Specialty Hospital
Monroe, Ouachita Parish County, LA
· CCN 192016
Licensed to Specialty Extended Care Hospital Of Monroe Llc
Composite
30.6
rank score
Distress
8
FY2024
Fit
68
vs thesis
Estimated ticket
$9.6M–$38.4M
32 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin under 2%
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- small but workable bed count
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $8.0M |
| Operating margin | 1.3% |
| Total margin | 2.4% |
| Days cash on hand | — |
| Current ratio | 5.38 |
| Occupancy | 76% |
Facility
| Beds | 32 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $300K |
| Per-bed (high) | $1.2M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 32 | $10.5M | $59.4K | 0.6% | 0.6% | — | -0.16 | 74% | 334 | 30 |
| 2022 | 32 | $9.5M | $-803K | -8.4% | -8.4% | — | -0.14 | 68% | 310 | 67 |
| 2023 | 32 | $10.2M | $481K | 4.7% | 4.7% | — | -1.24 | 64% | 331 | 17 |
| 2024 | 32 | $8.0M | $195K | 1.3% | 2.4% | — | 5.38 | 76% | 391 | 8 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Phg - Monroe | 5% or greater direct ownership interest | 100 | 2024-02 | |
| Christopher Wright | 5% or greater indirect ownership interest | 33 | 2024-02 | |
| Klw Assets Llc | 5% or greater indirect ownership interest | 33 | 2024-02 | |
| B & C Fox Enterprises Llc | 5% or greater indirect ownership interest | 33 | 2024-02 | |
| Robert Fox | 5% or greater indirect ownership interest | 33 | 2024-02 | |
| Rice Equity Group Llc | 5% or greater indirect ownership interest | 23 | 2024-02 | |
| Lauren Wright | 5% or greater indirect ownership interest | 17 | 2024-02 | |
| Alexander Rice | 5% or greater indirect ownership interest | 10 | 2024-02 | |
| Christopher Rice | 5% or greater indirect ownership interest | 10 | 2024-02 | |
| Rice Business Enterprises Llc | 5% or greater indirect ownership interest | 10 | 2024-02 | |
| Mark Rice | 5% or greater indirect ownership interest | 7 | 2024-02 | |
| Julie Pittman | 5% or greater indirect ownership interest | 5 | 2024-02 | |
| Christopher Wright | corporate director | 2024-02 | ||
| Cleta Munholland | w-2 managing employee | 2009-11 | ||
| Cleta Munholland | operational/managerial control | 2009-11 | ||
| Jill Zuber | w-2 managing employee | 2020-05 | ||
| Mark Rice | corporate director | 2024-02 | ||
| Priority Hospital Group Llc | operational/managerial control | 2024-02 | ||
| Robert Fox | corporate director | 2024-02 | ||
| Suzanne Gras | corporate officer | 2024-02 |
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 |
|---|---|---|---|---|
| 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 |