Wellbridge Healthcare Greater Dallas
Plano, Collin County, TX · CCN 454130
Composite
75.6
rank score
Distress
88
FY2023
Fit
90
vs thesis
Estimated ticket
$9.2M–$37.0M
48 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 liabilities exceed current assets
- liabilities exceed assets
- margin deteriorating sharply
- 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
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $8.8M |
| Operating margin | -41.8% |
| Total margin | -41.8% |
| Days cash on hand | 0 |
| Current ratio | 0.82 |
| Occupancy | 75% |
Facility
| Beds | 48 |
| 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 | 48 | $5.2M | $-166K | -3.2% | -3.2% | 0 | 1.09 | 70% | 333 | 64 |
| 2021 | 48 | $11.8M | $786K | 6.6% | 6.6% | 3 | 1.19 | 81% | 1,073 | 33 |
| 2022 | 48 | $7.9M | $-3.5M | -44.7% | -43.8% | — | 0.70 | 65% | 1,179 | 89 |
| 2023 | 48 | $8.8M | $-3.7M | -41.8% | -41.8% | 0 | 0.82 | 75% | 1,207 | 88 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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 |