Kpc Promise Hospital Of Amarillo Llc
dba Texas Specialty Hospital ·
Amarillo, Potter County, TX
· CCN 452060
Licensed to Amarillo Specialty Hospital
Already transacted. CMS recorded an ownership change effective
2024-05-19. Confirm the current owner before spending a call on this.
Composite
25.7
rank score
Distress
100
FY2024
Fit
71
vs thesis
Estimated ticket
$11.3M–$45.4M
54 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- 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
- small ticket — deploys little of the available capital
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
- changed ownership 2024-05-19 — likely already transacted
Latest financials · FY2024
| Net patient revenue | $5.6M |
| Operating margin | -43.0% |
| Total margin | -42.9% |
| Days cash on hand | 0 |
| Current ratio | 0.33 |
| Occupancy | 30% |
Facility
| Beds | 54 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $210K |
| Per-bed (high) | $840K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 37 | $15.5M | $32.4K | -4.4% | 0.2% | 5 | 2.90 | 71% | 373 | 41 |
| 2022 | 37 | $14.8M | $1.1M | -10.5% | 6.5% | 1 | 3.22 | 62% | 342 | 50 |
| 2023 | 37 | $4.2M | $-1.3M | -54.7% | -24.4% | 9 | 0.14 | 36% | 118 | 86 |
| 2024 | 54 | $5.6M | $-2.4M | -43.0% | -42.9% | 0 | 0.33 | 30% | 155 | 100 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Amarillo Specialty Hospital | 5% or greater direct ownership interest | 100 | 2024-05 | |
| Gurpreet Randhawa | 5% or greater direct ownership interest | 100 | 2024-05 | |
| Melany Mccarty | corporate officer | 2024-05 | ||
| Shamsher Bhullar | operational/managerial control | 2024-05 | ||
| Tammy Thompson | corporate officer | 2024-05 | ||
| Tammy Thompson | operational/managerial control | 2024-05 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2024-05-19 | change of ownership | Amarillo Specialty Hospital | Kpc Promise Hospital Of Amarillo 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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 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 |