Oasis Behavioral Health
dba Oasis Behavioral Health Hospital ·
Chandler, Maricopa County, AZ
· CCN 034029
Licensed to Southwestern Childrens Health Services Inc
Composite
51.8
rank score
Distress
26
FY2023
Fit
96
vs thesis
Estimated ticket
$50.9M–$204M
185 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- under 30 days cash on hand
- margin deteriorating
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $46.4M |
| Operating margin | 20.1% |
| Total margin | 20.2% |
| Days cash on hand | 0 |
| Current ratio | 3.49 |
| Occupancy | 82% |
Facility
| Beds | 185 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $275K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 150 | $34.6M | $8.7M | 24.8% | 24.6% | 0 | 2.00 | 90% | 3,051 | 22 |
| 2021 | 158 | $38.1M | $9.6M | 25.2% | 25.3% | 0 | 1.85 | 91% | 3,522 | 22 |
| 2022 | 158 | $42.6M | $10.1M | 23.5% | 23.7% | 0 | 2.01 | 93% | 3,026 | 22 |
| 2023 | 185 | $46.4M | $9.4M | 20.1% | 20.2% | 0 | 3.49 | 82% | 3,197 | 26 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Acadia Healthcare Company Inc | 5% or greater indirect ownership interest | 100 | 2012-12 | chain |
| Shaun Fenton | w-2 managing employee | 90 | 2024-06 | |
| Brian Farley | corporate officer | 2023-07 | ||
| Deborah Kraemer | w-2 managing employee | 2012-06 | ||
| Debra Osteen | corporate officer | 2026-01 | ||
| Stacie Harty | w-2 managing employee | 2018-06 | ||
| Timothy Sides | w-2 managing employee | 2023-06 | ||
| Todd Young | corporate officer | 2025-10 |
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 AZ
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 |
|---|---|---|---|---|
| 2025-03-20 | College Medical Center Phoenix Llc | St Lukes Behavioral Hospital Lp | St. Lukes Behavioral Health Center | 127 |