Via Linda Behavioral Hospital
Scottsdale, Maricopa County, AZ
· CCN 034040
Licensed to Bh Newco Hospital Llc
Composite
73.2
rank score
Distress
84
FY2024
Fit
88
vs thesis
Estimated ticket
$23.1M–$92.4M
120 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 45-60%
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $14.8M |
| Operating margin | -14.6% |
| Total margin | -14.3% |
| Days cash on hand | 0 |
| Current ratio | 0.08 |
| Occupancy | 55% |
Facility
| Beds | 120 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 52 | $11.3M | $-2.9M | -25.9% | -25.8% | 0 | 0.14 | 72% | 1,949 | 91 |
| 2024 | 120 | $14.8M | $-2.1M | -14.6% | -14.3% | 0 | 0.08 | 55% | 3,772 | 84 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bh Az Master Llc | 5% or greater direct ownership interest | 100 | 2019-09 | |
| Steve Filton | corporate officer | 100 | 2019-09 | |
| Steve Filton | operational/managerial control | 100 | 2019-09 | |
| Alan Miller | 5% or greater indirect ownership interest | 85 | 2019-09 | |
| Az Holding 4, Llc | 5% or greater indirect ownership interest | 51 | 2019-09 | |
| James Coleman | contracted managing employee | 50 | 2022-02 | |
| Honorhealth | 5% or greater indirect ownership interest | 49 | 2019-09 | |
| Steve Filton | corporate director | 33 | 2019-09 | |
| Jaclyn Hull | contracted managing employee | 2021-11 | ||
| Jaclyn Hull | corporate officer | 2021-11 | ||
| Kim Post | corporate director | 2022-02 | ||
| Leanne Krush | contracted managing employee | 2021-01 | ||
| Leanne Krush | corporate officer | 2021-11 | ||
| Michelle Jackson | corporate director | 2022-02 | ||
| Pamela Foster | corporate director | 2022-02 | ||
| Richard Silver | corporate director | 2022-02 | ||
| Robert Deney | corporate director | 2022-02 | ||
| Uhs Of Delaware Inc | 5% or greater indirect ownership interest | 2019-09 | ||
| Uhs Of Delaware Inc | operational/managerial control | 2019-09 | ||
| Universal Health Services Inc | 5% or greater indirect ownership interest | 2019-09 | ||
| Victor Radina | corporate director | 2022-02 |
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 |