Ochsner Medical Center - Baton Rouge
Baton Rouge, E. Baton Rouge Parish County, LA
· CCN 190202
Licensed to East Baton Rouge Medical Center Llc
Composite
56.5
rank score
Distress
59
FY2023
Fit
75
vs thesis
Estimated ticket
$72.7M–$291M
171 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- under 30 days cash on hand
- current ratio below 0.8
- occupancy 45-60%
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $396M |
| Operating margin | -12.0% |
| Total margin | 7.4% |
| Days cash on hand | 0 |
| Current ratio | -0.46 |
| Occupancy | 54% |
Facility
| Beds | 171 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 171 | $268M | $19.8M | -16.1% | 6.0% | 0 | -0.24 | 47% | 6,945 | 66 |
| 2021 | 171 | $334M | $16.1M | -11.5% | 4.1% | 0 | -0.31 | 56% | 7,725 | 66 |
| 2022 | 171 | $371M | $25.4M | -11.5% | 5.8% | 0 | -0.48 | 53% | 7,862 | 66 |
| 2023 | 171 | $396M | $35.4M | -12.0% | 7.4% | 0 | -0.46 | 54% | 7,770 | 59 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ochsner Clinic Foundation | 5% or greater direct ownership interest | 100 | 2008-01 | |
| Ochsner Clinic Foundation | operational/managerial control | 100 | 2008-01 | |
| Charles Daigle | corporate officer | 2023-12 | ||
| Charles Daigle | w-2 managing employee | 2023-12 | ||
| Charles Daigle | operational/managerial control | 2023-12 | ||
| James Molloy | corporate officer | 2024-01 | ||
| Peter November | corporate officer | 2022-11 | ||
| Timothy Riddell | corporate officer | 2026-01 |
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 |