Ssh - Milwaukee
dba Select Specialty Hospital Milwaukee ·
West Allis, Milwaukee County, WI
· CCN 522006
Licensed to Select Specialty Hospital - Milwaukee, Inc.
Composite
31.3
rank score
Distress
4
FY2023
Fit
74
vs thesis
Estimated ticket
$18.9M–$75.6M
63 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- current ratio under 1.5
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- 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 | $32.0M |
| Operating margin | 7.1% |
| Total margin | 6.1% |
| Days cash on hand | — |
| Current ratio | 1.36 |
| Occupancy | 65% |
Facility
| Beds | 63 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 63 | $31.8M | $1.9M | 9.5% | 6.0% | — | 0.59 | 71% | 522 | 17 |
| 2021 | 63 | $32.7M | $4.3M | 15.1% | 12.5% | — | 1.08 | 67% | 495 | 4 |
| 2022 | 63 | $28.9M | $-3.3M | -2.6% | -11.4% | — | 0.64 | 64% | 428 | 59 |
| 2023 | 63 | $32.0M | $1.9M | 7.1% | 6.1% | — | 1.36 | 65% | 474 | 4 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Intensiva Healthcare Corporation | 5% or greater direct ownership interest | 100 | 2023-01 | |
| Select Medical Corporation | 5% or greater indirect ownership interest | 100 | 2001-10 | |
| Select Medical Corporation | operational/managerial control | 100 | 2002-10 | |
| John Duggan | corporate officer | 2002-10 | ||
| 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 | ||
| Robert Schwichow | corporate officer | 2026-03 | ||
| Robert Schwichow | w-2 managing employee | 2026-03 | ||
| Robert Schwichow | operational/managerial control | 2026-03 | ||
| Select Specialty Hospital - Milwaukee, Inc. | 5% or greater direct ownership interest | 2002-10 | ||
| Shital Tipnis | corporate officer | 2023-06 | ||
| Shital Tipnis | w-2 managing employee | 2023-06 | ||
| Shital Tipnis | operational/managerial control | 2023-06 | ||
| 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.