dealflow
envelope $200M

← Targets

The Peak Hospital

dba Peak Behavioral Health Services, Llc · Santa Teresa, Dona Ana County, NM · CCN 324012
Licensed to Sbh El Paso Llc

Composite
51.3
rank score
Distress
42
FY2023
Fit
81
vs thesis
Estimated ticket
$24.2M–$96.8M
88 beds · within envelope
Ownership
for-profit
PH

Why it ranks here

  • under 30 days cash on hand
  • current ratio below 0.8
  • margin deteriorating sharply
  • 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$31.7M
Operating margin 10.2%
Total margin 11.9%
Days cash on hand 0
Current ratio 0.25
Occupancy70%

Facility

Beds88
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 88 $21.3M $3.8M 15.7% 17.3% 0 0.65 56% 1,919 38
2021 88 $23.8M $4.5M 16.8% 18.4% 0 0.91 59% 2,120 33
2022 88 $27.6M $4.7M 12.1% 16.4% 0 0.66 64% 2,483 40
2023 88 $31.7M $3.8M 10.2% 11.9% 0 0.25 70% 2,223 42

Owners

OwnerRole%SinceType
Brian Walton corporate officer 100 2026-03
Brian Walton w-2 managing employee 100 2026-03
James Hinkle corporate officer 100 2026-03
Sbhc Holdings Llc
Franklin, TN
5% or greater indirect ownership interest 100 2021-12
Sperry Holdco Llc
Franklin, TN
5% or greater indirect ownership interest 100 2025-01
Summit Behavioral Healthcare Llc
Franklin, TN
5% or greater indirect ownership interest 100 2021-12
Summit Behavioral Holdings I Llc
Franklin, TN
5% or greater direct ownership interest 100 2021-12
Summit Behavioral Holdings Llc
Franklin, TN
5% or greater indirect ownership interest 100 2021-12
Psc Sperry Buyer Llc
Menlo Park, CA
5% or greater indirect ownership interest 96 2021-12

Ownership changes

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