Magnolia Regional Health System Inc
dba Magnolia Regional Medical Center ·
Magnolia, Columbia County, AR
· CCN 040067
Licensed to Magnolia Regional Health System Inc
Composite
48.6
rank score
Distress
67
FY2023
Fit
46
vs thesis
Estimated ticket
$2.5M–$4.9M
29 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- 60-90 days cash on hand
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- 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 | $23.4M |
| Operating margin | -34.3% |
| Total margin | -21.2% |
| Days cash on hand | 79 |
| Current ratio | 3.17 |
| Occupancy | 27% |
Facility
| Beds | 29 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 29 | $18.4M | $-1.6M | -28.0% | -7.3% | 253 | 1.51 | 32% | 974 | 46 |
| 2021 | 29 | $24.7M | $10.7M | -11.6% | 28.0% | 172 | 3.81 | 41% | 1,087 | 33 |
| 2022 | 29 | $25.9M | $-1.6M | -21.3% | -5.2% | 123 | 5.32 | 34% | 924 | 50 |
| 2023 | 29 | $23.4M | $-5.5M | -34.3% | -21.2% | 79 | 3.17 | 27% | 754 | 67 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Angie Eaves | corporate director | 2020-10 | ||
| Jeffery Whitener | corporate director | 2023-03 | ||
| John Alexander | corporate director | 2020-10 | ||
| Jonathan Baird | corporate director | 2020-10 | ||
| Karen Weido | w-2 managing employee | 2020-10 | ||
| Todd Emmert | corporate director | 2020-10 | ||
| Walter Wood | corporate director | 2020-10 | ||
| Wd Giles | corporate director | 2025-07 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2020-10-01 | change of ownership | Magnolia Regional Health System Inc | Magnolia Regional Medical Center |
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 |