Siloam Springs Memorial Hospital
dba Siloam Springs Regional Hospital ·
Siloam Springs, Benton County, AR
· CCN 040001
Licensed to Siloam Springs Arkansas Hospital Company Llc
Composite
48.8
rank score
Distress
47
FY2024
Fit
69
vs thesis
Estimated ticket
$22.0M–$88.0M
44 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- occupancy 30-45%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- small but workable bed count
- ticket size somewhat below the envelope
- thin occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $87.0M |
| Operating margin | 4.1% |
| Total margin | 4.5% |
| Days cash on hand | 0 |
| Current ratio | -2.88 |
| Occupancy | 31% |
Facility
| Beds | 44 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 44 | $38.2M | $5.5M | 9.7% | 13.8% | 1 | -0.57 | 27% | 1,407 | 44 |
| 2022 | 64 | $73.7M | $13.6M | 13.1% | 17.5% | 1 | -0.87 | 27% | 1,533 | 44 |
| 2023 | 64 | $85.0M | $9.9M | 8.4% | 11.3% | 0 | -0.83 | 22% | 1,636 | 44 |
| 2024 | 44 | $87.0M | $3.9M | 4.1% | 4.5% | 0 | -2.88 | 31% | 1,534 | 47 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Chs Community Health Systems Inc | 5% or greater indirect ownership interest | 100 | 2013-10 | |
| Community Health Investment Company Llc | 5% or greater indirect ownership interest | 100 | 2013-10 | |
| Community Health Systems Inc | 5% or greater indirect ownership interest | 100 | 2013-10 | |
| Siloam Springs Holdings, Llc | 5% or greater direct ownership interest | 100 | 2009-02 | |
| Christopher Cobb | corporate officer | 2017-04 | ||
| Edna Buffington-Price | corporate director | 2022-03 | ||
| Eric Naegler | w-2 managing employee | 2023-08 | ||
| Jason Johnson | corporate officer | 2020-01 | ||
| Justin Pitt | corporate officer | 2022-03 | ||
| Justin Pitt | corporate director | 2022-03 | ||
| Kevin Hammons | corporate officer | 2022-03 | ||
| Kevin Hammons | corporate director | 2022-03 | ||
| Nathaniel Summar | corporate director | 2017-07 | ||
| Paula Lalor | corporate director | 2017-04 | ||
| Roman Ottinger | corporate officer | 2020-01 | ||
| William Cash | corporate officer | 2018-06 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2021-08-01 | acquisition/merger | Siloam Springs Arkansas... | Fayetteville Arkansas Hospital... |
Who has been buying in AR
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 |
|---|---|---|---|---|
| 2023-12-03 | Baptist Health | Drew Memorial Hospital, Inc | Drew Memorial Hospital Inc | 49 |
| 2023-07-01 | South Arkansas Regional Hospital Llc | Mcsa Llc | South Arkansas Regional Hospital Llc | 105 |
| 2021-08-01 | Siloam Springs Arkansas Hospital... | Fayetteville Arkansas Hospital Company Llc | Siloam Springs Memorial Hospital | 44 |
| 2020-10-01 | Magnolia Regional Health System Inc | Magnolia Regional Medical Center | Magnolia Regional Health System Inc | 29 |
| 2018-11-01 | Baptist Health Regional Hospitals | Fort Smith Hma, Llc | Baptist Health Medical Center - Fs | 314 |
| 2018-11-01 | Baptist Health Regional Hospitals | Van Buren Hma Llc | Baptist Health Medical Center - Vb | 74 |