Samaritan Behavioral Center
Detroit, Wayne County, MI
· CCN 234040
Licensed to Madison Community Hospital Inc.
Composite
58.5
rank score
Distress
66
FY2023
Fit
72
vs thesis
Estimated ticket
$12.9M–$51.4M
55 beds ·
within envelope
Ownership
nonprofit
PH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $15.2M |
| Operating margin | -14.9% |
| Total margin | -5.8% |
| Days cash on hand | 1 |
| Current ratio | 1.60 |
| Occupancy | 83% |
Facility
| Beds | 55 |
| Facility type | PH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $234K |
| Per-bed (high) | $935K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 55 | $15.3M | $1.4M | -2.8% | 8.0% | 17 | 1.01 | 90% | 1,204 | 49 |
| 2021 | 55 | $15.5M | $2.1M | 0.1% | 12.0% | 6 | 1.65 | 85% | 1,086 | 29 |
| 2022 | 55 | $14.6M | $1.4M | -8.1% | 8.2% | 24 | 1.96 | 79% | 873 | 44 |
| 2023 | 55 | $15.2M | $-961K | -14.9% | -5.8% | 1 | 1.60 | 83% | 945 | 66 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ryan Gunabalan | corporate officer | 100 | 2015-10 | |
| Ryan Gunabalan | w-2 managing employee | 100 | 2015-10 | |
| Ryan Gunabalan | operational/managerial control | 100 | 2015-10 | |
| Laurie Sall | corporate director | 2012-01 | ||
| Robert Clemente | corporate director | 2009-01 | ||
| Ryan Gunabalan | corporate director | 2009-04 | ||
| T & G Corporation Inc | operational/managerial control | 2009-04 | ||
| Timothy Dengel | corporate director | 2009-01 |
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 MI
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 |
|---|---|---|---|---|
| 2025-02-23 | Hfhs-Acadia Joint Venture Llc | Henry Ford Health System | Kingswood Hospital | 221 |