dealflow
envelope $200M

← Targets

Behavorial Health Centers

dba Unity Psychiatric Care- Columbia · Columbia, Maury County, TN · CCN 444021
Licensed to Behavioral Healthcare Center At Columbia, Llc

Composite
55.8
rank score
Distress
59
FY2023
Fit
73
vs thesis
Estimated ticket
$3.7M–$15.0M
16 beds · within envelope
Ownership
for-profit
PH

Why it ranks here

  • operating margin negative
  • total margin under 2%
  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • strong occupancy — good iteration surface
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$4.9M
Operating margin -4.6%
Total margin 1.7%
Days cash on hand 1
Current ratio 0.18
Occupancy90%

Facility

Beds16
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 16 $2.7M $-221K -38.3% -6.2% 0 -1.81 49% 253 78
2021 16 $3.7M $-158K -20.2% -3.7% 0 -2.35 69% 306 76
2022 16 $4.6M $384K -0.9% 7.7% 0 -1.56 86% 397 51
2023 16 $4.9M $91.4K -4.6% 1.7% 1 0.18 90% 374 59

Owners

OwnerRole%SinceType
American Health Companies Llc
Franklin, TN
5% or greater direct ownership interest 100 2010-08
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
Gregory Haynes w-2 managing employee 2025-04
Jeffrey Bogle corporate officer 2016-04
Jeffrey Bogle corporate director 2016-12
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.