Opelousas General Hospital
dba Opelousas General Health System ·
Opelousas, St. Landry Parish County, LA
· CCN 190017
Licensed to Opelousas General Hospital Authority
Composite
56.2
rank score
Distress
69
FY2024
Fit
63
vs thesis
Estimated ticket
$64.2M–$257M
151 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- 30-60 days cash on hand
- occupancy below 30%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $158M |
| Operating margin | -18.3% |
| Total margin | -4.5% |
| Days cash on hand | 50 |
| Current ratio | 1.58 |
| Occupancy | 27% |
Facility
| Beds | 151 |
| Facility type | STH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 151 | $139M | $2.3M | -25.7% | 1.3% | 71 | 1.70 | 34% | 5,649 | 47 |
| 2022 | 151 | $151M | $1.2M | -18.1% | 0.7% | 37 | 1.88 | 35% | 5,902 | 53 |
| 2023 | 151 | $169M | $-5.3M | -12.7% | -2.9% | 30 | 2.55 | 30% | 7,204 | 63 |
| 2024 | 151 | $158M | $-8.0M | -18.3% | -4.5% | 50 | 1.58 | 27% | 7,452 | 69 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Opelousas General Hospital Authority | 5% or greater direct ownership interest | 100 | 2009-07 | |
| Albert Simien | corporate officer | 2012-01 | ||
| Blake Schultz | corporate officer | 2026-01 | ||
| Blake Schultz | w-2 managing employee | 2026-01 | ||
| Derek Metoyer | corporate officer | 2026-01 | ||
| Derek Metoyer | corporate director | 2021-07 | ||
| Gina Tuttle | corporate director | 1991-07 | ||
| James Doherty | corporate director | 2021-01 | ||
| Lance Armentor | corporate officer | 2024-04 | ||
| Lance Armentor | w-2 managing employee | 2024-04 | ||
| Mary Doucet | corporate director | 2013-07 | ||
| Michael Burnell | corporate officer | 2026-01 | ||
| Michelle Soileau | corporate officer | 2024-06 | ||
| Michelle Soileau | w-2 managing employee | 2024-06 | ||
| Richard Urban | corporate officer | 2026-01 | ||
| Robert Wolfe | corporate director | 2019-05 |
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 |