Beaumont Behavioral Health
dba Metropolitan Behavioral Health ·
Dearborn, Wayne County, MI
· CCN 234045
Licensed to Michigan Bh Jv Llc
Composite
53.2
rank score
Distress
42
FY2024
Fit
81
vs thesis
Estimated ticket
$31.4M–$125M
114 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $36.2M |
| Operating margin | 11.3% |
| Total margin | 11.4% |
| Days cash on hand | 7 |
| Current ratio | 0.09 |
| Occupancy | 87% |
Facility
| Beds | 114 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 48 | $3.2M | $-4.8M | -155.0% | -145.3% | 0 | 0.03 | 68% | 387 | 91 |
| 2023 | 92 | $21.3M | $-1.5M | -8.5% | -7.0% | 0 | 0.08 | 95% | 2,035 | 81 |
| 2024 | 114 | $36.2M | $4.2M | 11.3% | 11.4% | 7 | 0.09 | 87% | 2,920 | 42 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Steve Filton | corporate officer | 100 | 2018-09 | |
| Steve Filton | operational/managerial control | 100 | 2018-09 | |
| Uhs Of Delaware Inc | operational/managerial control | 100 | 2018-09 | chain |
| Alan Miller | 5% or greater indirect ownership interest | 83 | 2018-09 | |
| Havenwyck Hospital Inc | 5% or greater direct ownership interest | 70 | 2018-09 | |
| James Coleman | contracted managing employee | 50 | 2018-09 | |
| Oakwood Affiliated Ventures,inc. | 5% or greater direct ownership interest | 30 | 2018-09 | |
| Christopher Flores | corporate director | 2021-06 | ||
| Darren Jones | corporate director | 2021-06 | ||
| Diane Henneman | corporate director | 2021-06 | ||
| Lee Odom | corporate director | 2021-06 | ||
| Michelle Jackson | corporate director | 2021-06 | ||
| Michigan Psychiatric Services, Inc | 5% or greater indirect ownership interest | 2018-09 | ||
| Premier Behavioral Solutions, Inc. | 5% or greater indirect ownership interest | 2021-09 | ||
| Psychiatric Solutions, Inc. | 5% or greater indirect ownership interest | 2018-09 | ||
| Robert Deney | corporate director | 2021-06 | ||
| Steve Filton | corporate director | 2018-09 | ||
| Universal Health Services Inc | 5% or greater indirect ownership interest | 2018-09 |
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 |