Peterson Healthcare And Rehab
dba Seneca Rehabilitation Hospital ·
Wheeling, Ohio County, WV
· CCN 513025
Licensed to Wheeling Rehabilitation And Healthcare Center Llc
Already transacted. CMS recorded an ownership change effective
2024-04-09. Confirm the current owner before spending a call on this.
Composite
22.4
rank score
Distress
96
FY2023
Fit
52
vs thesis
Estimated ticket
$5.0M–$20.0M
22 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current liabilities exceed current assets
- liabilities exceed assets
- occupancy below 30%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
- changed ownership 2024-04-09 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $22.4M |
| Operating margin | -21.7% |
| Total margin | -18.2% |
| Days cash on hand | 1 |
| Current ratio | 0.83 |
| Occupancy | 25% |
Facility
| Beds | 22 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $228K |
| Per-bed (high) | $910K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 22 | $20.4M | $2.7M | 6.6% | 12.3% | 69 | 5.80 | 26% | 162 | 19 |
| 2021 | 22 | $22.3M | $1.4M | 5.7% | 6.3% | 1 | 4.05 | 32% | 155 | 28 |
| 2022 | 22 | $24.3M | $2.9M | 11.1% | 12.0% | 94 | 6.37 | 32% | 156 | 18 |
| 2023 | 22 | $22.4M | $-4.2M | -21.7% | -18.2% | 1 | 0.83 | 25% | 128 | 96 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Stallion Wv Holdco Llc | 5% or greater direct ownership interest | 100 | 2024-04 | |
| Stallion Wv Tbd Holdco Llc | 5% or greater indirect ownership interest | 100 | 2024-04 | |
| Lrans Family Trust | 5% or greater indirect ownership interest | 19 | 2024-04 | |
| Gotts Consulting Wv Llc | operational/managerial control | 2024-04 | ||
| Refoel Gottlieb | corporate officer | 2024-04 | ||
| Refoel Gottlieb | other | 2024-04 | ||
| Sanjay Bharti | contracted managing employee | 2024-04 | ||
| Tomasz Jankowski | w-2 managing employee | 2024-04 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2024-04-09 | change of ownership | Wheeling Rehabilitation And... | Guardian Elder Care At Wheeling Llc |
Who has been buying in WV
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 |
|---|---|---|---|---|
| 2024-04-09 | Wheeling Rehabilitation And... | Guardian Elder Care At Wheeling Llc | Peterson Healthcare And Rehab | 22 |