Pam Specialty Hospital Of Shreveport
dba Pam Health Specialty Hospital Of Shreveport ·
Shreveport, Caddo Parish County, LA
· CCN 192011
Licensed to Pam Specialty Hospital Of Shreveport Llc
Composite
49.4
rank score
Distress
55
FY2024
Fit
57
vs thesis
Estimated ticket
$6.1M–$24.5M
24 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin negative
- total margin negative
- under 30 days cash on hand
- debt above 70% of assets
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- very small facility
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $13.0M |
| Operating margin | -1.8% |
| Total margin | -1.7% |
| Days cash on hand | 0 |
| Current ratio | 1.51 |
| Occupancy | 86% |
Facility
| Beds | 24 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $255K |
| Per-bed (high) | $1.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 54 | $30.6M | $5.4M | 13.7% | 16.9% | 0 | 0.37 | 87% | 801 | 43 |
| 2022 | 54 | $27.1M | $2.1M | 7.1% | 7.6% | 1 | 1.56 | 80% | 685 | 22 |
| 2023 | 36 | $16.5M | $-152K | -1.8% | -0.9% | 2 | 0.94 | 73% | 429 | 59 |
| 2024 | 24 | $13.0M | $-226K | -1.8% | -1.7% | 0 | 1.51 | 86% | 301 | 55 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Pam Cubed Llc | 5% or greater indirect ownership interest | 100 | 2019-09 | chain |
| Pam Cubed Specialty Hospitals Llc | 5% or greater direct ownership interest | 100 | 2019-09 | |
| Brittany Misitano | 5% or greater indirect ownership interest | 74 | 2019-08 | |
| Anthony Misitano | corporate officer | 2019-08 | ||
| Bobby Sisk | w-2 managing employee | 2026-02 | ||
| Brittany Misitano | corporate officer | 2019-08 | ||
| Karick Stober | corporate officer | 2019-08 | ||
| Wells Fargo Bank, N.a. | 5% or greater security interest | 2024-07 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2019-09-30 | change of ownership | Pam Specialty Hospital Of... | New Lifecare Hospitals, Llc |
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 |
|---|---|---|---|---|
| 2025-03-01 | Sage Specialty Hospital Of Lake... | Chg Hospital Sulphur Llc | Cornerstone Specialty Southwest Loui | 28 |
| 2025-02-01 | Cornerstone Post Acute Care Of Bossier Llc | Chg Hospital Bossier City Llc | Cornerstone Specialty Bossier City | 43 |
| 2024-05-19 | Baton Rouge Specialty Hospital | Kpc Promise Hospital Of Baton Rouge, Llc | Kpc Promise Hospital Of Baton Rouge | 54 |
| 2019-09-30 | Pam Specialty Hospital Of Shreveport Llc | New Lifecare Hospitals, Llc | Pam Specialty Hospital Of Shreveport | 24 |
| 2019-08-30 | Intensive Specialty Hospital, Llc | Promise Hospital Of Louisiana, Inc | Intensive Specialty Hospital | 205 |
| 2017-08-31 | Sage Ltac Llc | Ltac Hospital Of Louisiana -... | Sage Specialty Care Hospital | 59 |