University Hospital & Clinics
dba Ochsner University Hospital & Clinics ·
Lafayette, Lafayette Parish County, LA
· CCN 190006
Licensed to University Hospital & Clinics, Inc.
Composite
61.1
rank score
Distress
70
FY2024
Fit
74
vs thesis
Estimated ticket
$18.2M–$72.8M
52 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin under 2%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $166M |
| Operating margin | -30.7% |
| Total margin | 0.7% |
| Days cash on hand | 0 |
| Current ratio | 0.36 |
| Occupancy | 67% |
Facility
| Beds | 52 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 52 | $155M | $-14.5M | -21.8% | -8.3% | 0 | 0.35 | 66% | 2,270 | 91 |
| 2022 | 52 | $153M | $-9.5M | -26.3% | -5.2% | 1 | 0.25 | 67% | 2,266 | 87 |
| 2023 | 52 | $159M | $-3.2M | -33.4% | -1.5% | 0 | 0.29 | 57% | 2,250 | 84 |
| 2024 | 52 | $166M | $1.5M | -30.7% | 0.7% | 0 | 0.36 | 67% | 2,697 | 70 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Lafayette General Health System Inc | 5% or greater direct ownership interest | 100 | 2013-06 | |
| Ochsner Clinic Foundation | 5% or greater indirect ownership interest | 100 | 2020-10 | |
| Glenn Dailey | corporate officer | 2023-07 | ||
| Glenn Dailey | w-2 managing employee | 2023-07 | ||
| James Molloy | corporate officer | 2024-01 | ||
| Michael Hulefeld | corporate officer | 2020-10 | ||
| Patrick Gandy | corporate officer | 2021-02 | ||
| Peter November | corporate officer | 2022-11 | ||
| Roger Mattke | corporate officer | 2013-07 | ||
| Roger Mattke | other | 2022-04 |
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 LA
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 |
|---|---|---|---|---|
| 2024-10-30 | Hsa Glenwood Llc | Iasis Glenwood Regional Medical Center Lp | Glenwood Regional Medical Center | 212 |
| 2022-04-01 | Ochsner American Legion Hospital, Llc | Jennings American Legion Hospital Inc | Ochsner American Legion Hospital | 49 |
| 2020-07-01 | Clhg-Ruston Llc | Ruston Louisiana Hospital Company Llc | North Louisiana Medical Center | 122 |
| 2019-10-01 | Thibodaux Regional Health System Inc | Hospital Service District No. 3 | Thibodaux Regional Health System | 170 |
| 2019-10-01 | Ochsner Morgan City Llc | Phc-Morgan City Lp | Ochsner St. Mary | 105 |
| 2019-03-01 | Our Lady Of Lourdes Regional... | The Regional Health System Of Acadiana, Llc | Our Lady Of Lourdes Rmc | 383 |
| 2019-03-01 | Our Lady Of The Lake Hospital Inc | Our Lady Of The Lake Ascension... | Our Lady Of The Lake Rmc | 647 |
| 2018-10-01 | University Health Shreveport, Llc | Brfhh Shreveport Llc | Ochsner Lsu Health Shreveport | 237 |
| 2018-09-01 | St Francis Medical Center Inc | P & S Surgery Center Llc | St. Francis Medical Center | 332 |
| 2018-08-01 | Clhg - Minden, Llc | Phc - Minden, Lp | Minden Medical Center | 129 |
| 2018-08-01 | Clhg-Ville Platte Llc | Ville Platte Medical Center Llc | Mercy Regional Medical Center | 27 |
| 2017-10-01 | Willis Knighton Medical Center, Inc. | Willis Knighton Medical Center, Inc. | Willis-Knighton Health Systems | 674 |