dealflow
envelope $200M

← Targets

Center For Behavioral Medicine

Kansas City, Jackson County, MO · CCN 264008
Licensed to State Of Missouri

Composite
68.8
rank score
Distress
86
FY2024
Fit
75
vs thesis
Estimated ticket
$12.5M–$50.0M
65 beds · within envelope
Ownership
government
PH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • 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
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$15.1M
Operating margin -181.9%
Total margin -175.5%
Days cash on hand
Current ratio
Occupancy86%

Facility

Beds65
Facility typePH
Settingurban
Ownership classgovernment
Per-bed (low) $192K
Per-bed (high) $770K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 65 $16.9M $-12.0M -84.6% -62.6% 90% 95 83
2022 65 $18.0M $-12.7M -77.0% -66.6% 93% 78 83
2023 65 $17.9M $-18.7M -107.1% -102.4% 96% 115 83
2024 65 $15.1M $-27.1M -181.9% -175.5% 86% 31 86

Owners

OwnerRole%SinceType
State Of Missouri
Jefferson City, MO
5% or greater direct ownership interest 100 1966-07
Becky Norbury w-2 managing employee 2012-02
Donna Siebeneck w-2 managing employee 2014-10
Gloria Gehlert w-2 managing employee 2016-04
Jeanette Simmons w-2 managing employee 2014-08
Molly Boeckmann corporate director 2020-07
Molly Boeckmann w-2 managing employee 2020-07
Nashaat Boutros w-2 managing employee 2014-02
Tyler Rinehart w-2 managing employee 2019-07

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.