Legent Orthopedic Hospital Carrollto
dba Legent Orthopedic Hospital Carrollton ·
Carrollton, TX
· CCN 670265
Licensed to Ethicus Hospital Dfw Llc
Composite
72.7
rank score
Distress
100
FY2024
Fit
67
vs thesis
Estimated ticket
$7.7M–$30.8M
22 beds ·
within envelope
Ownership
for-profit
PE
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
- occupancy below 30%
- margin deteriorating sharply
- recently acquired by private equity
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- very small facility
- small ticket — deploys little of the available capital
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $36.3M |
| Operating margin | -25.2% |
| Total margin | -11.7% |
| Days cash on hand | 7 |
| Current ratio | -0.00 |
| Occupancy | 20% |
Facility
| Beds | 22 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 45 | $3.4M | $-1.2M | -33.8% | -34.8% | 17 | 0.33 | 7% | 101 | 100 |
| 2021 | 45 | $29.5M | $-723K | -13.6% | -2.2% | 0 | 1.43 | 40% | 836 | 74 |
| 2022 | 22 | $40.7M | $1.7M | -17.5% | 3.5% | 0 | 0.83 | 12% | 374 | 79 |
| 2023 | 20 | $36.8M | $-4.9M | -19.0% | -12.6% | 6 | 0.44 | 12% | 353 | 100 |
| 2024 | 22 | $36.3M | $-4.8M | -25.2% | -11.7% | 7 | -0.00 | 20% | 629 | 100 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Psn Affiliates, Llc - Blackstone Drive Series | 5% or greater direct ownership interest | 80 | 2025-09 | PE |
| Prism One Buyer, Llc | 5% or greater indirect ownership interest | 60 | 2025-10 | |
| Prism One Intermediate Co I Llc | 5% or greater indirect ownership interest | 60 | 2025-10 | |
| Prism One Intermediate Co Ii Llc | 5% or greater indirect ownership interest | 60 | 2025-10 | |
| Prism One Llc | 5% or greater indirect ownership interest | 60 | 2025-10 | |
| Psn Group Llc | 5% or greater indirect ownership interest | 60 | 2025-10 | |
| Psn Invesco Llc | 5% or greater indirect ownership interest | 56 | 2022-08 | |
| Jordan Fowler | corporate officer | 49 | 2019-08 | |
| General Atlantic Oo Collections Lp | 5% or greater indirect ownership interest | 43 | 2025-10 | |
| Psn Holdings, Llc | 5% or greater indirect ownership interest | 41 | 2022-08 | |
| General Atlantic Partners Aiv Oo Lp | 5% or greater indirect ownership interest | 40 | 2025-10 | |
| Ga Aiv-1 B Interholdco Oo Lp | 5% or greater indirect ownership interest | 23 | 2025-10 | |
| Ga Aiv-1b Lp Interholdco Lp | 5% or greater indirect ownership interest | 23 | 2025-10 | |
| General Atlantic Aiv Oo Blocker Llc | 5% or greater indirect ownership interest | 23 | 2025-10 | |
| General Atlantic Partners Aiv-1 B, Lp | 5% or greater indirect ownership interest | 23 | 2025-10 | |
| Iynfyl, Llc | 5% or greater indirect ownership interest | 16 | 2022-08 | |
| Melanie Fowler | 5% or greater indirect ownership interest | 14 | 2022-08 | |
| General Atlantic Partners Aiv-1 A, Lp | 5% or greater indirect ownership interest | 14 | 2025-10 | |
| Hutch Family Holdings, Llc | 5% or greater indirect ownership interest | 12 | 2022-08 | |
| Be Consultants, Llc | 5% or greater indirect ownership interest | 12 | 2022-08 | |
| Prism One Management Holdings, Llc | 5% or greater indirect ownership interest | 9 | 2025-10 | |
| Mj Fowler 678 Trust | 5% or greater indirect ownership interest | 7 | 2025-10 | |
| Eric King | 5% or greater indirect ownership interest | 6 | 2022-08 | |
| Hss Oo Holdco, Inc | 5% or greater indirect ownership interest | 5 | 2025-10 | |
| Frisco Spine Hospital | 5% or greater indirect ownership interest | 3 | 2025-09 |
Showing 25 of 41. Full list via /api/targets/670265.
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 |
|---|---|---|---|---|
| 2025-02-01 | Texas Heart Hospital Of The Southwest Llc | Baylor Heart & Vascular Center Llp | Baylor Heart And Vascular Hospital | 56 |
| 2024-10-30 | Hsa Port Arthur, Llc | The Medical Center Of Southeast Texas Lp | The Medical Ctr Of Southeast Texas | 196 |
| 2024-10-30 | Hsa St. Joseph, Llc | Sj Medical Center Llc | St Joseph Medical Center | 156 |
| 2024-10-17 | Big Spring Texas Hospital Company Llc | Steward Texas Hospital Holdings Llc | Scenic Mountain Medical Center | 75 |
| 2024-10-17 | Odessa Texas Hospital Company Llc | Odessa Regional Hospital Lp | Odessa Regional Hospital | 208 |
| 2024-06-01 | Columbia Medical Center Of Denton... | Decatur Health Services Llc | Medical City Denton | 184 |
| 2024-03-11 | Nacogdoches County Hospital District | Lion Star Nacogdoches Hospital, Llc | Nacogdoches Memorial Hosp | 160 |
| 2024-01-01 | Ahs Sherman Llc | Sherman Grayson Hospital Llc | Wilson N Jones Regional Medical Ctr | 214 |
| 2023-04-01 | Methodist Healthcare System Of San... | Hill Country Memorial Hospital | Hill Country Memorial Hospital | 57 |
| 2021-06-01 | Methodist Hospitals Of Dallas | Metsl, Llc | Methodist Southlake Medical Center | 22 |
| 2020-10-27 | Hendrick Medical Center | Armc Lp | Hendrick Medical Center | 533 |
| 2020-10-27 | Hendrick Medical Center Brownwood | Brownwood Hospital Lp | Hendrick Medical Center Brownwood | 63 |
| 2020-07-01 | St Joseph Regional Health Center | St Joseph Regional Health Center | St. Joseph Regional Health Center | 284 |
| 2020-04-01 | Christus Santa Rosa Health Care Corporation | Adventist Health System/sunbelt, Inc. | Christus Santa Rosa - San Marcos | 105 |
| 2020-03-01 | Sana Healthcare Carrollton | Baylor Medical Center At Carrollton | Carrollton Regional Medical Center | 89 |