dealflow
envelope $200M

← Targets

Behavioral Healthcare Centers Llc

dba Unity Psychiatric Care- Clarksville · Clarksville, Montgomery County, TN · CCN 444019
Licensed to Behavioral Healthcare Center At Clarksville, Llc

Composite
54.3
rank score
Distress
46
FY2023
Fit
84
vs thesis
Estimated ticket
$7.2M–$28.6M
26 beds · within envelope
Ownership
for-profit
PH

Why it ranks here

  • operating margin -10% to -5%
  • total margin under 2%
  • under 30 days cash on hand
  • current ratio under 1.5
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • small but workable bed count
  • small ticket — deploys little of the available capital
  • strong occupancy — good iteration surface
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$5.4M
Operating margin -6.4%
Total margin 0.8%
Days cash on hand 0
Current ratio 1.05
Occupancy70%

Facility

Beds26
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 26 $2.9M $-319K -47.2% -8.0% 106 2.72 37% 182 54
2021 26 $3.7M $-606K -31.8% -14.2% 0 5.60 46% 257 69
2022 26 $4.5M $-263K -14.9% -5.3% 2 1.49 60% 348 66
2023 26 $5.4M $48.2K -6.4% 0.8% 0 1.05 70% 421 46

Owners

OwnerRole%SinceType
American Health Companies Llc
Franklin, TN
5% or greater direct ownership interest 100 2010-01
Flp Limited Partnership
Tampa, FL
5% or greater indirect ownership interest 100 2021-04
Mfo Ahp Llc
Birmingham, MI
5% or greater indirect ownership interest 99 2021-04
Ahp Orchards Llc
Southfield, MI
5% or greater indirect ownership interest 93 2021-04
Mark Mitchell 5% or greater indirect ownership interest 47 2021-04
Orchard Holdings Llc
Birmingham, MI
5% or greater indirect ownership interest 47 2021-04
Mitchell Family Irrevocable Trust U/a Dated December 28, 2012
Birmingham, MI
5% or greater indirect ownership interest 24 2021-04
Orchard Holdings Ii Llc
Birmingham, MI
5% or greater indirect ownership interest 24 2021-04
Orchard Holdings Iii, Llc
Birmingham, MI
5% or greater indirect ownership interest 24 2021-04
Mitchell Family Ii Irrevocable Trust U/a Dated October 26, 2016
Birmingham, MI
5% or greater indirect ownership interest 12 2021-04
Mitchell Family Iii Irrevocable Trust U/a Dated July 14, 2017
Birmingham, MI
5% or greater indirect ownership interest 12 2021-04
American Health Partners Management Llc
Franklin, TN
operational/managerial control 2020-01
Jeffrey Bogle corporate officer 2016-04
Jeffrey Bogle corporate director 2016-12
Juanita Dufour w-2 managing employee 2026-02
Michael Bailey corporate officer 2016-04
Michael Bailey corporate director 2017-05
Robin Bradley corporate officer 2018-04
Robin Bradley corporate director 2018-04

Ownership changes

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