dealflow
envelope $200M

← Targets

Our Lady Of The Lake Assumption Com

Napoleonville, LA · CCN 191303

Composite
19.9
rank score
Distress
14
FY2023
Fit
34
vs thesis
Estimated ticket
$1.3M–$2.5M
15 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • occupancy below 30%
  • margin deteriorating
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$11.7M
Operating margin 24.2%
Total margin 28.9%
Days cash on hand 465
Current ratio 5.20
Occupancy0%

Facility

Beds15
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 15 $7.0M $3.5M -2.9% 32.6% 560 2.86 0% 4 24
2022 15 $11.7M $3.4M 30.3% 29.2% 468 4.30 1% 11 9
2023 15 $11.7M $3.6M 24.2% 28.9% 465 5.20 0% 1 14

Owners

No ownership records — CMS has no owner filings mapped to this CCN.

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.

DateBuyerSellerHospitalBeds
2019-04-01 Clhg-Dequincy, Llc Dequincy Memorial Hospital,inc Dequincy Memorial Hospital 19