dealflow
envelope $200M

← Targets

Mary S Harper Geriatric Psych Cen

dba Mary Starke Harper Geriatric Psychiatry Center · Tuscaloosa, Tuscaloosa County, AL · CCN 014012
Licensed to State Of Alabama Dept Of Mental Health & Mental Retardation

Composite
56.7
rank score
Distress
62
FY2023
Fit
72
vs thesis
Estimated ticket
$29.5M–$118M
126 beds · within envelope
Ownership
government
PH

Why it ranks here

  • operating margin -10% to -5%
  • total margin -8% to -3%
  • occupancy 45-60%
  • margin slipping
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • bed count in the target band
  • ticket size somewhat below the envelope
  • moderate occupancy
  • government-owned — public process likely

Latest financials · FY2023

Net patient revenue$26.8M
Operating margin -6.3%
Total margin -6.1%
Days cash on hand
Current ratio
Occupancy51%

Facility

Beds126
Facility typePH
Settingurban
Ownership classgovernment
Per-bed (low) $234K
Per-bed (high) $935K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 126 $24.1M $-1.3M -5.5% -5.5% 67% 104 65
2021 126 $25.0M $488K 1.8% 1.9% 59% 103 23
2022 126 $24.3M $2.2M 8.9% 9.1% 50% 73 4
2023 126 $26.8M $-1.6M -6.3% -6.1% 51% 69 62

Owners

OwnerRole%SinceType
State Of Alabama Dept Of Mental Health & Mental Retardation
Tuscaloosa, AL
5% or greater direct ownership interest 100 1996-07
State Of Alabama Dept Of Mental Health & Mental Retardation
Tuscaloosa, AL
operational/managerial control 100 1996-07
Donnell Amerson corporate officer 2023-11
Donnell Amerson w-2 managing employee 2023-11
Donnell Amerson operational/managerial control 2023-11
Sonja Rawls corporate director 2023-07
Sonja Rawls w-2 managing employee 2023-07
Sonja Rawls operational/managerial control 2023-07

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.