Boynton Beach Florida Behavioral Hea
Boynton Beach, Palm Beach County, FL
· CCN 104085
Licensed to Boynton Beach Florida Behavioral Health Hospital Company, Llc
Composite
74.4
rank score
Distress
100
FY2023
Fit
74
vs thesis
Estimated ticket
$13.7M–$54.7M
71 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 below 30%
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- small ticket — deploys little of the available capital
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $4.5M |
| Operating margin | -160.3% |
| Total margin | -140.7% |
| Days cash on hand | 0 |
| Current ratio | 0.44 |
| Occupancy | 28% |
Facility
| Beds | 71 |
| 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 | 71 | $4.5M | $-6.8M | -160.3% | -140.7% | 0 | 0.44 | 28% | 540 | 100 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alexis Altier | corporate officer | 100 | 2025-04 | |
| Alexis Altier | w-2 managing employee | 100 | 2025-04 | |
| County Holdings 2 Llc | 5% or greater direct ownership interest | 100 | 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 |