dealflow
envelope $200M

← Targets

Eagle View Behavioral Health

Bettendorf, Scott County, IA · CCN 164006
Licensed to Sbh-Davenport Llc

Composite
66.9
rank score
Distress
82
FY2023
Fit
75
vs thesis
Estimated ticket
$13.9M–$55.4M
72 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
  • 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
  • strong occupancy — good iteration surface
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$12.7M
Operating margin -23.4%
Total margin -23.3%
Days cash on hand 0
Current ratio 0.07
Occupancy60%

Facility

Beds72
Facility typePH
Settingurban
Ownership classfor-profit
Per-bed (low) $192K
Per-bed (high) $770K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 72 $565K $-2.1M -381.7% -368.5% 1 0.81 20% 247 84
2021 72 $8.0M $-3.0M -38.3% -38.2% 0 1.20 39% 1,430 76
2022 72 $11.2M $-2.7M -24.5% -24.2% 0 1.64 36% 2,036 83
2023 72 $12.7M $-3.0M -23.4% -23.3% 0 0.07 60% 2,350 82

Owners

OwnerRole%SinceType
Brian Walton corporate officer 100 2026-03
Brian Walton w-2 managing employee 100 2026-03
James Hinkle corporate officer 100 2026-03
Sbhc Holdings Llc
Franklin, TN
5% or greater indirect ownership interest 100 2021-12
Sperry Holdco Llc
Franklin, TN
5% or greater indirect ownership interest 100 2025-01
Summit Behavioral Healthcare Llc
Franklin, TN
5% or greater indirect ownership interest 100 2021-12
Summit Behavioral Holdings I Llc
Franklin, TN
5% or greater direct ownership interest 100 2021-12
Summit Behavioral Holdings Llc
Franklin, TN
5% or greater indirect ownership interest 100 2021-12
Psc Sperry Buyer Llc
Menlo Park, CA
5% or greater indirect ownership interest 96 2021-12

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.