Haven Behavioral Hospital Of Frisco
Frisco, Denton County, TX · CCN 454134
Composite
77.4
rank score
Distress
92
FY2023
Fit
90
vs thesis
Estimated ticket
$13.5M–$53.9M
70 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
- margin deteriorating sharply
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- 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 | $14.1M |
| Operating margin | -31.5% |
| Total margin | -30.1% |
| Days cash on hand | 0 |
| Current ratio | 0.61 |
| Occupancy | 79% |
Facility
| Beds | 70 |
| 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 | 70 | $13.8M | $-1.9M | -15.0% | -13.4% | 0 | 0.86 | 71% | 2,244 | 87 |
| 2021 | 70 | $15.3M | $-541K | -4.0% | -3.5% | 0 | 1.28 | 88% | 2,908 | 64 |
| 2022 | 70 | $13.6M | $-3.1M | -22.7% | -22.5% | 0 | 0.86 | 78% | 2,726 | 87 |
| 2023 | 70 | $14.1M | $-4.3M | -31.5% | -30.1% | 0 | 0.61 | 79% | 2,595 | 92 |
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 |