dealflow
envelope $200M

← Targets

Ascension Sacred Heart Rehabilitatio

dba Ascension Sacred Heart Rehabilitation Hospital · Milwaukee, Milwaukee County, WI · CCN 523025
Licensed to Sacred Heart Rehabilitation Institute Inc

Composite
34.8
rank score
Distress
23
FY2024
Fit
61
vs thesis
Estimated ticket
$4.9M–$19.5M
15 beds · within envelope
Ownership
nonprofit
RH

Why it ranks here

  • under 30 days cash on hand
  • current ratio under 1.5
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$7.7M
Operating margin 4.7%
Total margin 6.4%
Days cash on hand 0
Current ratio 1.20
Occupancy66%

Facility

Beds15
Facility typeRH
Settingurban
Ownership classnonprofit
Per-bed (low) $325K
Per-bed (high) $1.3M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 15 $6.7M $-245K -4.1% -3.6% 0 1.95 40% 138 56
2022 15 $6.5M $37.5K 1.2% 0.6% 0 0.84 39% 117 47
2023 21 $8.6M $696K 6.7% 8.0% 0 1.47 50% 226 28
2024 15 $7.7M $505K 4.7% 6.4% 0 1.20 66% 276 23

Owners

OwnerRole%SinceType
Columbia St. Mary's, Inc
Glendale, WI
operational/managerial control 100 2017-06
Ascension Health
Saint Louis, MO
operational/managerial control 1999-11
Bhagath Siripurapu corporate director 2024-01
Jerry Suriano corporate director 2024-01
John Joyce corporate director 2022-04
John Joyce w-2 managing employee 2022-04
John Joyce operational/managerial control 2022-04
Jonathan Berkoff corporate director 2023-07
Joseph Regan corporate director 2023-07
Kaye-Eileen Willard corporate director 2020-01
Lynne Briggs corporate director 2017-07
Mark Catherall corporate director 2024-01
Matthew Mokrohisky corporate director 2024-01
Michael Mccullough corporate officer 2024-10
Michael Mccullough w-2 managing employee 2024-10
Michael Mccullough operational/managerial control 2024-10
Rexanne Braun w-2 managing employee 2019-07
Robert Vanhimbergen corporate director 2017-07
Robin Barten w-2 managing employee 2024-11
Stephanie Hietpas w-2 managing employee 2024-11

Ownership changes

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