Park Place Surgery Center
Lafayette, Lafayette County, LA
· CCN 190255
Licensed to Park Place Surgery Center Llc
Composite
28.2
rank score
Distress
20
FY2023
Fit
48
vs thesis
Estimated ticket
$5.0M–$20.0M
10 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- 60-90 days cash on hand
- occupancy below 30%
- margin slipping
- urban — higher occupancy and iteration surface
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $56.3M |
| Operating margin | 14.6% |
| Total margin | 15.6% |
| Days cash on hand | 69 |
| Current ratio | 6.22 |
| Occupancy | 10% |
Facility
| Beds | 10 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 10 | $42.3M | $7.0M | 14.4% | 16.2% | 98 | 8.71 | 22% | 432 | 13 |
| 2021 | 10 | $48.0M | $9.5M | 15.0% | 18.8% | 77 | 8.33 | 14% | 280 | 19 |
| 2022 | 10 | $51.6M | $10.3M | 15.4% | 19.0% | 71 | 6.06 | 14% | 246 | 19 |
| 2023 | 10 | $56.3M | $8.8M | 14.6% | 15.6% | 69 | 6.22 | 10% | 180 | 20 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Our Lady Of Lourdes Regional Medical Center, Inc. | 5% or greater direct ownership interest | 50 | 2006-01 | |
| James Moore | corporate officer | 2013-01 | ||
| James Moore | w-2 managing employee | 2003-01 | ||
| James Moore | operational/managerial control | 2003-01 | ||
| Jennifer Pugliese | corporate director | 2022-01 | ||
| Jeremy Rogers | corporate director | 2024-08 | ||
| May Thomassee | corporate officer | 2025-04 | ||
| Our Lady Of Lourdes Regional Medical Center, Inc. | operational/managerial control | 2013-01 | ||
| Stephanie Manson | corporate director | 2023-03 | ||
| Stephen Delatte | corporate director | 2010-04 |
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 |