dealflow
envelope $200M

← Targets

Lafayette Physical Rehab

dba Lafayette-Amg Physical Rehabilitation Hospital · Lafayette, Lafayette Parish County, LA · CCN 193093
Licensed to Lafayette Physical Rehabilitation Hospital Llc

Composite
61.0
rank score
Distress
69
FY2024
Fit
75
vs thesis
Estimated ticket
$8.8M–$35.4M
32 beds · within envelope
Ownership
for-profit
RH

Why it ranks here

  • operating margin -10% to -5%
  • total margin -8% to -3%
  • under 30 days cash on hand
  • current liabilities exceed current assets
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • 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$11.1M
Operating margin -8.7%
Total margin -7.9%
Days cash on hand 0
Current ratio 1.00
Occupancy64%

Facility

Beds32
Facility typeRH
Settingurban
Ownership classfor-profit
Per-bed (low) $276K
Per-bed (high) $1.1M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 32 $10.1M $661K 3.7% 6.4% 0 1.23 67% 552 37
2022 32 $12.5M $2.8M 20.4% 21.8% 0 2.36 66% 576 22
2023 32 $11.6M $487K 4.1% 4.2% 0 1.12 63% 544 26
2024 32 $11.1M $-890K -8.7% -7.9% 0 1.00 64% 571 69

Owners

OwnerRole%SinceType
Amg 2 0 Holdco Inc
Lafayette, LA
5% or greater indirect ownership interest 100 2022-01
Amg 2.0, Llc
Lafayette, LA
5% or greater direct ownership interest 100 2022-01
Amg Employee Stock Ownership Plan
Lafayette, LA
5% or greater indirect ownership interest 100 2022-01
August Rantz corporate officer 100 2022-01
Timothy Howard corporate officer 100 2003-09
Abby Aucoin w-2 managing employee 50 2026-02
Jessica Mcgee corporate officer 10 2013-01

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.

DateBuyerSellerHospitalBeds
2024-01-01 Rosemill Llc United Medical Healthcare Inc United Medical Rehabilitation Hospit 40