Zachary-Amg Specialty Hospital
dba Zachary - Amg Specialty Hospital ·
Zachary, E. Baton Rouge Parish County, LA
· CCN 192041
Licensed to Ltac Hospital Of Feliciana Llc
Composite
34.0
rank score
Distress
25
FY2023
Fit
57
vs thesis
Estimated ticket
$4.8M–$19.2M
16 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- 30-60 days cash on hand
- margin deteriorating sharply
- 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 | $7.4M |
| Operating margin | 19.7% |
| Total margin | 19.7% |
| Days cash on hand | 51 |
| Current ratio | 4.22 |
| Occupancy | 70% |
Facility
| Beds | 16 |
| 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 | 16 | $8.0M | $2.5M | 26.8% | 31.4% | 90 | 6.13 | 73% | 154 | 10 |
| 2021 | 16 | $8.0M | $2.4M | 23.4% | 28.2% | 124 | 6.01 | 72% | 160 | 4 |
| 2022 | 16 | $7.8M | $1.8M | 22.9% | 22.9% | 110 | 5.92 | 76% | 162 | 4 |
| 2023 | 16 | $7.4M | $1.5M | 19.7% | 19.7% | 51 | 4.22 | 70% | 139 | 25 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Amg 2 0 Holdco Inc | 5% or greater indirect ownership interest | 100 | 2019-12 | |
| Amg Employee Stock Ownership Plan | 5% or greater indirect ownership interest | 100 | 2019-12 | |
| August Rantz | corporate officer | 100 | 2019-12 | |
| August Rantz | corporate director | 100 | 2009-04 | |
| Timothy Howard | corporate officer | 100 | 2019-12 | |
| Timothy Howard | corporate director | 100 | 2009-04 | |
| Amg 2 0 Llc | 5% or greater direct ownership interest | 71 | 2018-04 | |
| John Landreneau | w-2 managing employee | 50 | 2022-03 | |
| Jessica Mcgee | corporate officer | 25 | 2009-04 | |
| Mark Mouton | 5% or greater direct ownership interest | 12 | 2016-01 |
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 |