Arkansas Methodist Medical Center
dba Baptist Memorial Hospital - Paragould ·
Paragould, Greene County, AR
· CCN 040039
Licensed to Arkansas Methodist Hospital Corporation
Composite
51.7
rank score
Distress
74
FY2024
Fit
46
vs thesis
Estimated ticket
$8.0M–$16.0M
114 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $67.2M |
| Operating margin | -15.5% |
| Total margin | -3.2% |
| Days cash on hand | 10 |
| Current ratio | 3.49 |
| Occupancy | 20% |
Facility
| Beds | 114 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 114 | $69.0M | $4.4M | -14.4% | 5.3% | 38 | 2.52 | 31% | 3,121 | 50 |
| 2022 | 114 | $68.4M | $-954K | -11.8% | -1.3% | 31 | 2.93 | 29% | 2,656 | 61 |
| 2023 | 114 | $68.8M | $-5.0M | -11.8% | -7.0% | 25 | 2.62 | 26% | 2,724 | 71 |
| 2024 | 114 | $67.2M | $-2.4M | -15.5% | -3.2% | 10 | 3.49 | 20% | 2,399 | 74 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Arkansas Methodist Hospital Corporation | 5% or greater direct ownership interest | 100 | 1999-04 | |
| Baptist Memorial Health Care Corporation | 5% or greater indirect ownership interest | 100 | 2026-03 | |
| Arthur Maples | corporate director | 2026-03 | ||
| Blaine Nunn | corporate director | 2021-09 | ||
| Brad Parsons | corporate director | 2026-03 | ||
| David Neighbors | corporate director | 2015-04 | ||
| Gary Anderson | corporate officer | 2026-03 | ||
| Gregory Duckett | corporate officer | 2026-03 | ||
| Jason Little | corporate officer | 2026-03 | ||
| Matthew Miller | corporate director | 2022-05 | ||
| Rhonda Davis | corporate director | 2009-04 | ||
| Robert Hodge Ii | corporate director | 2015-04 | ||
| Staci Williams | w-2 managing employee | 1997-05 | ||
| William Womack | corporate director | 2019-08 |
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 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 |