dealflow
envelope $200M

← Targets

Centerpointe Hospital

St. Charles, St. Charles County, MO · CCN 264012
Licensed to Little Hills Healthcare Llc

Composite
54.2
rank score
Distress
39
FY2023
Fit
87
vs thesis
Estimated ticket
$28.6M–$114M
104 beds · within envelope
Ownership
for-profit
PH

Why it ranks here

  • under 30 days cash on hand
  • current ratio below 0.8
  • debt above 85% of 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 · FY2023

Net patient revenue$35.7M
Operating margin 3.6%
Total margin 4.5%
Days cash on hand 0
Current ratio 0.63
Occupancy87%

Facility

Beds104
Facility typePH
Settingurban
Ownership classfor-profit
Per-bed (low) $275K
Per-bed (high) $1.1M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 78 $28.3M $-1.2M -10.1% -4.1% 0.93 80% 2,659 63
2021 104 $37.4M $5.5M 14.3% 14.6% 1.81 86% 3,113 0
2022 104 $37.6M $837K 1.8% 2.2% 0 0.57 80% 3,140 50
2023 104 $35.7M $1.6M 3.6% 4.5% 0 0.63 87% 3,586 39

Owners

OwnerRole%SinceType
Acadia Healthcare Company Inc
Franklin, TN
5% or greater indirect ownership interest 100 2022-01 chain
Centerpointe Behavioral Health System Llc
Franklin, TN
5% or greater direct ownership interest 100 2022-01
Cp Acquisition Sub, Llc
Franklin, TN
5% or greater indirect ownership interest 100 2022-01
Brian Farley corporate officer 2023-07
Christopher Hunter corporate officer 2022-04
Deborah Kraemer w-2 managing employee 2022-01
Karen Kasten w-2 managing employee 2022-01
Stacie Harty w-2 managing employee 2022-01
Timothy Sides w-2 managing employee 2023-06
Todd Young corporate officer 2025-10

Ownership changes

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