Lakeland Regional Hospital
dba Lakeland Behavioral Health System ·
Springfield, Greene County, MO
· CCN 264024
Licensed to Lakeland Hospital Acquisition Llc
Composite
51.1
rank score
Distress
32
FY2023
Fit
87
vs thesis
Estimated ticket
$27.5M–$110M
100 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- 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 | $43.7M |
| Operating margin | 17.1% |
| Total margin | 17.5% |
| Days cash on hand | 0 |
| Current ratio | -0.19 |
| Occupancy | 73% |
Facility
| Beds | 100 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 100 | $31.4M | $3.4M | 10.4% | 10.5% | 0 | -0.16 | 71% | 2,470 | 36 |
| 2021 | 100 | $32.7M | $3.4M | 9.9% | 10.5% | 0 | -0.20 | 69% | 2,310 | 36 |
| 2022 | 100 | $38.3M | $5.4M | 13.9% | 14.1% | 0 | -0.30 | 69% | 1,882 | 36 |
| 2023 | 100 | $43.7M | $7.7M | 17.1% | 17.5% | 0 | -0.19 | 73% | 1,818 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Acadia Healthcare Company Inc | 5% or greater direct ownership interest | 100 | 2011-04 | chain |
| Brian Farley | corporate officer | 2023-07 | ||
| Christopher Hunter | corporate officer | 2022-04 | ||
| Deborah Kraemer | w-2 managing employee | 2012-06 | ||
| Nathan Duncan | w-2 managing employee | 2014-02 | ||
| Stacie Harty | w-2 managing employee | 2018-06 | ||
| 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.