Austin Oaks Hospital
Austin, Travis County, TX
· CCN 454121
Licensed to Texas Oaks Psychiatric Hospital Lp
Composite
62.3
rank score
Distress
49
FY2024
Fit
96
vs thesis
Estimated ticket
$22.0M–$88.0M
80 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin under 2%
- total margin under 2%
- under 30 days cash on hand
- liabilities exceed assets
- 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
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $18.8M |
| Operating margin | 0.9% |
| Total margin | 1.7% |
| Days cash on hand | 0 |
| Current ratio | 3.53 |
| Occupancy | 62% |
Facility
| Beds | 80 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| 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 | 80 | $15.0M | $1.3M | 7.8% | 8.6% | 0 | 1.05 | 65% | 2,853 | 37 |
| 2022 | 80 | $16.2M | $1.3M | 7.3% | 8.0% | 0 | 1.11 | 65% | 2,820 | 37 |
| 2023 | 80 | $19.0M | $1.4M | 7.3% | 7.4% | 0 | 1.47 | 67% | 2,919 | 37 |
| 2024 | 80 | $18.8M | $325K | 0.9% | 1.7% | 0 | 3.53 | 62% | 2,770 | 49 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cheryl Ramagano | corporate officer | 100 | 2003-02 | |
| George Brunner | corporate officer | 100 | 2003-02 | |
| Katharine Lyver | corporate officer | 100 | 2024-01 | |
| Matthew Klein | corporate officer | 100 | 2010-10 | |
| Matthew Peterson | corporate officer | 100 | 2019-09 | |
| Matthew Peterson | operational/managerial control | 100 | 2019-09 | |
| Psychiatric Solutions Hospitals Llc | 5% or greater indirect ownership interest | 100 | 2003-02 | |
| Psychiatric Solutions, Inc. | 5% or greater indirect ownership interest | 100 | 2003-02 | |
| Steve Filton | corporate officer | 100 | 2003-02 | |
| Steve Filton | operational/managerial control | 100 | 2003-02 | |
| Thomas Day | corporate officer | 100 | 2021-07 | |
| Uhs Of Delaware Inc | operational/managerial control | 100 | 2003-02 | chain |
| Universal Health Services Inc | 5% or greater indirect ownership interest | 100 | 2003-02 | |
| Texas Hospital Holdings Inc | 5% or greater direct ownership interest | 99 | 2003-02 | |
| Texas Hospital Holdings Inc | limited partnership interest | 99 | 2003-02 | |
| Alan Miller | 5% or greater indirect ownership interest | 87 | 2023-03 | |
| James Coleman | contracted managing employee | 50 | 2003-02 | |
| Matthew Peterson | corporate director | 33 | 2019-09 | |
| Steve Filton | corporate director | 33 | 2013-02 | |
| Thomas Day | corporate director | 33 | 2021-07 | |
| Texas Hospital Holdings Llc | 5% or greater direct ownership interest | 1 | 2003-02 | |
| Texas Hospital Holdings Llc | general partnership interest | 1 | 2003-02 | |
| Margo Wilhelm | contracted managing employee | 2019-03 | ||
| Margo Wilhelm | corporate officer | 2019-03 | ||
| Richard Bennett | contracted managing employee | 2025-03 |
Showing 25 of 26. Full list via /api/targets/454121.
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 |