Belmont Behavioral Healthcare
dba Belmont Behavioral Hospital ·
Philadelphia, Philadelphia County, PA
· CCN 394023
Licensed to Belmont Behavioral Hospital Llc
Composite
57.1
rank score
Distress
44
FY2024
Fit
88
vs thesis
Estimated ticket
$69.3M–$277M
252 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin under 2%
- under 30 days cash on hand
- current liabilities exceed current assets
- liabilities exceed assets
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- large — ticket likely stretches the envelope
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $90.8M |
| Operating margin | 0.9% |
| Total margin | 10.2% |
| Days cash on hand | 0 |
| Current ratio | 0.94 |
| Occupancy | 90% |
Facility
| Beds | 252 |
| 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 | 180 | $59.8M | $-23.3M | -48.9% | -35.4% | 0 | 2.52 | 98% | 3,527 | 78 |
| 2022 | 252 | $67.5M | $-4.5M | -13.3% | -6.0% | 0 | 1.16 | 78% | 3,373 | 77 |
| 2023 | 252 | $84.5M | $8.0M | -2.9% | 8.4% | 0 | 1.06 | 88% | 3,513 | 52 |
| 2024 | 252 | $90.8M | $10.2M | 0.9% | 10.2% | 0 | 0.94 | 90% | 3,809 | 44 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Acadia Healthcare Company Inc | 5% or greater direct ownership interest | 100 | 2015-07 | chain |
| Brian Farley | corporate officer | 2023-07 | ||
| Deborah Kraemer | w-2 managing employee | 2012-06 | ||
| Debra Osteen | corporate officer | 2026-01 | ||
| Jacqueline Basile | w-2 managing employee | 2025-01 | ||
| 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.