dealflow
envelope $200M

← Targets

El Paso Psychiatric Center

El Paso, El Paso County, TX · CCN 454100
Licensed to Health And Human Services Commission

Composite
66.2
rank score
Distress
67
FY2024
Fit
90
vs thesis
Estimated ticket
$18.0M–$72.0M
77 beds · within envelope
Ownership
government
PH

Why it ranks here

  • operating margin below -10%
  • under 30 days cash on hand
  • current ratio below 0.8
  • TX: favorable regulatory climate
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • bed count in the target band
  • ticket size somewhat below the envelope
  • strong occupancy — good iteration surface
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$22.1M
Operating margin -15.8%
Total margin
Days cash on hand 0
Current ratio -86.50
Occupancy88%

Facility

Beds77
Facility typePH
Settingurban
Ownership classgovernment
Per-bed (low) $234K
Per-bed (high) $935K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 74 $14.2M $-17.0M -19.8% -119.8% 0 -75.04 58% 344 82
2022 74 $16.3M $-19.0M -16.8% -116.8% 0 -82.92 67% 361 80
2023 77 $19.4M $-22.9M -14.4% 3,081.0% 0 70.13 80% 332 50
2024 77 $22.1M $-25.6M -15.8% 0 -86.50 88% 442 67

Owners

OwnerRole%SinceType
Kristy Carr corporate director 2023-01
Kristy Carr operational/managerial control 2023-01
Zulema Carrillo w-2 managing employee 2017-09

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.

DateBuyerSellerHospitalBeds
2020-07-01 Lpnt Bh Acquisition 2, Llc Srp Behavioral Hospital Of Fort Worth Llc Wellbridge Healthcare Fort Worth 48