Bayou Bend Health System
Franklin, St. Mary Parish County, LA
· CCN 191310
Licensed to Hospital Service District No 1 Of The Parish Of St Mary
Composite
31.6
rank score
Distress
33
FY2023
Fit
42
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- occupancy 30-45%
- margin slipping
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $21.3M |
| Operating margin | -75.7% |
| Total margin | 17.7% |
| Days cash on hand | 231 |
| Current ratio | 6.32 |
| Occupancy | 30% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $16.1M | $6.1M | -66.9% | 18.4% | 467 | 10.42 | 36% | 381 | 33 |
| 2021 | 25 | $18.9M | $7.4M | -57.1% | 20.0% | 401 | 15.44 | 42% | 469 | 33 |
| 2022 | 25 | $20.0M | $6.5M | -68.9% | 16.2% | 293 | 7.41 | 36% | 378 | 33 |
| 2023 | 25 | $21.3M | $8.0M | -75.7% | 17.7% | 231 | 6.32 | 30% | 366 | 33 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Collette Vaccarella | w-2 managing employee | 2007-08 | ||
| Mary Bevier | corporate officer | 2024-06 | ||
| Stephanie Atkins Guidry | corporate officer | 2017-01 | ||
| Tina Petry | w-2 managing employee | 2007-08 |
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 |
|---|---|---|---|---|
| 2019-04-01 | Clhg-Dequincy, Llc | Dequincy Memorial Hospital,inc | Dequincy Memorial Hospital | 19 |