dealflow
envelope $200M

← Targets

Baptist Health Medical Center - Lr

dba Baptist Health Medical Center Little Rock · Little Rock, Pulaski County, AR · CCN 040114
Licensed to Baptist Health

Composite
16.7
rank score
Distress
44
FY2023
Fit
55
vs thesis
Estimated ticket
$329M–$1.3B
658 beds · over envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin negative
  • under 30 days cash on hand
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • very large — likely out of range
  • estimated price exceeds the capital envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$689M
Operating margin -3.6%
Total margin 10.3%
Days cash on hand 0
Current ratio 261.91
Occupancy70%

Facility

Beds658
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 795 $553M $99.3M -0.1% 15.9% 0 24.75 55% 26,976 40
2021 785 $624M $42.3M -7.3% 6.1% 0 14.87 63% 28,224 44
2022 718 $653M $-33.6M -5.4% -4.8% 0 28.57 66% 26,975 57
2023 658 $689M $78.6M -3.6% 10.3% 0 261.91 70% 26,827 44

Owners

OwnerRole%SinceType
Baptist Health
Little Rock, AR
operational/managerial control 1974-02
Brent Beaulieu w-2 managing employee 2019-01
Brent Beaulieu operational/managerial control 2019-01
Chris Brune corporate director 2025-01
David Mitchell corporate director 2025-01
Glenn Millner corporate director 2011-01
Herren Hickingbotham corporate director 2007-10
James Jones corporate director 2007-10
John Mcmorran corporate director 2026-01
Judy Henry corporate director 2025-01
Lamarr Bailey corporate director 2021-01
Larry White corporate director 2026-01
Les Warren corporate director 2025-01
Lindsey Lorence corporate director 2025-01
Louis Lee corporate director 2026-01
Michael Akin corporate director 2025-01
Ronald Dedman corporate director 2021-01
Steven Booth corporate director 2019-01
Suzanne Peyton corporate director 2021-01
Teresa Howell corporate officer 2017-01
Troy Wells corporate director 2014-07
Troy Wells w-2 managing employee 2014-07

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.

DateBuyerSellerHospitalBeds
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