East Tennessee Behavioral Health
Knoxville, Knox County, TN
· CCN 444032
Licensed to Dowell Springs Behavioral Health, Llc
Composite
67.5
rank score
Distress
73
FY2024
Fit
82
vs thesis
Estimated ticket
$17.3M–$69.3M
90 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current liabilities exceed current assets
- occupancy 30-45%
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- thin occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $12.5M |
| Operating margin | -68.8% |
| Total margin | -68.7% |
| Days cash on hand | 0 |
| Current ratio | 0.84 |
| Occupancy | 42% |
Facility
| Beds | 90 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $192K |
| Per-bed (high) | $770K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 90 | $4.5M | $-8.6M | -191.5% | -191.5% | 0 | 1.98 | 28% | 927 | 76 |
| 2024 | 90 | $12.5M | $-8.6M | -68.8% | -68.7% | 0 | 0.84 | 42% | 1,860 | 73 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Acadia Healthcare Company Inc | 5% or greater indirect ownership interest | 100 | 2019-02 | chain |
| Acadia Jv Holdings Llc | 5% or greater indirect ownership interest | 100 | 2019-02 | |
| Acadia Knoxville Holdings, Llc | 5% or greater direct ownership interest | 70 | 2019-02 | |
| Fortress Corporation & Subsidiaries | 5% or greater direct ownership interest | 30 | 2019-02 | |
| Brian Farley | corporate officer | 2023-07 | ||
| Deborah Kraemer | w-2 managing employee | 2022-04 | ||
| Debra Osteen | corporate officer | 2026-01 | ||
| Kelly George | w-2 managing employee | 2023-07 | ||
| Stacie Harty | w-2 managing employee | 2022-04 | ||
| 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.