Baptist Health Medical Center - Vb
dba Baptist Health - Van Buren ·
Van Buren, Crawford County, AR
· CCN 040018
Licensed to Baptist Health Regional Hospitals
Composite
65.3
rank score
Distress
90
FY2023
Fit
62
vs thesis
Estimated ticket
$25.9M–$104M
74 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- occupancy below 30%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size somewhat below the envelope
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $10.7M |
| Operating margin | -20.8% |
| Total margin | -17.1% |
| Days cash on hand | 1 |
| Current ratio | -150.45 |
| Occupancy | 2% |
Facility
| Beds | 74 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| 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 | 44 | $9.6M | $4.4M | -58.6% | 22.5% | 2 | 31.56 | 4% | 261 | 63 |
| 2021 | 74 | $12.0M | $9.2M | -61.4% | 32.2% | 10 | 55.01 | 6% | 382 | 59 |
| 2022 | 59 | $12.0M | $-4.4M | -58.1% | -30.2% | 1 | 12.88 | 6% | 429 | 76 |
| 2023 | 74 | $10.7M | $-1.9M | -20.8% | -17.1% | 1 | -150.45 | 2% | 183 | 90 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Baptist Health | operational/managerial control | 100 | 2018-11 | |
| Brent Beaulieu | corporate officer | 2019-01 | ||
| Brent Beaulieu | w-2 managing employee | 2019-01 | ||
| Chris Brune | corporate director | 2026-01 | ||
| David Mitchell | corporate director | 2026-01 | ||
| Glenn Millner | corporate director | 2026-01 | ||
| Herren Hickingbotham | corporate director | 2026-01 | ||
| James Jones | corporate director | 2026-01 | ||
| John Mcmorran | corporate director | 2026-01 | ||
| Judy Henry | corporate director | 2026-01 | ||
| Lamarr Bailey | corporate director | 2026-01 | ||
| Larry White | corporate director | 2026-01 | ||
| Les Warren | corporate director | 2026-01 | ||
| Lindsey Lorence | corporate director | 2026-01 | ||
| Louis Lee | corporate director | 2026-01 | ||
| Michael Akin | corporate director | 2026-01 | ||
| Ronald Dedman | corporate director | 2026-01 | ||
| Steven Booth | corporate director | 2026-01 | ||
| Steven Weeks | corporate officer | 2018-11 | ||
| Steven Weeks | w-2 managing employee | 2018-11 | ||
| Suzanne Peyton | corporate director | 2026-01 | ||
| Teresa Howell | corporate director | 2026-01 | ||
| Troy Wells | corporate officer | 2018-11 | ||
| Troy Wells | w-2 managing employee | 2018-11 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2018-11-01 | change of ownership | Baptist Health Regional Hospitals | Van Buren Hma Llc |
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 |