dealflow
envelope $200M

← Targets

Ochsner Lsu Health Monroe

Monroe, Ouachita Parish County, LA · CCN 190011
Licensed to Brfhh Monroe Llc

Composite
69.2
rank score
Distress
88
FY2024
Fit
74
vs thesis
Estimated ticket
$29.8M–$119M
85 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin -8% to -3%
  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • margin deteriorating sharply
  • 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$130M
Operating margin -19.6%
Total margin -3.6%
Days cash on hand 0
Current ratio 0.38
Occupancy61%

Facility

Beds85
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $350K
Per-bed (high) $1.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 94 $92.7M $16.5M -56.2% 10.3% 0 3.50 59% 3,715 52
2022 85 $80.5M $-6.9M -103.7% -4.4% 0 1.95 59% 4,521 64
2023 84 $85.1M $-37.6M -100.4% -28.3% 0 0.40 63% 5,008 88
2024 85 $130M $-5.4M -19.6% -3.6% 0 0.38 61% 4,068 88

Owners

OwnerRole%SinceType
Brf Hospital Holdings Llc
Shreveport, LA
 5% or greater direct ownership interest 100 2018-10
Brf Hospital Holdings Llc
Shreveport, LA
 operational/managerial control 100 2018-10
Ochsner Lsu Health System Of North Louisiana
Shreveport, LA
 5% or greater indirect ownership interest 100 2018-10
David Callecod contracted managing employee 2025-02
David Callecod corporate officer 2025-02
David Lewis contracted managing employee 2018-10
James Molloy operational/managerial control 2026-01
Mark Randolph contracted managing employee 2020-04
Mark Randolph corporate officer 2020-04
Mark Randolph operational/managerial control 2020-04
Ochsner Clinic Foundation
New Orleans, LA
 operational/managerial control 2018-10
Ochsner Clinic Foundation
New Orleans, LA
 other 2018-10
Ochsner Lsu Health System Of North Louisiana
Shreveport, LA
 operational/managerial control 2018-10
Olh Operational Management Company Llc
New Orleans, LA
 operational/managerial control 2018-10

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.

DateBuyerSellerHospitalBeds
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