Adventhealth Rollins Brook
Lampasas, Lampasas County, TX
· CCN 451323
Licensed to Metroplex Adventist Hospital, Inc.
Composite
31.6
rank score
Distress
11
FY2023
Fit
62
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- occupancy below 30%
- margin slipping
- part of a multi-hospital chain — divestiture candidate
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $21.0M |
| Operating margin | 4.3% |
| Total margin | 13.3% |
| Days cash on hand | 393 |
| Current ratio | 5.14 |
| Occupancy | 24% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $16.2M | $2.6M | -0.3% | 14.0% | 565 | -17.91 | 32% | 264 | 34 |
| 2021 | 25 | $20.1M | $5.3M | 11.0% | 22.8% | 630 | 5.47 | 37% | 441 | 6 |
| 2022 | 25 | $22.9M | $-1.8M | 14.9% | -10.2% | 694 | 2.50 | 31% | 359 | 22 |
| 2023 | 25 | $21.0M | $3.1M | 4.3% | 13.3% | 393 | 5.14 | 24% | 330 | 11 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adventist Health System Sunbelt Healthcare Corporation | 5% or greater direct ownership interest | 68 | 2008-07 | chain |
| Scott & White Memorial Hospital | 5% or greater direct ownership interest | 32 | 2008-07 | |
| Abdul Subhani | corporate director | 2021-12 | ||
| Amanda Brady | corporate officer | 2020-02 | ||
| Beverly Morgan | corporate officer | 2025-08 | ||
| Christopher Olsen | corporate director | 2023-09 | ||
| David Connell | corporate director | 2016-10 | ||
| David Huffman | corporate officer | 2020-02 | ||
| Erin Parde | contracted managing employee | 2025-09 | ||
| Erin Parde | corporate officer | 2025-09 | ||
| Erin Parde | operational/managerial control | 2025-09 | ||
| Gordon Bates | corporate director | 2025-03 | ||
| Gregory Haralson | corporate director | 2024-03 | ||
| Haney Vincent | corporate director | 2021-12 | ||
| Harry Papaconstantiou | corporate director | 2018-04 | ||
| Jeffrey Graff | corporate officer | 2020-03 | ||
| Jennifer Swenson | contracted managing employee | 2025-10 | ||
| Jennifer Swenson | corporate officer | 2025-10 | ||
| Jennifer Swenson | operational/managerial control | 2025-10 | ||
| Jesse Sutton | corporate officer | 2016-09 | ||
| Jesse Sutton | corporate director | 2019-09 | ||
| John Page | corporate director | 2016-06 | ||
| Lynn Addiscott | corporate officer | 2006-02 | ||
| Mary Kliewer | corporate director | 2006-01 | ||
| Michael Saunders | corporate officer | 2017-09 |
Showing 25 of 33. Full list via /api/targets/451323.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
Who has been buying in TX
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2024-03-01 | Muleshoe Area Hospital District | Preferred Hospital Leasing Muleshoe Inc | Muleshoe Area Medical Center | 25 |
| 2023-07-01 | Pecos County Memorial Hospital District | Pecos County Memorial Hospital | Pecos County Memorial Hospital | 25 |
| 2021-10-01 | Preferred Hospital Leasing Shamrock Inc | South Wheeler County Hospital District | Shamrock General Hospital | 25 |
| 2019-07-01 | Bosque County Hospital District | Goodall-Witcher Hospital Authority | Goodall-Witcher Hospital Authority | 25 |
| 2017-10-01 | Winkler County Hospital District | County Of Winkler | Memorial Hospital | 16 |