Cornerstone Bh El Dorado
dba El Dorado Springs ·
Tucson, Pima County, AZ
· CCN 034033
Licensed to Cornerstone Behavioral Health Tucson
Composite
54.6
rank score
Distress
40
FY2024
Fit
92
vs thesis
Estimated ticket
$29.1M–$117M
106 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- under 30 days cash on hand
- current ratio under 1.5
- debt above 85% of assets
- 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
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $20.6M |
| Operating margin | 4.0% |
| Total margin | 8.7% |
| Days cash on hand | 0 |
| Current ratio | 1.29 |
| Occupancy | 70% |
Facility
| Beds | 106 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 54 | $13.8M | $3.6M | 18.5% | 24.2% | 147 | 0.56 | 92% | 2,699 | 29 |
| 2022 | 54 | $14.0M | $4.1M | 13.9% | 25.5% | 225 | 0.50 | 93% | 2,849 | 21 |
| 2023 | 106 | $17.2M | $4.3M | 13.1% | 22.4% | 228 | 3.46 | 70% | 2,899 | 8 |
| 2024 | 106 | $20.6M | $1.9M | 4.0% | 8.7% | 0 | 1.29 | 70% | 3,259 | 40 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cornerstone Behavioral Health Llc | 5% or greater direct ownership interest | 100 | 2023-01 | |
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 100 | 2023-01 | |
| Lifepoint Behavioral Health, Llc | 5% or greater indirect ownership interest | 100 | 2023-01 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 100 | 2023-01 | |
| Lifepoint Rehab Blocker Llc | 5% or greater indirect ownership interest | 100 | 2023-01 | |
| Lifepoint Rehab Blocker Parent Llc | 5% or greater indirect ownership interest | 100 | 2023-01 | |
| Lifepoint Rehab Llc | 5% or greater indirect ownership interest | 100 | 2023-01 | |
| Allison Debruycker | w-2 managing employee | 2021-03 | ||
| Charlotte Lawrence | corporate officer | 2023-01 | ||
| Christopher Jagoditz | corporate director | 2025-10 | ||
| Christopher Monte | corporate officer | 2023-01 | ||
| Elliott Brown | corporate officer | 2026-04 | ||
| Lifepoint Behavioral Health Services, Llc | operational/managerial control | 2023-01 | ||
| Marcus Poppell | operational/managerial control | 2023-01 | ||
| Martin Mann | corporate officer | 2023-01 | ||
| Nicoletta Tessler | corporate director | 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 |