Wadley Medical Center At Hope
Hope, Hempstead County, AR · CCN 040153
Composite
59.2
rank score
Distress
88
FY2023
Fit
49
vs thesis
Estimated ticket
$2.5M–$5.0M
36 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
- liabilities exceed assets
- 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
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $10.6M |
| Operating margin | -55.5% |
| Total margin | -34.9% |
| Days cash on hand | 0 |
| Current ratio | 2.80 |
| Occupancy | 7% |
Facility
| Beds | 36 |
| 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 | 36 | $11.3M | $-1.7M | -32.5% | -12.4% | 28 | 0.84 | 12% | 544 | 96 |
| 2021 | 36 | $12.9M | $-715K | -22.3% | -4.7% | 3 | 1.09 | 14% | 553 | 86 |
| 2022 | 36 | $13.1M | $-2.9M | -24.4% | -21.5% | 2 | 1.49 | 9% | 331 | 90 |
| 2023 | 36 | $10.6M | $-4.3M | -55.5% | -34.9% | 0 | 2.80 | 7% | 306 | 88 |
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 |