River Point Behavioral Health
Jacksonville, Duval County, FL
· CCN 104016
Licensed to Tbj Behavioral Center Llc
Composite
52.8
rank score
Distress
36
FY2024
Fit
92
vs thesis
Estimated ticket
$23.1M–$92.4M
84 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- debt above 70% of assets
- 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 | $19.6M |
| Operating margin | 17.2% |
| Total margin | 17.4% |
| Days cash on hand | 0 |
| Current ratio | 0.07 |
| Occupancy | 67% |
Facility
| Beds | 84 |
| 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 | 84 | $12.5M | $978K | 7.2% | 7.7% | 0 | 1.34 | 61% | 3,426 | 33 |
| 2022 | 84 | $19.1M | $2.5M | 12.7% | 12.9% | 0 | 2.07 | 64% | 3,463 | 30 |
| 2023 | 84 | $20.2M | $2.0M | 9.5% | 9.6% | 0 | 4.52 | 64% | 3,394 | 30 |
| 2024 | 84 | $19.6M | $3.4M | 17.2% | 17.4% | 0 | 0.07 | 67% | 3,205 | 36 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cheryl Ramagano | corporate officer | 100 | 2010-11 | |
| Cheryl Ramagano | operational/managerial control | 100 | 2010-11 | |
| Donna Smith | contracted managing employee | 100 | 2017-05 | |
| Donna Smith | corporate officer | 100 | 2017-05 | |
| George Brunner | corporate officer | 100 | 2010-11 | |
| Katharine Lyver | corporate officer | 100 | 2024-01 | |
| Matthew Klein | corporate officer | 100 | 2010-11 | |
| Matthew Klein | operational/managerial control | 100 | 2010-11 | |
| Matthew Peterson | corporate officer | 100 | 2019-09 | |
| Matthew Peterson | operational/managerial control | 100 | 2019-09 | |
| Premier Behavioral Solutions, Inc. | 5% or greater direct ownership interest | 100 | 2008-04 | |
| Psychiatric Solutions, Inc. | 5% or greater indirect ownership interest | 100 | 2006-04 | |
| Steve Filton | corporate officer | 100 | 2010-11 | |
| Steve Filton | operational/managerial control | 100 | 2010-11 | |
| Thomas Day | corporate officer | 100 | 2021-07 | |
| Uhs Of Delaware Inc | operational/managerial control | 100 | 2010-11 | |
| Universal Health Services Inc | 5% or greater indirect ownership interest | 100 | 2010-11 | |
| Alan Miller | 5% or greater indirect ownership interest | 87 | 2023-03 | |
| James Coleman | contracted managing employee | 50 | 2013-10 | |
| Matthew Peterson | corporate director | 33 | 2019-09 | |
| Steve Filton | corporate director | 33 | 2010-11 | |
| Thomas Day | corporate director | 33 | 2021-07 | |
| Christopher Evans | contracted managing employee | 2024-07 | ||
| Christopher Evans | corporate officer | 2024-07 |
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 FL
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 |
|---|---|---|---|---|
| 2025-07-01 | 9001 Tamiami Trail Opco, Llc | Willough Healthcare Inc | The Willough At Naples | 87 |
| 2019-06-03 | Southern Winds Hospital Llc | Southern Winds Health Llc | Southern Winds Hospital Llc | 72 |