dealflow
envelope $200M

← Targets

Ssh Weirton

dba Select Specialty Hospital Weirton · Weirton, Hancock County, WV · CCN 512005
Licensed to Acuity Specialty Hospital - Ohio Valley, Lp

Composite
52.0
rank score
Distress
55
FY2024
Fit
68
vs thesis
Estimated ticket
$12.5M–$50.0M
49 beds · within envelope
Ownership
for-profit
LTCH

Why it ranks here

  • operating margin negative
  • total margin negative
  • current ratio under 1.5
  • liabilities exceed assets
  • margin deteriorating sharply
  • 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$27.0M
Operating margin -0.1%
Total margin -0.1%
Days cash on hand
Current ratio 1.05
Occupancy87%

Facility

Beds49
Facility typeLTCH
Settingurban
Ownership classfor-profit
Per-bed (low) $255K
Per-bed (high) $1.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 72 $2.9M $66.5K -5.3% 2.1% 287 1.57 55% 66 29
2021 72 $24.4M $1.4M 5.3% 5.8% 31 1.64 56% 557 23
2022 49 $23.8M $-3.6M -15.1% -15.1% 17 1.45 77% 578 81
2023 49 $27.6M $369K 1.3% 1.3% 0 0.90 87% 639 52
2024 49 $27.0M $-33.3K -0.1% -0.1% 1.05 87% 605 55

Owners

OwnerRole%SinceType
Acuity General Partner Llc
Mechanicsburg, PA
5% or greater indirect ownership interest 100 2023-01
Acuity Healthcare Holdings, Inc.
Charlotte, NC
5% or greater indirect ownership interest 100 2014-04
Acuity Healthcare Lp
Mechanicsburg, PA
5% or greater indirect ownership interest 100 2005-05
Acuity Healthcare Of Ohio Llc
Mechanicsburg, PA
5% or greater direct ownership interest 100 2005-05
Select Medical Corporation
Mechanicsburg, PA
5% or greater indirect ownership interest 100 2021-10
Select Medical Corporation
Mechanicsburg, PA
operational/managerial control 100 2021-10
Select Specialty Hospitals Inc
Mechanicsburg, PA
5% or greater indirect ownership interest 100 2021-10
John Duggan corporate officer 2021-10
John Duggan corporate director 2025-09
John Saich corporate officer 2025-08
Michael Malatesta corporate officer 2025-07
Robert Breighner w-2 managing employee 2025-08
Robert Kido corporate officer 2025-08
Thomas Mullin corporate officer 2025-07

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.