Willis-Knighton Health Systems
Shreveport, Caddo Parish County, LA
· CCN 190111
Licensed to Willis Knighton Medical Center, Inc.
Composite
25.6
rank score
Distress
0
FY2023
Fit
64
vs thesis
Estimated ticket
$67.4M–$135M
674 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- rural — cheaper but limited density
- very large — likely out of range
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $1.1B |
| Operating margin | 15.5% |
| Total margin | 32.5% |
| Days cash on hand | 441 |
| Current ratio | 2.93 |
| Occupancy | 66% |
Facility
| Beds | 674 |
| 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 | 758 | $820M | $156M | -5.4% | 15.3% | 366 | 4.40 | 60% | 30,528 | 24 |
| 2021 | 790 | $927M | $531M | 27.1% | 44.0% | 686 | 162.91 | 60% | 30,064 | 2 |
| 2022 | 686 | $1.0B | $-129M | 6.9% | -15.8% | 415 | 1.98 | 65% | 35,272 | 17 |
| 2023 | 674 | $1.1B | $438M | 15.5% | 32.5% | 441 | 2.93 | 66% | 29,630 | 0 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brian Crawford | corporate director | 2019-01 | ||
| Brian Crawford | w-2 managing employee | 2019-01 | ||
| Danielle Faris | corporate director | 2022-05 | ||
| Danielle Faris | w-2 managing employee | 2022-05 | ||
| Deborah Olds | corporate officer | 2023-02 | ||
| Elaine Simpkins | corporate director | 2015-06 | ||
| Eugene Bryson | corporate director | 2014-05 | ||
| Frank Hughes | corporate director | 1996-05 | ||
| James Elrod | corporate director | 1981-08 | ||
| Jason Cobb | corporate officer | 2023-01 | ||
| Jerry Fielder | corporate officer | 2017-11 | ||
| Jerry Fielder | w-2 managing employee | 2017-11 | ||
| Lamar Pugh | corporate director | 2021-12 | ||
| Margaret Elrod | corporate officer | 2016-01 | ||
| Margaret Elrod | w-2 managing employee | 2016-01 | ||
| Mary Jane Ward | corporate officer | 2014-08 | ||
| Mary Jane Ward | w-2 managing employee | 2014-08 | ||
| Peggy Gavin | corporate officer | 2016-01 | ||
| Peggy Gavin | w-2 managing employee | 2016-01 | ||
| Pierre Blanchard | corporate director | 1983-11 | ||
| Raymond Lasseigne | corporate director | 2021-06 | ||
| Richard Sale | corporate director | 2014-01 | ||
| Terri Smith | other | 2013-09 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2017-10-01 | acquisition/merger | Willis Knighton Medical Center, Inc. | Willis Knighton Medical Center, Inc. |
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 |