Medical Behavioral Hospital Of Clear
Houston, Harris County, TX
· CCN 454151
Licensed to Medical Behavioral Hospital Of Clear Lake, Llc
Composite
69.6
rank score
Distress
72
FY2023
Fit
93
vs thesis
Estimated ticket
$17.7M–$70.8M
92 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
- liabilities exceed assets
- occupancy 45-60%
- 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 | $12.8M |
| Operating margin | -29.9% |
| Total margin | -29.6% |
| Days cash on hand | 0 |
| Current ratio | 2.16 |
| Occupancy | 52% |
Facility
| Beds | 92 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 92 | $6.5M | $-8.7M | -133.9% | -133.4% | 4 | 2.45 | 27% | 417 | 87 |
| 2022 | 92 | $13.2M | $-6.6M | -50.4% | -50.4% | 0 | 0.41 | 51% | 1,288 | 93 |
| 2023 | 92 | $12.8M | $-3.8M | -29.9% | -29.6% | 0 | 2.16 | 52% | 1,496 | 72 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Michael Romedy | w-2 managing employee | 100 | 2025-01 | |
| Neuropychiatric Hospitals Llc | 5% or greater direct ownership interest | 100 | 2019-02 | |
| Christy Keltner | corporate director | 2024-04 |
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 |