Elkhorn Valley Rehabilitation Hospit
dba Elkhorn Valley Rehabilitation Hospital ·
Casper, Natrona County, WY
· CCN 533027
Licensed to Elkhorn Valley Rehabilitation Hospital Llc
Composite
56.8
rank score
Distress
45
FY2024
Fit
75
vs thesis
Estimated ticket
$13.0M–$52.0M
40 beds ·
within envelope
Ownership
for-profit
PE 6y
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- debt above 85% of assets
- margin deteriorating
- PE-owned 6 years — approaching exit window
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- 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 | $19.7M |
| Operating margin | 14.7% |
| Total margin | 14.9% |
| Days cash on hand | 0 |
| Current ratio | 0.01 |
| Occupancy | 69% |
Facility
| Beds | 40 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $325K |
| Per-bed (high) | $1.3M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 40 | $17.2M | $3.1M | 13.4% | 17.2% | 8 | 0.01 | 71% | 684 | 43 |
| 2022 | 40 | $16.2M | $2.2M | 11.6% | 13.5% | 20 | 0.01 | 68% | 636 | 43 |
| 2023 | 40 | $17.0M | $1.8M | 10.2% | 10.4% | 7 | 0.01 | 68% | 628 | 43 |
| 2024 | 40 | $19.7M | $2.9M | 14.7% | 14.9% | 0 | 0.01 | 69% | 681 | 45 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Elkhorn Valley Rehabilitation Hospital Holdings Inc | 5% or greater direct ownership interest | 75 | 2007-12 | |
| Epoch Acquisition Inc | 5% or greater indirect ownership interest | 75 | 2018-10 | |
| Epoch Midco, Inc | 5% or greater indirect ownership interest | 75 | 2018-10 | |
| Epoch Parent Holdings Llc | 5% or greater indirect ownership interest | 75 | 2018-10 | |
| Epoch Parent Inc | 5% or greater indirect ownership interest | 75 | 2018-10 | |
| Ernest Health Holdings Llc | 5% or greater indirect ownership interest | 75 | 2012-02 | |
| Ernest Health, Inc | 5% or greater indirect ownership interest | 75 | 2006-09 | |
| Capital One Na | 5% or greater security interest | 65 | 2018-10 | |
| One Equity Partners Vii Lp | 5% or greater indirect ownership interest | 44 | 2018-10 | PE |
| Mpt Of Casper Llc | 5% or greater security interest | 35 | 2019-01 | |
| Wyoming Medical Center Inc | 5% or greater direct ownership interest | 25 | 2007-12 | |
| One Equity Partners Vii-A Lp | 5% or greater indirect ownership interest | 22 | 2018-10 | PE |
| One Equity Partners Vii-B Lp | 5% or greater indirect ownership interest | 9 | 2018-10 | PE |
| Connie Longwell | corporate director | 2019-03 | ||
| Connie Longwell | w-2 managing employee | 2016-01 | ||
| Denise Kann | corporate director | 2012-02 | ||
| Ernest Health, Inc | other | 2007-12 | ||
| Eudora Cannon | other | 2023-06 | ||
| Jacob Socha | corporate director | 2018-10 | ||
| Jacob Socha | other | 2023-06 | ||
| Lance Porter | corporate director | 2020-12 | ||
| Rachel Bryant | corporate director | 2020-12 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.