Texas Rehabilitation Hospital Of Kel
dba Texas Rehabilitation Hospital Of Keller ·
Keller, Tarrant County, TX
· CCN 673077
Licensed to Everest Rehabilitation Hospital Keller, Llc
Composite
51.4
rank score
Distress
30
FY2023
Fit
90
vs thesis
Estimated ticket
$11.7M–$46.8M
36 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- under 30 days cash on hand
- current ratio under 1.5
- debt above 85% of assets
- 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 | $16.9M |
| Operating margin | 18.8% |
| Total margin | 19.1% |
| Days cash on hand | 9 |
| Current ratio | 1.36 |
| Occupancy | 69% |
Facility
| Beds | 36 |
| 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 | 36 | $7.0M | $-797K | -11.5% | -11.4% | 81 | 2.28 | 34% | 354 | 64 |
| 2022 | 36 | $13.7M | $2.1M | 15.1% | 15.2% | 88 | 2.51 | 58% | 666 | 17 |
| 2023 | 36 | $16.9M | $3.2M | 18.8% | 19.1% | 9 | 1.36 | 69% | 808 | 30 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Texas Rehabilitation Hospital Of Fort Worth, Llc | 5% or greater direct ownership interest | 100 | 2021-03 | |
| Centerre Healthcare Llc | 5% or greater indirect ownership interest | 70 | 2021-03 | |
| Crh Of Fort Worth Llc | 5% or greater indirect ownership interest | 70 | 2021-03 | |
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 70 | 2021-12 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 70 | 2021-12 | chain |
| Lifepoint Rehab Llc | 5% or greater indirect ownership interest | 70 | 2021-12 | |
| Lifepoint Rehab Blocker Parent Llc | 5% or greater indirect ownership interest | 62 | 2021-12 | |
| Texas Health Harris Methodist Hospital Fort Worth | 5% or greater indirect ownership interest | 30 | 2021-03 | |
| Lifepoint Rehab Blocker Llc | 5% or greater indirect ownership interest | 8 | 2021-12 | |
| Chc Management Services Llc | operational/managerial control | 2021-03 | ||
| Jacob Daggett | operational/managerial control | 2021-11 | ||
| Marcus Poppell | other | 2021-12 | ||
| Naomi Roberts | corporate director | 2024-05 | ||
| Russell Bailey | corporate officer | 2021-03 | ||
| Sharon Smeltzer | corporate director | 2023-03 |
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 |