Talas Harbor At Bullhead City
Bullhead City, AZ · CCN 034037
Composite
65.8
rank score
Distress
87
FY2024
Fit
66
vs thesis
Estimated ticket
$4.6M–$18.5M
24 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy 30-45%
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- very small facility
- very small ticket — sub-scale as a platform asset
- thin occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $3.2M |
| Operating margin | -26.1% |
| Total margin | -26.1% |
| Days cash on hand | 6 |
| Current ratio | 0.05 |
| Occupancy | 32% |
Facility
| Beds | 24 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $192K |
| Per-bed (high) | $770K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 24 | $1.9M | $-1.7M | -87.4% | -87.4% | 25 | 0.83 | 30% | 142 | 96 |
| 2022 | 24 | $4.5M | $-584K | -13.1% | -13.1% | 0 | 6.55 | 55% | 277 | 69 |
| 2023 | 24 | $5.4M | $-609K | -11.4% | -11.4% | 7 | 0.41 | 68% | 498 | 91 |
| 2024 | 24 | $3.2M | $-823K | -26.1% | -26.1% | 6 | 0.05 | 32% | 347 | 87 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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 |