Ssh Morgantown
dba Select Specialty Hospital- Morgantown ·
Morgantown, Monongalia County, WV
· CCN 512004
Licensed to Ltach Morgantown, Llc
Composite
31.2
rank score
Distress
9
FY2024
Fit
68
vs thesis
Estimated ticket
$10.2M–$40.8M
34 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- debt above 85% of assets
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- small but workable bed count
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $15.9M |
| Operating margin | 3.4% |
| Total margin | 3.5% |
| Days cash on hand | — |
| Current ratio | 1.66 |
| Occupancy | 69% |
Facility
| Beds | 34 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| 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 | 25 | $13.6M | $370K | 2.0% | 2.7% | 24 | 1.49 | 74% | 244 | 43 |
| 2022 | 25 | $22.8M | $7.2M | 31.5% | 31.6% | 6 | 1.14 | 83% | 266 | 37 |
| 2023 | 34 | $16.5M | $1.7M | 10.4% | 10.4% | — | 1.89 | 64% | 262 | 10 |
| 2024 | 34 | $15.9M | $561K | 3.4% | 3.5% | — | 1.66 | 69% | 282 | 9 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Acuity General Partner Llc | 5% or greater indirect ownership interest | 100 | 2023-01 | |
| Acuity Healthcare Holdings, Inc. | 5% or greater indirect ownership interest | 100 | 2014-04 | |
| Acuity Healthcare Holdings, Inc. | other | 100 | 2014-04 | |
| Select Medical Corporation | 5% or greater indirect ownership interest | 100 | 2021-10 | |
| Select Specialty Hospitals Inc | 5% or greater indirect ownership interest | 100 | 2021-10 | |
| Acuity Healthcare Lp | 5% or greater direct ownership interest | 80 | 2019-02 | |
| Acuity Healthcare Lp | limited partnership interest | 80 | 2019-02 | |
| Monongalia County General Hospital Company | 5% or greater direct ownership interest | 20 | 2019-02 | |
| Daniel Dunmyer | corporate officer | 2023-02 | ||
| Daniel Dunmyer | w-2 managing employee | 2023-02 | ||
| Daniel Dunmyer | operational/managerial control | 2023-02 | ||
| John Duggan | corporate officer | 2021-10 | ||
| John Duggan | corporate director | 2025-09 | ||
| John Saich | corporate officer | 2025-09 | ||
| Michael Malatesta | corporate officer | 2025-09 | ||
| Robert Breighner | w-2 managing employee | 2025-09 | ||
| Robert Kido | corporate officer | 2025-09 | ||
| Thomas Mullin | corporate officer | 2025-09 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.