Pam Health Rehab Hosp Of Sugar Land
Sugar Land, Fort Bend County, TX
· CCN 673068
Licensed to Pam Health Rehabilitation Hospital Of Sugar Land Llc
Composite
46.9
rank score
Distress
20
FY2023
Fit
90
vs thesis
Estimated ticket
$13.3M–$53.3M
41 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- under 30 days cash on hand
- part of a multi-hospital chain — divestiture candidate
- TX: favorable regulatory climate
- 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 · FY2023
| Net patient revenue | $24.6M |
| Operating margin | 19.2% |
| Total margin | 19.2% |
| Days cash on hand | 1 |
| Current ratio | 2.12 |
| Occupancy | 79% |
Facility
| Beds | 41 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 41 | $9.8M | $94.9K | -0.3% | 1.0% | 33 | 1.94 | 41% | 462 | 46 |
| 2021 | 41 | $11.2M | $1.2M | 8.4% | 10.5% | 6 | 2.28 | 45% | 483 | 28 |
| 2022 | 41 | $19.6M | $12.1M | 61.4% | 61.6% | 0 | 1.60 | 63% | 782 | 27 |
| 2023 | 41 | $24.6M | $4.7M | 19.2% | 19.2% | 1 | 2.12 | 79% | 910 | 20 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Pam Cubed Llc | 5% or greater direct ownership interest | 100 | 2021-07 | chain |
| Brittany Misitano | 5% or greater indirect ownership interest | 74 | 2023-11 | |
| Anthony Misitano | corporate officer | 2021-12 | ||
| Brittany Misitano | corporate officer | 2021-12 | ||
| John Wood | w-2 managing employee | 2025-05 | ||
| Karick Stober | corporate officer | 2021-12 | ||
| Wells Fargo Bank, N.a. | 5% or greater security interest | 2024-07 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2021-12-30 | change of ownership | Pam Health Rehabilitation... | Apollo Rehab Hospital Llc |
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 |