Ltac Of Louisiana Llc
dba Lafayette-Amg Specialty Hospital ·
Lafayette, Lafayette Parish County, LA
· CCN 192029
Licensed to Ltac Of Louisiana, Llc
Composite
34.5
rank score
Distress
26
FY2023
Fit
57
vs thesis
Estimated ticket
$5.4M–$21.6M
18 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- under 30 days cash on hand
- margin deteriorating
- 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 · FY2023
| Net patient revenue | $13.5M |
| Operating margin | 30.4% |
| Total margin | 30.5% |
| Days cash on hand | 0 |
| Current ratio | 3.35 |
| Occupancy | 93% |
Facility
| Beds | 18 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 18 | $12.2M | $4.3M | 30.7% | 34.9% | 0 | 2.31 | 92% | 230 | 22 |
| 2021 | 18 | $11.8M | $4.0M | 27.4% | 31.9% | 0 | 4.27 | 94% | 245 | 22 |
| 2022 | 18 | $12.0M | $3.0M | 25.2% | 25.4% | 0 | 4.24 | 90% | 245 | 22 |
| 2023 | 18 | $13.5M | $4.1M | 30.4% | 30.5% | 0 | 3.35 | 93% | 239 | 26 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Amg 2 0 Holdco Inc | 5% or greater indirect ownership interest | 100 | 2019-12 | |
| August Rantz | corporate officer | 100 | 2019-12 | |
| August Rantz | corporate director | 100 | 2009-02 | |
| Timothy Howard | corporate officer | 100 | 2019-12 | |
| Timothy Howard | corporate director | 100 | 2019-12 | |
| April Ebeling | w-2 managing employee | 50 | 2020-06 | |
| Amg 2 0 Llc | 5% or greater direct ownership interest | 2019-11 | ||
| Jessica Mcgee | corporate director | 2009-02 |
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 |