Dallas Behavioral Healthcare
De Soto, Dallas County, TX
· CCN 454126
Licensed to Dallas Behavioral Healthcare Hospital, Llc
Composite
75.3
rank score
Distress
82
FY2023
Fit
96
vs thesis
Estimated ticket
$22.3M–$89.3M
116 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
- liabilities exceed assets
- 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 · FY2023
| Net patient revenue | $17.8M |
| Operating margin | -45.9% |
| Total margin | -27.0% |
| Days cash on hand | 0 |
| Current ratio | 0.08 |
| Occupancy | 66% |
Facility
| Beds | 116 |
| 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 | 116 | $15.7M | $-7.1M | -48.8% | -43.3% | 0 | 0.05 | 62% | 3,469 | 91 |
| 2021 | 116 | $20.0M | $-1.5M | -10.9% | -7.2% | 11 | 0.03 | 63% | 2,817 | 87 |
| 2022 | 116 | $19.1M | $-3.4M | -21.7% | -17.3% | 0 | 0.02 | 56% | 2,898 | 93 |
| 2023 | 116 | $17.8M | $-5.5M | -45.9% | -27.0% | 0 | 0.08 | 66% | 3,359 | 82 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Nancy Purtell | corporate officer | 100 | 2022-04 | |
| Nancy Purtell | operational/managerial control | 100 | 2022-04 | |
| Signature Healthcare Services, Llc | 5% or greater direct ownership interest | 100 | 2012-05 | |
| Soon Kim | 5% or greater indirect ownership interest | 100 | 2012-05 | |
| Soon Kim | operational/managerial control | 100 | 2012-05 | |
| Nabil Zaiour | corporate officer | 50 | 2021-05 | |
| Nabil Zaiour | w-2 managing employee | 50 | 2021-05 | |
| Nabil Zaiour | operational/managerial control | 50 | 2021-05 |
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 |