Copper Springs
dba Copper Springs - East ·
Avondale, Maricopa County, AZ
· CCN 034032
Licensed to Copper Springs Hospital Llc
Composite
54.0
rank score
Distress
35
FY2023
Fit
96
vs thesis
Estimated ticket
$39.6M–$158M
144 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- current liabilities exceed current assets
- liabilities exceed assets
- margin deteriorating sharply
- 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 | $50.4M |
| Operating margin | 2.3% |
| Total margin | 2.4% |
| Days cash on hand | — |
| Current ratio | 0.94 |
| Occupancy | 99% |
Facility
| Beds | 144 |
| 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 | 144 | $26.6M | $5.2M | 17.5% | 19.0% | — | 0.25 | 57% | 4,073 | 20 |
| 2021 | 144 | $42.1M | $6.8M | 11.5% | 15.5% | — | 0.78 | 89% | 6,590 | 27 |
| 2022 | 144 | $44.1M | $-3.2M | -15.9% | -6.6% | — | 0.75 | 94% | 7,471 | 83 |
| 2023 | 144 | $50.4M | $1.2M | 2.3% | 2.4% | — | 0.94 | 99% | 7,340 | 35 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 100 | 2024-03 | |
| Lifepoint Behavioral Health, Llc | 5% or greater indirect ownership interest | 100 | 2024-03 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 100 | 2024-03 | |
| Lifepoint Rehab Blocker Llc | 5% or greater indirect ownership interest | 100 | 2024-03 | |
| Lifepoint Rehab Blocker Parent Llc | 5% or greater indirect ownership interest | 100 | 2024-03 | |
| Lifepoint Rehab Llc | 5% or greater indirect ownership interest | 100 | 2024-03 | |
| Lpnt Autumn Holdco, Llc | 5% or greater indirect ownership interest | 100 | 2024-03 | |
| Springstone Health Opco, Llc | 5% or greater direct ownership interest | 100 | 2016-01 | |
| Charlotte Lawrence | corporate officer | 2023-02 | ||
| Christopher Jagoditz | corporate officer | 2025-10 | ||
| Christopher Monte | corporate officer | 2023-02 | ||
| Elliott Brown | corporate officer | 2026-04 | ||
| Jessica Black | w-2 managing employee | 2018-12 | ||
| Lifepoint Behavioral Health Services, Llc | operational/managerial control | 2023-02 | ||
| Marcus Poppell | other | 2023-02 | ||
| Martin Mann | corporate officer | 2023-02 | ||
| Nicoletta Tessler | corporate officer | 2025-08 |
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 |