Southeast Behavioral Hospital
Cape Girardeau, MO
· CCN 264034
Licensed to Cape Girardeau Behavioral Health Llc
Composite
53.2
rank score
Distress
42
FY2024
Fit
81
vs thesis
Estimated ticket
$13.8M–$55.0M
50 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed 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
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $16.0M |
| Operating margin | 8.0% |
| Total margin | 9.3% |
| Days cash on hand | 0 |
| Current ratio | 0.05 |
| Occupancy | 74% |
Facility
| Beds | 50 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 30 | $27.5K | $-1.3M | -4,744.5% | -4,436.6% | 0 | -0.00 | 20% | 94 | 100 |
| 2022 | 50 | $5.1M | $-6.4M | -126.2% | -126.1% | 0 | 0.04 | 45% | 628 | 97 |
| 2023 | 50 | $11.5M | $-1.2M | -14.4% | -10.1% | 0 | 0.04 | 68% | 1,878 | 91 |
| 2024 | 50 | $16.0M | $1.5M | 8.0% | 9.3% | 0 | 0.05 | 74% | 2,096 | 42 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Matthew Klein | corporate officer | 100 | 2020-08 | |
| Shelah Adams | corporate officer | 100 | 2021-03 | |
| Steve Filton | corporate officer | 100 | 2020-08 | |
| Steve Filton | operational/managerial control | 100 | 2020-08 | |
| Thomas Day | corporate officer | 100 | 2021-07 | |
| Uhs Of Delaware Inc | 5% or greater indirect ownership interest | 100 | 2021-08 | chain |
| Uhs Of Delaware Inc | operational/managerial control | 100 | 2020-08 | chain |
| Universal Health Services Inc | 5% or greater indirect ownership interest | 100 | 2020-08 | |
| Alan Miller | 5% or greater indirect ownership interest | 87 | 2024-03 | |
| Uhs Midwest Behavioral Health Llc | 5% or greater direct ownership interest | 75 | 2020-08 | |
| James Coleman | contracted managing employee | 50 | 2020-08 | |
| Steve Filton | corporate director | 33 | 2020-08 | |
| Thomas Day | corporate director | 33 | 2021-07 | |
| Southeast Hospital | 5% or greater direct ownership interest | 25 | 2020-08 | |
| Kenneth Bateman | contracted managing employee | 2021-03 | ||
| Kenneth Bateman | corporate officer | 2021-03 | ||
| Mariellena Sudak | corporate officer | 2021-03 | ||
| Matthew Janzow | corporate officer | 2021-03 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.