dealflow
envelope $200M

← Targets

St. Landry Extended Care

Opelousas, St. Landry Parish County, LA · CCN 192034

Composite
32.8
rank score
Distress
28
FY2023
Fit
51
vs thesis
Estimated ticket
$1.4M–$2.9M
24 beds · within envelope
Ownership
for-profit
LTCH

Why it ranks here

  • current ratio below 0.8
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • 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$5.6M
Operating margin 2.6%
Total margin 2.6%
Days cash on hand
Current ratio -0.04
Occupancy90%

Facility

Beds24
Facility typeLTCH
Settingrural
Ownership classfor-profit
Per-bed (low) $60.0K
Per-bed (high) $120K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 24 $6.6M $609K 10.1% 9.3% -0.05 63% 270 17
2022 24 $6.4M $465K 7.2% 7.2% -0.03 60% 247 20
2023 24 $5.6M $146K 2.6% 2.6% -0.04 90% 204 28

Owners

No ownership records — CMS has no owner filings mapped to this CCN.

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.

DateBuyerSellerHospitalBeds
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