Solutions Medical Consulting Llc
dba Serenty Springs Specialty Hospital ·
Ruston, Lincoln Parish County, LA
· CCN 194074
Licensed to Solutions Medical Consulting, Llc
Composite
54.2
rank score
Distress
69
FY2023
Fit
58
vs thesis
Estimated ticket
$842K–$1.7M
18 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin below -10%
- total margin negative
- 30-60 days cash on hand
- current ratio below 0.8
- margin deteriorating sharply
- rural — cheaper but limited density
- specialty facility — narrower problem scope
- 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 | $4.9M |
| Operating margin | -11.0% |
| Total margin | -1.2% |
| Days cash on hand | 56 |
| Current ratio | -107.45 |
| Occupancy | 97% |
Facility
| Beds | 18 |
| Facility type | PH |
| Setting | rural |
| Ownership class | for-profit |
| Per-bed (low) | $46.8K |
| Per-bed (high) | $93.5K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 18 | $3.7M | $1.2M | -6.3% | 23.8% | 142 | -126.26 | 72% | 444 | 40 |
| 2021 | 18 | $4.2M | $-489K | -11.9% | -11.7% | 76 | -66.42 | 84% | 562 | 68 |
| 2022 | 18 | $4.1M | $-23.9K | -5.0% | -0.6% | 76 | -41.45 | 84% | 591 | 53 |
| 2023 | 18 | $4.9M | $-64.1K | -11.0% | -1.2% | 56 | -107.45 | 97% | 689 | 69 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adrian Williams | corporate director | 100 | 2012-08 | |
| Aruna Gullapalli | 5% or greater direct ownership interest | 38 | 2010-03 | |
| Rambabu Gullapalli | 5% or greater direct ownership interest | 38 | 2010-03 | |
| Kendall Corkern | 5% or greater direct ownership interest | 25 | 2010-03 | |
| Adrian Williams | w-2 managing employee | 2012-08 | ||
| Cynthia Broadway | corporate officer | 2011-01 | ||
| Cynthia Broadway | w-2 managing employee | 2011-01 |
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 |
|---|---|---|---|---|
| 2020-05-22 | Tdpk, Llc | Cypress Grove Behavioral Health Llc | Cypress Grove Behavioral Health | 60 |
| 2016-11-10 | Ness Healthcare Nfp | Mbh Of Louisiana, Llc | Northlake Behavioral Health System | 140 |