Temple Rehabilitation Hospital
Temple, Bell County, TX
· CCN 673074
Licensed to Crh Of Temple Llc
Already transacted. CMS recorded an ownership change effective
2023-03-01. Confirm the current owner before spending a call on this.
Composite
23.5
rank score
Distress
72
FY2023
Fit
87
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
- liabilities exceed assets
- occupancy 45-60%
- 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
- moderate occupancy
- for-profit — no charitable conversion review
- changed ownership 2023-03-01 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $9.6M |
| Operating margin | -12.9% |
| Total margin | -12.4% |
| Days cash on hand | 0 |
| Current ratio | 1.88 |
| Occupancy | 46% |
Facility
| Beds | 36 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $228K |
| Per-bed (high) | $910K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2019 | 36 | $656K | $-683K | -104.2% | -104.0% | 157 | 0.48 | 27% | 47 | 78 |
| 2020 | 36 | $8.6M | $-2.7M | -33.4% | -31.4% | 29 | 0.21 | 40% | 442 | 97 |
| 2021 | 36 | $12.9M | $-395K | -6.5% | -3.0% | 20 | 0.06 | 51% | 521 | 79 |
| 2022 | 36 | $14.8M | $-549K | -3.9% | -3.7% | 4 | -0.09 | 62% | 642 | 74 |
| 2023 | 36 | $9.6M | $-1.2M | -12.9% | -12.4% | 0 | 1.88 | 46% | 469 | 72 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Centerre Healthcare Llc | 5% or greater direct ownership interest | 100 | 2023-03 | |
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 100 | 2023-03 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 100 | 2023-03 | |
| Lifepoint Rehab Blocker Llc | 5% or greater indirect ownership interest | 100 | 2023-03 | |
| Lifepoint Rehab Blocker Parent Llc | 5% or greater indirect ownership interest | 100 | 2023-03 | |
| Lifepoint Rehab Llc | 5% or greater indirect ownership interest | 100 | 2023-03 | |
| Charlotte Lawrence | corporate officer | 2023-03 | ||
| Christopher Monte | corporate officer | 2023-03 | ||
| John Grooms | corporate officer | 2023-03 | ||
| Joseph Fuller | corporate officer | 2023-03 | ||
| Marcus Poppell | other | 2023-03 | ||
| Martin Mann | corporate officer | 2023-03 | ||
| Russell Bailey | corporate officer | 2023-03 | ||
| Steven Pierce | operational/managerial control | 2023-12 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2023-03-01 | change of ownership | Crh Of Temple Llc | Everest Rehabilitation... |
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 |