Ouachita County Medical Center
Camden, Ouachita County, AR
· CCN 040050
Licensed to Ouachita County Medical Center
Composite
54.9
rank score
Distress
81
FY2023
Fit
46
vs thesis
Estimated ticket
$5.7M–$11.5M
82 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 under 1.5
- 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 · FY2023
| Net patient revenue | $29.4M |
| Operating margin | -20.0% |
| Total margin | -16.3% |
| Days cash on hand | 8 |
| Current ratio | 1.17 |
| Occupancy | 14% |
Facility
| Beds | 82 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 82 | $25.6M | $3.7M | -26.5% | 10.3% | 143 | 1.44 | 15% | 1,344 | 44 |
| 2021 | 82 | $30.9M | $3.4M | -11.5% | 8.9% | 83 | 3.70 | 16% | 1,060 | 47 |
| 2022 | 82 | $30.2M | $671K | -27.2% | 1.7% | 60 | 2.18 | 14% | 969 | 50 |
| 2023 | 82 | $29.4M | $-5.0M | -20.0% | -16.3% | 8 | 1.17 | 14% | 984 | 81 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Carolyn Isaacs | corporate officer | 2025-01 | ||
| Connie Castleberry | corporate officer | 2017-02 | ||
| Edgar Lee | corporate officer | 2017-02 | ||
| Glenda Harper | corporate officer | 2025-08 | ||
| Glenda Harper | corporate director | 2025-08 | ||
| Glenda Harper | w-2 managing employee | 2025-08 | ||
| Glenda Harper | operational/managerial control | 2025-08 | ||
| Jason Purifoy | corporate officer | 2025-01 | ||
| John Dawson | corporate officer | 2025-01 | ||
| Louise Hunter | corporate officer | 2025-01 | ||
| Shannon Parker | corporate officer | 2025-01 | ||
| Shannon Parker | w-2 managing employee | 2025-01 |
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 |