Central Louisiana Surgical Hospital
dba Christus Central Louisiana Surgical Hospital ·
Alexandria, Rapides Parish County, LA
· CCN 190298
Licensed to Central Louisiana Surgical Hospital Llc
Composite
33.4
rank score
Distress
28
FY2024
Fit
52
vs thesis
Estimated ticket
$12.0M–$48.0M
24 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- occupancy below 30%
- 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 · FY2024
| Net patient revenue | $75.9M |
| Operating margin | 8.5% |
| Total margin | 9.6% |
| Days cash on hand | 8 |
| Current ratio | 2.31 |
| Occupancy | 10% |
Facility
| Beds | 24 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 24 | $48.9M | $2.3M | 2.0% | 4.5% | 34 | 2.99 | 18% | 368 | 32 |
| 2022 | 24 | $57.9M | $945K | 1.2% | 1.6% | 78 | 2.76 | 13% | 533 | 40 |
| 2023 | 24 | $69.1M | $6.8M | 7.7% | 9.6% | 45 | 2.70 | 12% | 376 | 26 |
| 2024 | 24 | $75.9M | $7.4M | 8.5% | 9.6% | 8 | 2.31 | 10% | 305 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Christus Ambulatory Services Holdings | 5% or greater direct ownership interest | 51 | 2021-04 | |
| Christus Ambulatory Services Holdings | operational/managerial control | 51 | 2021-04 | |
| Christus Continuing Care | 5% or greater indirect ownership interest | 51 | 2021-04 | |
| Christus Health | 5% or greater indirect ownership interest | 51 | 2021-04 | |
| Clasc Llc | 5% or greater direct ownership interest | 39 | 2021-04 | |
| Martin Sustainable Resources Llc | 5% or greater direct ownership interest | 10 | 2021-04 | |
| Renick Webb | corporate officer | 3 | 2017-01 | |
| Christian Wold | corporate director | 2021-04 | ||
| Christopher Janik | corporate director | 2021-04 | ||
| Christopher Janik | operational/managerial control | 2021-04 | ||
| Gary Ruff | corporate director | 2021-04 | ||
| Gary Ruff | operational/managerial control | 2021-04 | ||
| Joseph Lopez-Cepero | corporate officer | 2026-04 | ||
| Julienne Smith | corporate director | 2021-12 | ||
| Melanie Firmin | corporate director | 2022-08 | ||
| Monte Wilson | corporate director | 2021-04 | ||
| Spencer Martin | corporate director | 2024-01 |
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 |