Beacon Beh Hosp Northshore
Lacombe, St. Tammany Parish County, LA
· CCN 194080
Licensed to Beacon Behavioral Hospital Northshore, Llc
Composite
34.6
rank score
Distress
20
FY2023
Fit
64
vs thesis
Estimated ticket
$6.0M–$24.2M
22 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- under 30 days cash on hand
- urban — higher occupancy and iteration surface
- 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 | $5.6M |
| Operating margin | 7.9% |
| Total margin | 9.3% |
| Days cash on hand | 0 |
| Current ratio | 4.54 |
| Occupancy | 79% |
Facility
| Beds | 22 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $275K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 22 | $4.2M | $-59.6K | -13.1% | -1.3% | 0 | 12.32 | 66% | 530 | 58 |
| 2021 | 22 | $4.7M | $496K | 10.7% | 10.7% | 0 | 5.35 | 67% | 515 | 22 |
| 2022 | 22 | $4.4M | $-342K | -8.7% | -7.7% | 0 | 50.18 | 64% | 601 | 57 |
| 2023 | 22 | $5.6M | $522K | 7.9% | 9.3% | 0 | 4.54 | 79% | 603 | 20 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Beacon Hospital Management, Llc | 5% or greater direct ownership interest | 100 | 2020-12 | |
| Phillip Wendell | corporate officer | 100 | 2020-12 | |
| Phillip Wendell | corporate director | 100 | 2020-12 | |
| Phillip Wendell | w-2 managing employee | 100 | 2020-12 | |
| Phillip Wendell | 5% or greater indirect ownership interest | 7 | 2020-12 |
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 |