Ochsner Lsu Health Shreveport
Shreveport, Caddo Parish County, LA
· CCN 190098
Licensed to University Health Shreveport, Llc
Composite
44.2
rank score
Distress
43
FY2024
Fit
62
vs thesis
Estimated ticket
$23.7M–$47.4M
237 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin under 2%
- under 30 days cash on hand
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $681M |
| Operating margin | -8.3% |
| Total margin | 0.9% |
| Days cash on hand | 16 |
| Current ratio | 2.79 |
| Occupancy | 84% |
Facility
| Beds | 237 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 323 | $351M | $4.5M | -91.4% | 0.7% | 38 | 1.06 | 76% | 16,089 | 51 |
| 2022 | 317 | $378M | $41.1M | -97.2% | 5.2% | 7 | 1.31 | 74% | 12,781 | 58 |
| 2023 | 273 | $396M | $49.6M | -90.0% | 6.2% | 6 | 4.68 | 73% | 11,003 | 50 |
| 2024 | 237 | $681M | $6.7M | -8.3% | 0.9% | 16 | 2.79 | 84% | 11,451 | 43 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brf Hospital Holdings Llc | 5% or greater direct ownership interest | 100 | 2018-10 | |
| Brf Hospital Holdings Llc | operational/managerial control | 2018-10 | ||
| Charles Fox | contracted managing employee | 2018-10 | ||
| Charles Fox | corporate officer | 2018-10 | ||
| Christopher Mangin | contracted managing employee | 2022-07 | ||
| Christopher Mangin | corporate officer | 2022-07 | ||
| Christopher Mangin | operational/managerial control | 2022-07 | ||
| David Lewis | contracted managing employee | 2018-10 | ||
| Mark Randolph | corporate officer | 2018-10 | ||
| Mark Randolph | w-2 managing employee | 2018-10 | ||
| Michael Hulefeld | operational/managerial control | 2018-10 | ||
| Michael Hulefeld | other | 2018-10 | ||
| Ochsner Clinic Foundation | operational/managerial control | 2018-10 | ||
| Ochsner Clinic Foundation | other | 2018-10 | ||
| Ochsner Lsu Health System Of North Louisiana | 5% or greater indirect ownership interest | 2018-10 | ||
| Stephen Randall | contracted managing employee | 2018-10 | ||
| Stephen Randall | corporate officer | 2018-10 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2018-10-01 | change of ownership | University Health Shreveport, Llc | Brfhh Shreveport Llc |
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 |