Southcoast Behavioral Health
Dartmouth, Bristol County, MA
· CCN 224041
Licensed to Northeast Behavioral Health Llc
Composite
32.8
rank score
Distress
0
FY2023
Fit
82
vs thesis
Estimated ticket
$52.8M–$211M
192 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $63.3M |
| Operating margin | 30.2% |
| Total margin | 35.4% |
| Days cash on hand | 277 |
| Current ratio | 9.76 |
| Occupancy | 83% |
Facility
| Beds | 192 |
| 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 | 144 | $44.4M | $10.3M | 22.9% | 22.7% | 162 | 3.51 | 93% | 3,753 | 0 |
| 2021 | 144 | $46.9M | $15.2M | 25.8% | 30.4% | 250 | 5.02 | 96% | 3,248 | 0 |
| 2022 | 146 | $50.8M | $19.2M | 27.5% | 34.2% | 246 | 8.62 | 96% | 3,094 | 0 |
| 2023 | 192 | $63.3M | $24.2M | 30.2% | 35.4% | 277 | 9.76 | 83% | 3,956 | 0 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Acadia Healthcare Company Inc | 5% or greater direct ownership interest | 75 | 2012-07 | |
| Southcoast Health System Inc | 5% or greater direct ownership interest | 25 | 2015-03 | |
| Brian Farley | corporate officer | 2023-07 | ||
| Deborah Kraemer | w-2 managing employee | 2012-06 | ||
| Debra Osteen | corporate officer | 2026-01 | ||
| Shaun Doherty | w-2 managing employee | 2026-04 | ||
| Stacie Harty | w-2 managing employee | 2018-06 | ||
| Timothy Sides | w-2 managing employee | 2023-06 | ||
| Todd Young | corporate officer | 2025-10 |
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 MA
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 |
|---|---|---|---|---|
| 2019-02-15 | Wp Acquisition Sub Llc | Hvl Corporation | Haverhill Pavilion | 71 |