Lasalle General Hospital Inc.
dba Lasalle General Hospital ·
Jena, La Salle Parish County, LA
· CCN 190145
Licensed to Hospital Service District #2 Of Lasalle Parish
Composite
53.7
rank score
Distress
81
FY2023
Fit
43
vs thesis
Estimated ticket
$2.1M–$4.2M
30 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio under 1.5
- debt above 70% of 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
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $21.1M |
| Operating margin | -36.5% |
| Total margin | -5.9% |
| Days cash on hand | 11 |
| Current ratio | 1.29 |
| Occupancy | 27% |
Facility
| Beds | 30 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 30 | $17.6M | $3.2M | -40.0% | 11.5% | 190 | 1.68 | 25% | 475 | 41 |
| 2021 | 30 | $19.9M | $7.3M | -27.1% | 22.3% | 76 | 2.35 | 24% | 474 | 47 |
| 2022 | 30 | $19.8M | $-884K | -34.4% | -3.4% | 18 | 1.67 | 31% | 606 | 68 |
| 2023 | 30 | $21.1M | $-1.6M | -36.5% | -5.9% | 11 | 1.29 | 27% | 719 | 81 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Hospital Service District #2 Of Lasalle Parish | operational/managerial control | 100 | 1970-10 | |
| Lana Francis | w-2 managing employee | 100 | 2015-01 | |
| Lana Francis | operational/managerial control | 100 | 2015-01 | |
| Allyson Fannin | w-2 managing employee | 2015-01 | ||
| Tracy Thacker | w-2 managing employee | 2020-10 |
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 |