Lake Charles Memorial Hospital
Lake Charles, Calcasieu Parish County, LA
· CCN 190060
Licensed to Southwest Louisiana Hospital Association Inc
Composite
28.6
rank score
Distress
11
FY2023
Fit
59
vs thesis
Estimated ticket
$22.7M–$45.4M
227 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- 60-90 days cash on hand
- occupancy 45-60%
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $367M |
| Operating margin | 4.8% |
| Total margin | 23.5% |
| Days cash on hand | 85 |
| Current ratio | 2.29 |
| Occupancy | 56% |
Facility
| Beds | 227 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | 245 | $263M | $39.7M | -24.0% | 10.4% | 192 | 1.27 | 49% | 8,632 | 38 |
| 2021 | 259 | $315M | $26.7M | -3.0% | 7.6% | 139 | 1.25 | 52% | 9,319 | 30 |
| 2022 | 254 | $324M | $49.6M | -2.7% | 13.0% | 93 | 1.48 | 51% | 9,417 | 26 |
| 2023 | 227 | $367M | $107M | 4.8% | 23.5% | 85 | 2.29 | 56% | 8,906 | 11 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alyson Jones | corporate officer | 2026-01 | ||
| Benjamin Azevedo | corporate officer | 2026-01 | ||
| Clifford Courville | corporate officer | 2019-01 | ||
| Collin Bowe | corporate officer | 2026-01 | ||
| Daniel Hall | corporate officer | 2021-01 | ||
| Denise Rau | corporate officer | 2015-01 | ||
| James Hyde | corporate officer | 2021-04 | ||
| Joseph Miller | corporate officer | 2015-01 | ||
| Louis Todd | corporate officer | 2015-01 | ||
| Mitchell Adrian | corporate officer | 2015-01 | ||
| Neil Aspinwall | corporate officer | 2018-01 | ||
| Steven Gillespie | corporate director | 2026-02 | ||
| Steven Gillespie | w-2 managing employee | 2026-02 | ||
| Steven Gillespie | operational/managerial control | 2026-02 | ||
| Ulysses Thibodeaux | corporate officer | 2015-01 | ||
| William Condos | corporate officer | 2017-01 |
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 |