Jefferson Regional Medical Center
Pine Bluff, Jefferson County, AR
· CCN 040071
Licensed to Jefferson Hospital Association, Inc
Composite
54.9
rank score
Distress
74
FY2024
Fit
54
vs thesis
Estimated ticket
$17.1M–$34.3M
245 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
- current ratio under 1.5
- occupancy 30-45%
- margin deteriorating sharply
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $198M |
| Operating margin | -22.8% |
| Total margin | -3.7% |
| Days cash on hand | 1 |
| Current ratio | 1.27 |
| Occupancy | 33% |
Facility
| Beds | 245 |
| 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 | 271 | $195M | $11.0M | -10.6% | 4.9% | 15 | 0.99 | 39% | 7,743 | 64 |
| 2022 | 245 | $204M | $1.1M | -14.5% | 0.5% | 2 | 0.87 | 42% | 7,547 | 68 |
| 2023 | 245 | $202M | $-9.4M | -19.8% | -4.0% | 4 | 1.40 | 35% | 6,591 | 71 |
| 2024 | 245 | $198M | $-8.6M | -22.8% | -3.7% | 1 | 1.27 | 33% | 6,384 | 74 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Amy Boast Cahill | other | 2021-10 | ||
| Andrew Atkinson | corporate director | 2004-10 | ||
| Annette Kline | corporate director | 2004-10 | ||
| Brian Thomas | corporate officer | 2010-05 | ||
| Bryan Jackson | corporate officer | 2011-03 | ||
| Bryan Jackson | w-2 managing employee | 2011-03 | ||
| Charles Morgan | corporate director | 1999-10 | ||
| David Bridgforth | corporate director | 2018-01 | ||
| David Brown | corporate director | 2003-10 | ||
| Frank Anthony | corporate director | 2006-10 | ||
| George Makris | corporate director | 2010-10 | ||
| Henry Trotter | corporate director | 2010-10 | ||
| Janice Acosta | corporate director | 2018-01 | ||
| Jeremy Jeffery | corporate officer | 2022-01 | ||
| Jeremy Jeffery | corporate director | 2022-01 | ||
| Jeremy Jeffery | w-2 managing employee | 2022-01 | ||
| Joann Mays | corporate director | 2010-10 | ||
| Laurence Alexander | other | 2021-10 | ||
| Marty Casteel | corporate director | 2006-10 | ||
| Mary Hickman | corporate officer | 2003-12 | ||
| Michelle Eckert | corporate director | 2011-10 | ||
| Peter Austin | corporate officer | 2017-11 | ||
| Peter Austin | w-2 managing employee | 2017-11 | ||
| Scott Pitillo | corporate director | 2011-10 |
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 |