Mercy Hospital Waldron
Waldron, Scott County, AR
· CCN 041305
Licensed to Mercy Hospital Waldron
Composite
52.2
rank score
Distress
78
FY2024
Fit
38
vs thesis
Estimated ticket
$714K–$1.4M
12 beds ·
within envelope
Ownership
nonprofit
CAH
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
- occupancy 30-45%
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $11.6M |
| Operating margin | -5.8% |
| Total margin | -5.3% |
| Days cash on hand | 0 |
| Current ratio | -12.16 |
| Occupancy | 42% |
Facility
| Beds | 12 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $59.5K |
| Per-bed (high) | $119K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 24 | $9.3M | $527K | -0.8% | 5.5% | 1 | -10.28 | 16% | 240 | 60 |
| 2022 | 24 | $10.6M | $1.5M | 6.7% | 13.5% | 0 | 13.94 | 23% | 322 | 31 |
| 2023 | 12 | $10.1M | $70.6K | -0.5% | 0.7% | 0 | -2.70 | 31% | 305 | 60 |
| 2024 | 12 | $11.6M | $-616K | -5.8% | -5.3% | 0 | -12.16 | 42% | 438 | 78 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Mercy Health | 5% or greater indirect ownership interest | 100 | 2007-11 | chain |
| Mercy Health Fort Smith Communities | 5% or greater indirect ownership interest | 100 | 2007-10 | |
| Mercy Hospital Fort Smith | 5% or greater direct ownership interest | 100 | 2007-11 | |
| Allen Ray | corporate director | 2024-07 | ||
| Bret Cook | corporate director | 2022-07 | ||
| Carol Corley | corporate director | 2021-07 | ||
| Edward Melton | corporate director | 2024-07 | ||
| Elizabeth Maddox | corporate director | 2024-07 | ||
| Jamie Wilke | corporate officer | 2024-07 | ||
| Judith Keith | corporate director | 2021-07 | ||
| Martha Ullrich | corporate director | 2021-07 | ||
| Michael Gibbons | corporate director | 2022-07 | ||
| Ryan Gehrig | corporate officer | 2012-04 | ||
| Sherry Clouse Day | corporate officer | 2021-01 | ||
| Sherry Clouse Day | w-2 managing employee | 2021-01 | ||
| Vicky Laird | corporate director | 2021-07 | ||
| Yogya Regmi | w-2 managing employee | 2022-08 |
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 |
|---|---|---|---|---|
| 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 |