Savoy Medical Management Group Inc.
dba Savoy Medical Center ·
Mamou, Evangeline Parish County, LA
· CCN 190025
Licensed to Savoy Medical Management Group, Inc
Composite
32.0
rank score
Distress
33
FY2023
Fit
43
vs thesis
Estimated ticket
$2.8M–$5.6M
28 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- 30-60 days cash on hand
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $43.1M |
| Operating margin | 6.9% |
| Total margin | 9.2% |
| Days cash on hand | 58 |
| Current ratio | 4.14 |
| Occupancy | 22% |
Facility
| Beds | 28 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 22 | $24.4M | $4.5M | -1.4% | 15.5% | 103 | 4.78 | 27% | 424 | 29 |
| 2021 | 28 | $26.2M | $3.8M | -16.8% | 11.0% | 34 | 5.08 | 24% | 360 | 53 |
| 2022 | 28 | $32.6M | $1.8M | -1.4% | 5.2% | 52 | 1.67 | 21% | 386 | 41 |
| 2023 | 28 | $43.1M | $4.1M | 6.9% | 9.2% | 58 | 4.14 | 22% | 380 | 33 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Town Of Mamou | 5% or greater direct ownership interest | 100 | 2010-01 | |
| Town Of Mamou | operational/managerial control | 100 | 2010-01 | |
| Brian Denton | corporate director | 2024-09 | ||
| Brian Denton | w-2 managing employee | 2024-09 | ||
| Eugene Burge | corporate director | 2022-01 | ||
| Francisco Cantu | corporate director | 2018-05 | ||
| Lovelin Poncho | corporate director | 2015-03 | ||
| Michael Johnson | corporate officer | 2015-11 | ||
| Thomas Fuselier | corporate director | 2023-01 | ||
| Vicky Hundley | corporate director | 2024-01 |
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 |