Ubh Denton Hospital
dba University Behavioral Health Of Denton ·
Denton, Denton County, TX
· CCN 454104
Licensed to Uhp Lp
Composite
76.9
rank score
Distress
84
FY2023
Fit
93
vs thesis
Estimated ticket
$20.0M–$80.1M
104 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- occupancy 45-60%
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- 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
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $17.7M |
| Operating margin | -20.3% |
| Total margin | -19.5% |
| Days cash on hand | 0 |
| Current ratio | 0.06 |
| Occupancy | 55% |
Facility
| Beds | 104 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $192K |
| Per-bed (high) | $770K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 104 | $18.2M | $1.6M | 5.2% | 8.4% | 0 | 0.61 | 58% | 2,568 | 38 |
| 2021 | 104 | $19.2M | $173K | 0.6% | 0.9% | 0 | 0.07 | 59% | 2,590 | 48 |
| 2022 | 104 | $19.0M | $-1.6M | -8.4% | -8.3% | 0 | 0.03 | 57% | 2,846 | 77 |
| 2023 | 104 | $17.7M | $-3.5M | -20.3% | -19.5% | 0 | 0.06 | 55% | 3,151 | 84 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| 2026 W University Properties Llc | 5% or greater indirect ownership interest | 100 | 2005-06 | |
| Ascend Health Corporation | 5% or greater indirect ownership interest | 100 | 2004-05 | |
| Cheryl Ramagano | corporate officer | 100 | 2012-10 | |
| Cheryl Ramagano | operational/managerial control | 100 | 2012-10 | |
| George Brunner | corporate officer | 100 | 2012-10 | |
| Katharine Lyver | corporate officer | 100 | 2024-01 | |
| Matthew Klein | corporate officer | 100 | 2012-10 | |
| Matthew Peterson | corporate officer | 100 | 2019-09 | |
| Matthew Peterson | operational/managerial control | 100 | 2019-09 | |
| Steve Filton | corporate officer | 100 | 2012-10 | |
| Steve Filton | operational/managerial control | 100 | 2012-10 | |
| Thomas Day | corporate officer | 100 | 2021-07 | |
| Uhs Of Delaware Inc | operational/managerial control | 100 | 2012-10 | chain |
| Universal Health Services Inc | 5% or greater indirect ownership interest | 100 | 2012-10 | |
| Beach 77 Lp | 5% or greater direct ownership interest | 99 | 2005-06 | |
| Beach 77 Lp | limited partnership interest | 99 | 2005-06 | |
| Alan Miller | 5% or greater indirect ownership interest | 87 | 2024-03 | |
| James Coleman | contracted managing employee | 50 | 2012-10 | |
| Matthew Peterson | corporate director | 33 | 2019-09 | |
| Steve Filton | corporate director | 33 | 2012-10 | |
| Thomas Day | corporate director | 33 | 2021-07 | |
| Island 77 Llc | 5% or greater direct ownership interest | 1 | 2005-06 | |
| Island 77 Llc | general partnership interest | 1 | 2005-06 | |
| Ascend Health Corporation | operational/managerial control | 2005-07 | ||
| Latosha Rivers | contracted managing employee | 2021-10 |
Showing 25 of 28. Full list via /api/targets/454104.
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 |