dealflow
envelope $200M

← Targets

Oakwood Springs

Oklahoma City, OK · CCN 374025
Licensed to Oakwood Springs Llc

Composite
60.5
rank score
Distress
62
FY2023
Fit
81
vs thesis
Estimated ticket
$16.8M–$67.3M
72 beds · within envelope
Ownership
for-profit
PH

Why it ranks here

  • operating margin negative
  • total margin -8% to -3%
  • current liabilities exceed current assets
  • debt above 85% of assets
  • 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$22.7M
Operating margin -4.1%
Total margin -4.0%
Days cash on hand
Current ratio 0.84
Occupancy86%

Facility

Beds72
Facility typePH
Settingurban
Ownership classfor-profit
Per-bed (low) $234K
Per-bed (high) $935K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 72 $17.5M $570K 3.0% 3.3% 0.15 72% 5,213 31
2021 72 $19.1M $833K 4.2% 4.4% 0.82 79% 2,503 21
2022 72 $16.7M $994K -8.9% 5.2% 1.24 72% 2,451 43
2023 72 $22.7M $-905K -4.1% -4.0% 0.84 86% 2,903 62

Owners

OwnerRole%SinceType
Dsb Acquisition Llc
New York, NY
5% or greater indirect ownership interest 100 2024-03
Lifepoint Behavioral Health, Llc
Brentwood, TN
5% or greater indirect ownership interest 100 2024-03
Lifepoint Health Inc
Brentwood, TN
5% or greater indirect ownership interest 100 2024-03
Lifepoint Rehab Blocker Llc
Brentwood, TN
5% or greater indirect ownership interest 100 2024-03
Lifepoint Rehab Blocker Parent Llc
Brentwood, TN
5% or greater indirect ownership interest 100 2024-03
Lifepoint Rehab Llc
Brentwood, TN
5% or greater indirect ownership interest 100 2024-03
Lpnt Autumn Holdco, Llc
Brentwood, TN
5% or greater indirect ownership interest 100 2024-03
Springstone Health Opco, Llc
Louisville, KY
5% or greater direct ownership interest 100 2014-09
Charlotte Lawrence corporate officer 2023-02
Christopher Jagoditz corporate officer 2025-10
Christopher Monte corporate officer 2023-02
Elliott Brown corporate officer 2026-04
Jayne Vanbramer w-2 managing employee 2019-09
Lifepoint Behavioral Health Services, Llc
Brentwood, TN
operational/managerial control 2023-02
Marcus Poppell other 2023-02
Martin Mann corporate officer 2023-02
Nicoletta Tessler corporate officer 2025-08

Ownership changes

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