Helena Regional Medical Center
Helena, Phillips County, AR · CCN 040085
Composite
64.6
rank score
Distress
100
FY2023
Fit
49
vs thesis
Estimated ticket
$8.3M–$16.5M
118 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- 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
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $10.0M |
| Operating margin | -65.1% |
| Total margin | -59.9% |
| Days cash on hand | 0 |
| Current ratio | 0.08 |
| Occupancy | 0% |
Facility
| Beds | 118 |
| Facility type | STH |
| Setting | rural |
| Ownership class | for-profit |
| 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 | 48 | $16.3M | $1.6M | -28.9% | 6.9% | 0 | 0.70 | 12% | 807 | 77 |
| 2021 | 48 | $15.3M | $-2.7M | -52.9% | -13.3% | 0 | 0.31 | 8% | 551 | 100 |
| 2022 | 48 | $12.8M | $-8.6M | -70.1% | -65.4% | 0 | 0.12 | 3% | 205 | 100 |
| 2023 | 118 | $10.0M | $-6.2M | -65.1% | -59.9% | 0 | 0.08 | 0% | 106 | 100 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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 |