute | 50 |