Miramount Behavioral Health
dba Miramont Behavioral Health ·
Middleton, WI
· CCN 524042
Licensed to Sbh-Madison Llc
Composite
59.2
rank score
Distress
72
FY2023
Fit
67
vs thesis
Estimated ticket
$13.9M–$55.4M
72 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin negative
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy 30-45%
- 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
- thin occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $16.2M |
| Operating margin | -4.4% |
| Total margin | -4.2% |
| Days cash on hand | 0 |
| Current ratio | 0.08 |
| Occupancy | 38% |
Facility
| Beds | 72 |
| 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 | — | — | — | — | — | — | — | — | — | — |
| 2022 | 72 | $9.3M | $-2.0M | -21.8% | -21.3% | 0 | 4.41 | 22% | 832 | 87 |
| 2023 | 72 | $16.2M | $-680K | -4.4% | -4.2% | 0 | 0.08 | 38% | 1,393 | 72 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brian Walton | corporate officer | 100 | 2026-03 | |
| Brian Walton | w-2 managing employee | 100 | 2026-03 | |
| James Hinkle | corporate officer | 100 | 2026-03 | |
| Sbhc Holdings Llc | 5% or greater indirect ownership interest | 100 | 2021-12 | |
| Sperry Holdco Llc | 5% or greater indirect ownership interest | 100 | 2025-01 | |
| Summit Behavioral Healthcare Llc | 5% or greater indirect ownership interest | 100 | 2021-12 | |
| Summit Behavioral Holdings I Llc | 5% or greater direct ownership interest | 100 | 2021-12 | |
| Summit Behavioral Holdings Llc | 5% or greater indirect ownership interest | 100 | 2021-12 | |
| Psc Sperry Buyer Llc | 5% or greater indirect ownership interest | 96 | 2021-12 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.