St. Charles Parish Hospital
Luling, LA
· CCN 190079
Licensed to Hospital Service Dist. No. 1 Of The Parish Of St. Charles, State Of La
Composite
33.8
rank score
Distress
28
FY2024
Fit
53
vs thesis
Estimated ticket
$13.5M–$54.0M
27 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin -10% to -5%
- occupancy below 30%
- urban — higher occupancy and iteration surface
- small but workable bed count
- small ticket — deploys little of the available capital
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $67.9M |
| Operating margin | -9.4% |
| Total margin | 16.9% |
| Days cash on hand | 240 |
| Current ratio | 5.13 |
| Occupancy | 28% |
Facility
| Beds | 27 |
| Facility type | STH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 27 | $47.3M | $2.5M | -36.3% | 3.7% | 58 | 2.30 | 30% | 748 | 54 |
| 2022 | 27 | $51.7M | $12.6M | -11.4% | 18.0% | 202 | 4.33 | 31% | 699 | 38 |
| 2023 | 27 | $64.0M | $15.5M | -5.1% | 18.7% | 164 | 5.31 | 24% | 674 | 31 |
| 2024 | 27 | $67.9M | $15.1M | -9.4% | 16.9% | 240 | 5.13 | 28% | 837 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| St. Charles Operational Management Company Llc | other | 100 | 2014-09 | |
| Keith Dacus | corporate officer | 2021-02 | ||
| Keith Dacus | w-2 managing employee | 2021-02 | ||
| Keith Dacus | operational/managerial control | 2021-02 | ||
| St. Charles Operational Management Company Llc | operational/managerial control | 2014-09 |
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 |