dealflow
envelope $200M

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Our Lady Of Lourdes Rmc

dba Fmol Health | Our Lady Of Lourdes · Lafayette, Lafayette Parish County, LA · CCN 190102
Licensed to Our Lady Of Lourdes Regional Medical Center, Inc.

Composite
27.8
rank score
Distress
4
FY2024
Fit
65
vs thesis
Estimated ticket
$192M–$766M
383 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • 90-150 days cash on hand
  • urban — higher occupancy and iteration surface
  • large — ticket likely stretches the envelope
  • ticket size well above the envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$551M
Operating margin 14.3%
Total margin 19.8%
Days cash on hand 101
Current ratio 8.34
Occupancy71%

Facility

Beds383
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 363 $450M $95.8M 12.2% 19.5% 160 2.73 72% 14,457 4
2022 363 $460M $57.4M 4.0% 11.5% 97 3.10 70% 15,712 4
2023 363 $510M $73.6M 8.9% 13.7% 69 4.12 71% 17,340 10
2024 383 $551M $117M 14.3% 19.8% 101 8.34 71% 19,142 4

Owners

OwnerRole%SinceType
Alwyn Meaux corporate director 2024-04
Alwyn Meaux w-2 managing employee 2024-04
Christi Pierce corporate officer 2024-06
Franciscan Missionaries Of Our Lady Health System Inc
Baton Rouge, LA
5% or greater direct ownership interest 1984-12
Franciscan Missionaries Of Our Lady Health System Inc
Baton Rouge, LA
operational/managerial control 1984-12
Jeremy Rogers corporate officer 2024-04
Richard Vath corporate officer 2019-06
Stephanie Manson corporate officer 2023-03

Ownership changes

DateTypeBuyerSeller
2019-03-01 acquisition/merger Our Lady Of Lourdes Regional... The Regional Health System Of...

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.

DateBuyerSellerHospitalBeds
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