Leo N Levi Memorial Hospital
Hot Springs, Garland County, AR · CCN 040132
Composite
26.1
rank score
Distress
18
FY2023
Fit
45
vs thesis
Estimated ticket
$500K–$2.0M
1 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- occupancy below 30%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- very small facility
- 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 | $8.7M |
| Operating margin | 2.8% |
| Total margin | 8.7% |
| Days cash on hand | 455 |
| Current ratio | 16.63 |
| Occupancy | 1% |
Facility
| Beds | 1 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 1 | $7.9M | $2.9M | -16.3% | 23.8% | 280 | 5.66 | 1% | 2 | 37 |
| 2021 | 1 | $7.9M | $1.8M | -17.5% | 16.1% | 328 | 6.61 | 1% | 2 | 37 |
| 2022 | 1 | $8.2M | $1.5M | -13.4% | 13.6% | 318 | 13.75 | 1% | 2 | 37 |
| 2023 | 1 | $8.7M | $801K | 2.8% | 8.7% | 455 | 16.63 | 1% | 2 | 18 |
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 |