Ochsner Lsu Health - St Mary Med Ctr
dba Ochsner Lsu Health Shreveport - St. Mary Medical Center ·
Shreveport, Caddo Parish County, LA
· CCN 190317
Licensed to Ochsner Lsu Health Shreveport - St Mary Medical Center Llc
Composite
52.0
rank score
Distress
42
FY2024
Fit
78
vs thesis
Estimated ticket
$55.0M–$220M
110 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $153M |
| Operating margin | 4.0% |
| Total margin | 5.9% |
| Days cash on hand | 0 |
| Current ratio | 0.24 |
| Occupancy | 61% |
Facility
| Beds | 110 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| 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 | 110 | $47.2M | $-11.6M | -85.0% | -15.2% | 0 | 0.30 | 58% | 3,890 | 93 |
| 2022 | 120 | $62.9M | $-21.2M | -93.4% | -21.1% | 0 | 0.17 | 59% | 6,190 | 93 |
| 2023 | 118 | $91.1M | $-33.2M | -63.8% | -28.6% | 0 | 0.11 | 63% | 6,856 | 91 |
| 2024 | 110 | $153M | $9.3M | 4.0% | 5.9% | 0 | 0.24 | 61% | 4,776 | 42 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brf Hospital Holdings Llc | 5% or greater direct ownership interest | 100 | 2020-04 | |
| Ochsner Lsu Health System Of North Louisiana | 5% or greater indirect ownership interest | 100 | 2020-04 | |
| Brf Hospital Holdings Llc | operational/managerial control | 2020-04 | ||
| Charles Fox | contracted managing employee | 2020-04 | ||
| Charles Fox | corporate officer | 2020-04 | ||
| David Callecod | contracted managing employee | 2025-02 | ||
| David Callecod | corporate officer | 2025-02 | ||
| David Lewis | contracted managing employee | 2020-04 | ||
| Ochsner Clinic Foundation | operational/managerial control | 2020-04 | chain | |
| Ochsner Clinic Foundation | other | 2020-04 | chain | |
| Olh Operational Management Company Llc | operational/managerial control | 2020-04 | ||
| Riley Waddell | contracted managing employee | 2022-02 | ||
| Riley Waddell | corporate officer | 2022-02 | ||
| Riley Waddell | operational/managerial control | 2022-02 |
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 |