Cornerstone Specialty West Monroe
dba Cornerstone Specialty Hospitals West Monroe ·
West Monroe, Ouachita County, LA
· CCN 192031
Licensed to Vista Specialty Hospital Of West Monroe Llc
Composite
68.3
rank score
Distress
94
FY2024
Fit
65
vs thesis
Estimated ticket
$8.6M–$34.4M
41 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy 45-60%
- margin deteriorating sharply
- 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
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $11.9M |
| Operating margin | -42.4% |
| Total margin | -35.6% |
| Days cash on hand | 0 |
| Current ratio | 0.28 |
| Occupancy | 58% |
Facility
| Beds | 41 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $210K |
| Per-bed (high) | $840K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 47 | $16.8M | $949K | 5.1% | 5.6% | 0 | 8.13 | 77% | 443 | 22 |
| 2022 | 47 | $17.0M | $1.4M | 8.3% | 8.5% | 0 | 18.21 | 72% | 478 | 22 |
| 2023 | 41 | $17.3M | $320K | -0.0% | 1.8% | 0 | 0.97 | 72% | 456 | 61 |
| 2024 | 41 | $11.9M | $-4.5M | -42.4% | -35.6% | 0 | 0.28 | 58% | 314 | 94 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Specialty Healthcare Holdings Llc | 5% or greater direct ownership interest | 100 | 2025-07 | |
| Post Acute Solutions Llc | 5% or greater indirect ownership interest | 70 | 2025-07 | |
| Marc Ferrell | 5% or greater indirect ownership interest | 32 | 2025-07 | |
| Swenda Beitpoulice | 5% or greater indirect ownership interest | 32 | 2025-07 | |
| Twenty-Four Healthcare Group, Inc. | 5% or greater indirect ownership interest | 32 | 2025-07 | |
| Specialty Investment Group Llc | 5% or greater indirect ownership interest | 30 | 2025-07 | |
| Br Mr Spousal Trust Holdings Llc | 5% or greater indirect ownership interest | 15 | 2025-07 | |
| Arb Op Ventures Llc | 5% or greater indirect ownership interest | 15 | 2025-07 | |
| Brian K Reynolds Spousal Tr Ua | 5% or greater indirect ownership interest | 14 | 2025-07 | |
| Finbar Scully Spousal Trust Agreement | 5% or greater indirect ownership interest | 12 | 2025-07 | |
| Antoinette Saldivar | 5% or greater indirect ownership interest | 7 | 2025-07 | |
| Brian Reynolds | other | 2025-07 | ||
| Finbar Scully | other | 2025-07 | ||
| Marc Ferrell | corporate director | 2025-07 | ||
| Marc Ferrell | operational/managerial control | 2025-07 | ||
| Swenda Beitpoulice | corporate director | 2025-07 | ||
| Swenda Beitpoulice | operational/managerial control | 2025-07 |
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 |