Sunrise Canyon Hospital
dba Starcare Specialty Health System/sunrise Canyon Hospital ·
Lubbock, Lubbock County, TX
· CCN 454093
Licensed to Lubbock Regional Mhmr Center
Composite
53.0
rank score
Distress
43
FY2024
Fit
84
vs thesis
Estimated ticket
$8.2M–$33.0M
30 beds ·
within envelope
Ownership
government
PH
Why it ranks here
- operating margin below -10%
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- small but workable bed count
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $2.2M |
| Operating margin | -276.6% |
| Total margin | 16.7% |
| Days cash on hand | — |
| Current ratio | — |
| Occupancy | 69% |
Facility
| Beds | 30 |
| Facility type | PH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $275K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 30 | $2.3M | $-200K | -194.9% | -3.0% | — | — | 42% | 594 | 85 |
| 2022 | 30 | $2.0M | $-1.2M | -227.9% | -21.7% | — | — | 54% | 59 | 88 |
| 2023 | 30 | $2.7M | $-1.2M | -165.2% | -20.5% | — | — | 57% | 753 | 88 |
| 2024 | 30 | $2.2M | $1.7M | -276.6% | 16.7% | — | — | 69% | 808 | 43 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Beth Lawson | operational/managerial control | 100 | 2017-10 | |
| Gracie Montalvo | other | 2020-02 |
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 |
|---|---|---|---|---|
| 2020-07-01 | Lpnt Bh Acquisition 2, Llc | Srp Behavioral Hospital Of Fort Worth Llc | Wellbridge Healthcare Fort Worth | 48 |