Neurobehavioral Hospital Of The Pb
dba Neurobehavioral Hospital Of The Palm Beaches- North ·
Mangonia Park, Palm Beach County, FL
· CCN 104084
Licensed to 901 45th Street West Palm Beach Florida Behavioral Health Hospital Llc
Composite
69.1
rank score
Distress
78
FY2024
Fit
86
vs thesis
Estimated ticket
$8.1M–$32.3M
42 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- current ratio below 0.8
- liabilities exceed assets
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- small but workable bed count
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $6.6M |
| Operating margin | -55.4% |
| Total margin | -19.1% |
| Days cash on hand | — |
| Current ratio | 0.49 |
| Occupancy | 67% |
Facility
| Beds | 42 |
| 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 | 42 | $4.6M | $-2.0M | -45.3% | -42.1% | — | 0.59 | 73% | 1,123 | 89 |
| 2024 | 42 | $6.6M | $-1.6M | -55.4% | -19.1% | — | 0.49 | 67% | 1,750 | 78 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| County Holdings 2 Llc | 5% or greater direct ownership interest | 100 | 2025-04 | |
| Alexis Altier | corporate officer | 2025-04 | ||
| Alexis Altier | w-2 managing employee | 2025-04 |
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 |