dealflow
envelope $200M

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Bunkie General Hospital

Bunkie, Avoyelles County, LA · CCN 191311
Licensed to Hospital Service District No 1 Parish Of Avoyelles State Of La

Composite
30.0
rank score
Distress
39
FY2024
Fit
31
vs thesis
Estimated ticket
$2.0M–$4.1M
24 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin under 2%
  • 30-60 days cash on hand
  • occupancy below 30%
  • margin deteriorating sharply
  • 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
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$20.2M
Operating margin 1.3%
Total margin 17.8%
Days cash on hand 40
Current ratio 4.48
Occupancy29%

Facility

Beds24
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 24 $14.3M $5.8M -11.7% 26.0% 154 3.26 24% 48 37
2022 24 $15.6M $2.4M -14.1% 11.5% 159 4.99 27% 95 37
2023 24 $17.8M $4.8M -1.7% 20.3% 69 5.05 22% 37 34
2024 24 $20.2M $4.4M 1.3% 17.8% 40 4.48 29% 30 39

Owners

OwnerRole%SinceType
Hospital Service District No 1 Parish Of Avoyelles State Of La
Bunkie, LA
operational/managerial control 100 2007-05
Linda Deville corporate officer 2007-05
Linda Deville w-2 managing employee 2007-05

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