Winn Parish Medical Center
Winnfield, Winn Parish County, LA
· CCN 190090
Licensed to Clhg-Winn, Llc
Composite
60.6
rank score
Distress
91
FY2024
Fit
49
vs thesis
Estimated ticket
$3.1M–$6.3M
45 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio under 1.5
- liabilities exceed assets
- 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
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $14.9M |
| Operating margin | -23.1% |
| Total margin | -11.5% |
| Days cash on hand | 14 |
| Current ratio | 1.02 |
| Occupancy | 9% |
Facility
| Beds | 45 |
| Facility type | STH |
| Setting | rural |
| Ownership class | for-profit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 45 | $14.3M | $1.9M | -7.4% | 11.1% | 0 | 0.35 | 20% | 729 | 78 |
| 2022 | 40 | $11.3M | $-234K | -57.9% | -1.3% | 3 | 2.98 | 15% | 572 | 71 |
| 2023 | 45 | $12.4M | $693K | -38.0% | 3.9% | 5 | 1.31 | 8% | 367 | 67 |
| 2024 | 45 | $14.9M | $-1.9M | -23.1% | -11.5% | 14 | 1.02 | 9% | 404 | 91 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Monica Lewis | w-2 managing employee | 100 | 2020-11 | |
| Monica Lewis | operational/managerial control | 100 | 2020-11 | |
| Rock Bordelon | 5% or greater direct ownership interest | 65 | 2016-09 | |
| Cameron Investments Llc | 5% or greater direct ownership interest | 27 | 2016-09 | |
| Donald Cameron | 5% or greater direct ownership interest | 27 | 2016-09 | |
| Scott Markstrom | 5% or greater direct ownership interest | 8 | 2016-09 | |
| Allegiance Health Management Inc | operational/managerial control | 2016-09 | ||
| Donald Cameron | corporate officer | 2016-09 | ||
| Monica Lewis | corporate officer | 2020-11 | ||
| Monica Lewis | corporate director | 2020-11 | ||
| Rock Bordelon | corporate officer | 2016-09 | ||
| Scott Markstrom | corporate officer | 2016-09 |
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 |