Landmark Hospital Of Columbia Llc
dba Landmark Hospital Of Columbia Llc ·
Columbia, Boone County, MO
· CCN 262020
Licensed to Landmark Hospital Of Columbia Llc
Composite
62.6
rank score
Distress
83
FY2023
Fit
63
vs thesis
Estimated ticket
$4.8M–$19.3M
23 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- 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 | $17.4M |
| Operating margin | -5.7% |
| Total margin | -4.8% |
| Days cash on hand | 1 |
| Current ratio | 0.54 |
| Occupancy | 97% |
Facility
| Beds | 23 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $210K |
| Per-bed (high) | $840K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 23 | $10.2M | $1.1M | -36.5% | 9.3% | 0 | 0.56 | 81% | 282 | 74 |
| 2021 | 23 | $13.1M | $-870K | -9.2% | -6.5% | 0 | 0.49 | 79% | 234 | 81 |
| 2022 | 23 | $13.5M | $-3.1M | -22.7% | -22.6% | 0 | 0.49 | 89% | 244 | 91 |
| 2023 | 23 | $17.4M | $-846K | -5.7% | -4.8% | 1 | 0.54 | 97% | 324 | 83 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Landmark Holdings Of Florida, Llc | 5% or greater direct ownership interest | 98 | 2007-06 | |
| William Kapp | 5% or greater direct ownership interest | 98 | 2007-06 | |
| Kevin Murray | corporate officer | 2022-04 | ||
| Rebekah Palmatier | operational/managerial control | 2017-05 | ||
| Tracy Larose | corporate director | 2020-03 | ||
| William Kapp | corporate director | 2007-06 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.