Pointe Coupee General Hospital
New Roads, Pointe Coupee Parish County, LA
· CCN 191316
Licensed to Pointe Coupee Parish Health Services District Number One
Composite
34.0
rank score
Distress
48
FY2023
Fit
31
vs thesis
Estimated ticket
$2.0M–$3.9M
23 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- 30-60 days cash on hand
- occupancy below 30%
- 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 · FY2023
| Net patient revenue | $19.1M |
| Operating margin | -22.2% |
| Total margin | 17.9% |
| Days cash on hand | 57 |
| Current ratio | 2.85 |
| Occupancy | 13% |
Facility
| Beds | 23 |
| 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 | $18.2M | $1.7M | -1.5% | 7.6% | 19 | 1.23 | 15% | 132 | 50 |
| 2021 | 25 | $15.4M | $5.2M | -23.3% | 19.9% | 53 | 3.51 | 16% | 126 | 53 |
| 2022 | 23 | $16.0M | $5.4M | -20.9% | 20.2% | 36 | 2.27 | 14% | 92 | 53 |
| 2023 | 23 | $19.1M | $5.7M | -22.2% | 17.9% | 57 | 2.85 | 13% | 73 | 48 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Chad Olinde | corporate director | 100 | 2006-01 | |
| Chad Olinde | operational/managerial control | 100 | 2006-01 | |
| Pointe Coupee Parish Health Services District Number One | operational/managerial control | 100 | 2006-01 | |
| John Cazayoux | corporate officer | 25 | 2006-01 |
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 |
|---|---|---|---|---|
| 2019-04-01 | Clhg-Dequincy, Llc | Dequincy Memorial Hospital,inc | Dequincy Memorial Hospital | 19 |