Eastpointe Hospital
Daphne, Baldwin County, AL
· CCN 014017
Licensed to Altapointe Health Systems Inc
Composite
53.9
rank score
Distress
53
FY2023
Fit
75
vs thesis
Estimated ticket
$19.2M–$76.7M
82 beds ·
within envelope
Ownership
government
PH
Why it ranks here
- operating margin below -10%
- total margin under 2%
- 30-60 days cash on hand
- margin deteriorating sharply
- 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
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $80.7M |
| Operating margin | -93.0% |
| Total margin | 0.5% |
| Days cash on hand | 43 |
| Current ratio | 2.20 |
| Occupancy | 77% |
Facility
| Beds | 82 |
| Facility type | PH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $234K |
| Per-bed (high) | $935K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 66 | $55.2M | $11.8M | -76.8% | 10.8% | 130 | 4.17 | 63% | 646 | 32 |
| 2021 | 66 | $49.2M | $8.2M | -111.6% | 7.3% | 115 | 2.36 | 61% | 560 | 32 |
| 2022 | 66 | $56.6M | $735K | -115.4% | 0.6% | 63 | 2.73 | 53% | 531 | 43 |
| 2023 | 82 | $80.7M | $778K | -93.0% | 0.5% | 43 | 2.20 | 77% | 545 | 53 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alicia Donoghue | corporate officer | 2024-02 | ||
| Alicia Donoghue | w-2 managing employee | 2024-02 | ||
| Jerry Schlesinger | corporate officer | 1998-05 | ||
| Jerry Schlesinger | w-2 managing employee | 1998-05 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.