Methodist Rehabilitation Hospital
Dallas, Dallas County, TX
· CCN 673031
Licensed to Mhs-Chc I, Lp
Composite
51.9
rank score
Distress
30
FY2023
Fit
96
vs thesis
Estimated ticket
$16.2M–$65.0M
50 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- under 30 days cash on hand
- debt above 70% of assets
- margin deteriorating
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- 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 | $31.6M |
| Operating margin | 33.4% |
| Total margin | 33.7% |
| Days cash on hand | 25 |
| Current ratio | 2.20 |
| Occupancy | 86% |
Facility
| Beds | 50 |
| 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 | 50 | $29.9M | $11.4M | 37.1% | 37.7% | 136 | 1.35 | 86% | 1,239 | 16 |
| 2022 | 50 | $30.1M | $10.7M | 35.0% | 35.3% | 54 | 1.87 | 83% | 1,308 | 21 |
| 2023 | 50 | $31.6M | $10.7M | 33.4% | 33.7% | 25 | 2.20 | 86% | 1,333 | 30 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Mhs Chc Llc | operational/managerial control | 100 | 2008-01 | |
| Methodist Hospitals Of Dallas | 5% or greater direct ownership interest | 68 | 2008-01 | |
| Centerre Healthcare Llc | 5% or greater indirect ownership interest | 31 | 2019-03 | |
| Crh Of Dallas Llc | 5% or greater direct ownership interest | 31 | 2008-01 | |
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 31 | 2021-12 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 31 | 2021-12 | |
| Lifepoint Rehab Blocker Llc | other | 31 | 2022-12 | |
| Lifepoint Rehab Blocker Parent Llc | 5% or greater indirect ownership interest | 31 | 2022-12 | |
| Lifepoint Rehab Llc | 5% or greater indirect ownership interest | 31 | 2021-12 | |
| Dustin Anthamatten | corporate director | 2017-02 | ||
| Frances W Laukaitis | corporate director | 2015-01 | ||
| Leslie Pierce | corporate director | 2017-02 | ||
| Marcus Poppell | other | 2021-12 | ||
| Russell Bailey | corporate director | 2015-01 | ||
| Shannon Huggins | corporate director | 2015-01 | ||
| Shari Moore | corporate officer | 2018-07 | ||
| Shari Moore | operational/managerial control | 2015-09 | ||
| Sharon Smeltzer | corporate director | 2018-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
Who has been buying in TX
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 |
|---|---|---|---|---|
| 2023-03-01 | Crh Of Temple Llc | Everest Rehabilitation Hospital Temple Llc | Temple Rehabilitation Hospital | 36 |
| 2023-03-01 | Crh Of Longview Llc | Everest Rehabilitation Hospital... | Longview Rehabilitation Hospital | 36 |
| 2021-12-30 | Pam Health Rehabilitation Hospital... | Apollo Rehab Hospital Llc | Pam Health Rehab Hosp Of Sugar Land | 41 |
| 2019-08-01 | Clear Lake Institute For Rehabilitation Llc | Clear Lake Rehabilitation Hospital, Llc | Bay Area Rehab Hospital | 151 |
| 2019-08-01 | Clear Lake Institute For Rehabilitation Llc | Triumph Rehabilitation Hospital Of... | Bay Area Rehab Hospital | 151 |
| 2016-06-01 | Pam Squared At Beaumont Llc | Healthsouth Rehabilitation... | Pam Squared At Beaumont | 61 |