Dardanelle Hospital
dba Dardanelle Regional Medical Center ·
Dardanelle, Yell County, AR
· CCN 041302
Licensed to Dardanelle Regional Llc
Composite
43.0
rank score
Distress
59
FY2023
Fit
41
vs thesis
Estimated ticket
$1.8M–$3.6M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin negative
- total margin negative
- under 30 days cash on hand
- liabilities exceed assets
- occupancy below 30%
- 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
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $19.0M |
| Operating margin | -3.2% |
| Total margin | -0.5% |
| Days cash on hand | 15 |
| Current ratio | 2.00 |
| Occupancy | 22% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $72.2K |
| Per-bed (high) | $144K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $11.9M | $-4.9M | -20.8% | -40.6% | 285 | 4.77 | 19% | 221 | 61 |
| 2022 | 25 | $17.0M | $-795K | -13.9% | -4.3% | 9 | 2.79 | 23% | 242 | 82 |
| 2023 | 25 | $19.0M | $-101K | -3.2% | -0.5% | 15 | 2.00 | 22% | 328 | 59 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alan Finley | corporate officer | 100 | 2022-01 | |
| Alan Finley | corporate director | 100 | 2022-01 | |
| Alan Finley | w-2 managing employee | 100 | 2022-01 | |
| Conway Regional Medical Center Inc | 5% or greater indirect ownership interest | 100 | 2022-01 | |
| Dardanelle Regional Llc | 5% or greater direct ownership interest | 100 | 2022-01 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2022-01-01 | change of ownership | Dardanelle Regional Llc | Dardanelle Hospital Yell County |
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 |
|---|---|---|---|---|
| 2024-12-31 | Baxter Health Fulton County Hospital | Fulton County Hospital | Fulton County Hospital | 25 |
| 2022-01-01 | Dardanelle Regional Llc | Dardanelle Hospital Yell County | Dardanelle Hospital | 25 |
| 2019-01-01 | Lawrence Memorial Health Foundation Inc | Lawrence Memorial Hospital | Lawrence Memorial Hospital | 24 |