Unity Health - Jacksonville
Jacksonville, Pulaski County, AR
· CCN 040164
Licensed to Unity Health - Jacksonville
Composite
62.9
rank score
Distress
90
FY2023
Fit
56
vs thesis
Estimated ticket
$10.2M–$40.6M
29 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy below 30%
- urban — higher occupancy and iteration surface
- small but workable bed count
- small ticket — deploys little of the available capital
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $6.2M |
| Operating margin | -7.6% |
| Total margin | -4.7% |
| Days cash on hand | 4 |
| Current ratio | 0.06 |
| Occupancy | 30% |
Facility
| Beds | 29 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 29 | $6.2M | $-297K | -7.6% | -4.7% | 4 | 0.06 | 30% | 194 | 90 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Kevin Burton | w-2 managing employee | 100 | 2021-07 | |
| Kevin Burton | operational/managerial control | 100 | 2021-07 | |
| White County Medical Center | 5% or greater direct ownership interest | 100 | 2021-03 | |
| Janet Hines | corporate director | 2017-04 | ||
| Leah Miller | corporate director | 2013-09 | ||
| Nathan Rutledge | corporate director | 2019-11 |
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 |