dealflow
envelope $200M

← Targets

Rehabilitation Hospital Of Western W

Eau Claire, Eau Claire County, WI · CCN 523030

Composite
66.6
rank score
Distress
84
FY2024
Fit
72
vs thesis
Estimated ticket
$8.2M–$32.8M
36 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 ratio below 0.8
  • occupancy 45-60%
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • small but workable bed count
  • small ticket — deploys little of the available capital
  • moderate occupancy
  • for-profit — no charitable conversion review

Latest financials · FY2024

Net patient revenue$6.6M
Operating margin -286.8%
Total margin -281.7%
Days cash on hand 0
Current ratio -1.04
Occupancy46%

Facility

Beds36
Facility typeRH
Settingurban
Ownership classfor-profit
Per-bed (low) $228K
Per-bed (high) $910K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2023 36 $2.0M $-1.5M -75.9% -75.9% 0 -4.95 37% 103 86
2024 36 $6.6M $-18.8M -286.8% -281.7% 0 -1.04 46% 334 84

Owners

No ownership records — CMS has no owner filings mapped to this CCN.

Ownership changes

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