Lafayette Surgical Specialty Hospita
dba Lafayette Surgical Specialty Hospital ·
Lafayette, LA
· CCN 190259
Licensed to Lafayette Surgical Hospital Llc
Composite
35.3
rank score
Distress
28
FY2023
Fit
52
vs thesis
Estimated ticket
$10.0M–$40.0M
20 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- occupancy below 30%
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- very small facility
- small ticket — deploys little of the available capital
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $50.3M |
| Operating margin | 10.8% |
| Total margin | 11.1% |
| Days cash on hand | 30 |
| Current ratio | 1.82 |
| Occupancy | 14% |
Facility
| Beds | 20 |
| 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 | 20 | $41.1M | $2.0M | 3.9% | 4.8% | 44 | 1.15 | 20% | 723 | 29 |
| 2021 | 20 | $43.3M | $5.6M | 7.5% | 12.2% | 34 | 1.56 | 18% | 609 | 26 |
| 2022 | 20 | $48.9M | $4.5M | 9.1% | 9.2% | 13 | 1.96 | 16% | 548 | 31 |
| 2023 | 20 | $50.3M | $5.6M | 10.8% | 11.1% | 30 | 1.82 | 14% | 469 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| National Surgical Hospitals, Llc | 5% or greater indirect ownership interest | 40 | 2023-02 | |
| Nsh Louisiana Llc | 5% or greater direct ownership interest | 40 | 2023-02 | |
| Sp Holdco I Inc | 5% or greater indirect ownership interest | 40 | 2023-02 | |
| Surgery Center Holdings Inc | 5% or greater indirect ownership interest | 40 | 2023-02 | chain |
| Surgery Center Holdings Llc | 5% or greater indirect ownership interest | 40 | 2023-02 | |
| Surgery Partners Inc | 5% or greater indirect ownership interest | 40 | 2023-02 | |
| Bcpe Seminole Holdings Ii Intermediate Lp | 5% or greater indirect ownership interest | 9 | 2023-03 | |
| Jason Cormier | 5% or greater direct ownership interest | 6 | 2022-02 | |
| Buffy Domingue | corporate officer | 2011-02 | ||
| Buffy Domingue | w-2 managing employee | 2011-02 | ||
| Jennifer Baldock | corporate officer | 2017-09 |
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 |