Oceans Behavioral Hospital Tupelo
dba Oceans Behavioral Hospital Of Tupelo ·
Tupelo, Lee County, MS
· CCN 254013
Licensed to Oceans Behavioral Hospital Of Tupelo Llc
Composite
70.8
rank score
Distress
89
FY2023
Fit
75
vs thesis
Estimated ticket
$6.5M–$26.2M
34 beds ·
within envelope
Ownership
for-profit
PE
Why it ranks here
- operating margin below -10%
- total margin below -8%
- current ratio below 0.8
- liabilities exceed assets
- recently acquired by private equity
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- small but workable bed count
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $5.0M |
| Operating margin | -66.2% |
| Total margin | -66.1% |
| Days cash on hand | — |
| Current ratio | -6.44 |
| Occupancy | 62% |
Facility
| Beds | 34 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $192K |
| Per-bed (high) | $770K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 34 | $5.0M | $-3.3M | -66.2% | -66.1% | — | -6.44 | 62% | 468 | 89 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Oceans Acquisition Inc | 5% or greater direct ownership interest | 100 | 2023-01 | |
| Oceans Buyer, Inc. | 5% or greater indirect ownership interest | 100 | 2023-01 | |
| Oceans Midco, Inc. | 5% or greater indirect ownership interest | 100 | 2023-01 | |
| Oceans Topco, Inc. | 5% or greater indirect ownership interest | 100 | 2023-01 | |
| Oceans Ultimate Holdco, Lp | 5% or greater indirect ownership interest | 100 | 2023-01 | |
| Webster Equity Partners V, Lp | 5% or greater indirect ownership interest | 51 | 2023-01 | PE |
| Webster Oceans Co-Investment Fund, Lp | 5% or greater indirect ownership interest | 33 | 2023-01 | |
| Wasque Partners Ii Spe, Lp | 5% or greater indirect ownership interest | 10 | 2023-01 | |
| Oceans Ultimate Holdco Gp, Llc | 5% or greater indirect ownership interest | 1 | 2023-01 | |
| Kasie Wood | w-2 managing employee | 2023-01 | ||
| Laura Tarantino | corporate officer | 2023-01 | ||
| Laura Tarantino | corporate director | 2023-01 | ||
| Laura Tarantino | operational/managerial control | 2023-01 | ||
| Stuart Archer | corporate director | 2023-01 | ||
| Stuart Archer | operational/managerial control | 2023-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.