dealflow
envelope $200M

← Targets

Vibra Hospital Of Clear Lake

dba Clear Lake-Amg Specialty Hospital · Webster, Harris County, TX · CCN 452032
Licensed to Clear Lake-Amg Specialty Hospital, Inc.

Already transacted. CMS recorded an ownership change effective 2026-01-01. Confirm the current owner before spending a call on this.
Composite
22.8
rank score
Distress
76
FY2024
Fit
77
vs thesis
Estimated ticket
$18.5M–$73.9M
88 beds · within envelope
Ownership
for-profit
LTCH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • current liabilities exceed current assets
  • liabilities exceed assets
  • occupancy below 30%
  • margin deteriorating sharply
  • TX: favorable regulatory climate
  • urban — higher occupancy and iteration surface
  • LTCH — distress here is a payment-model artifact
  • bed count in the target band
  • ticket size somewhat below the envelope
  • very low occupancy — limited volume to learn from
  • for-profit — no charitable conversion review
  • changed ownership 2026-01-01 — likely already transacted

Latest financials · FY2024

Net patient revenue$12.7M
Operating margin -50.6%
Total margin -50.5%
Days cash on hand 186
Current ratio 0.82
Occupancy23%

Facility

Beds88
Facility typeLTCH
Settingurban
Ownership classfor-profit
Per-bed (low) $210K
Per-bed (high) $840K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 74 $29.1M $520K 1.6% 1.8% 0 -0.42 61% 612 46
2022 74 $28.4M $2.2M 6.7% 7.6% 127 -7.66 56% 553 20
2023 74 $20.0M $-2.1M -12.1% -10.1% 113 1.97 44% 350 54
2024 88 $12.7M $-6.4M -50.6% -50.5% 186 0.82 23% 294 76

Owners

OwnerRole%SinceType
Amg 5.0, Llc
Lafayette, LA
5% or greater direct ownership interest 100 2026-01
Antonio Bonilla w-2 managing employee 50 2026-05
August Rantz 5% or greater indirect ownership interest 50 2026-01
August Rantz corporate officer 50 2026-01
Rantz Iv Enterprises Llc
Lafayette, LA
5% or greater indirect ownership interest 50 2026-01
Benjamin Miller 5% or greater indirect ownership interest 25 2026-01
Benjamin Miller corporate officer 25 2026-01
Jessica Mcgee corporate officer 25 2026-01
Timothy Howard corporate officer 25 2026-01
Timothy Howard 5% or greater indirect ownership interest 20 2026-01
The 2024 Helena Catherine Howard Inter Vivos Trust No. 1
Lafayette, LA
5% or greater indirect ownership interest 5 2026-01

Ownership changes

DateTypeBuyerSeller
2026-01-01 change of ownership Clear Lake-Amg Specialty Hospital, Inc. Chg Hospital Houston Llc

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.

DateBuyerSellerHospitalBeds
2026-01-01 Houston-Amg Specialty Hospital, Inc. Plaza Specialty Hospital, Llc Houston Healthcare Specialty Hosp. 44
2026-01-01 Clear Lake-Amg Specialty Hospital, Inc. Chg Hospital Houston Llc Vibra Hospital Of Clear Lake 88
2024-08-01 Hhn Tx1 Llc Kpc Promise Hospital Of Wichita Falls Llc Kpc Promise Hospital Of Wichita Fall 31
2024-05-19 Amarillo Specialty Hospital Kpc Promise Hospital Of Amarillo Llc Kpc Promise Hospital Of Amarillo Llc 54
2019-09-30 Pam Specialty Hospital Of San Antonio Llc New San Antonio Specialty Hospital, Llc Pam Spc Hosp Of San Antonio Med Ctr 62
2019-09-30 Lifecare 2.1, Llc New Lifecare Hospitals Of North Texas, Llc Lifecare Spec Hosp Of North Texas 206
2016-06-28 Knd Development 68 Llc Select Specialty Hospital - San Antonio Inc Kindred Hospital San Antonio Central 44