Baptist Health Med Ctr Arkadelphia
dba Baptist Health Medical Center - Arkadelphia ·
Arkadelphia, Clark County, AR
· CCN 041321
Licensed to Baptist Health
Composite
53.3
rank score
Distress
82
FY2023
Fit
41
vs thesis
Estimated ticket
$1.5M–$3.0M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin below -10%
- total margin negative
- under 30 days cash on hand
- current ratio below 0.8
- 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
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $28.3M |
| Operating margin | -10.3% |
| Total margin | -0.5% |
| Days cash on hand | 1 |
| Current ratio | -2.96 |
| Occupancy | 24% |
Facility
| Beds | 25 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $23.3M | $1.7M | -4.2% | 6.6% | 1 | -1.70 | 37% | 875 | 57 |
| 2021 | 25 | $29.9M | $2.4M | 0.7% | 7.4% | 0 | -3.17 | 38% | 809 | 48 |
| 2022 | 25 | $30.1M | $1.5M | -3.1% | 4.6% | 0 | -4.75 | 31% | 773 | 57 |
| 2023 | 25 | $28.3M | $-150K | -10.3% | -0.5% | 1 | -2.96 | 24% | 679 | 82 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Baptist Health | operational/managerial control | 1990-01 | ||
| Brent Beaulieu | corporate officer | 2018-01 | ||
| Brent Beaulieu | w-2 managing employee | 2018-01 | ||
| Brent Beaulieu | operational/managerial control | 2018-01 | ||
| Chris Brune | corporate director | 2026-01 | ||
| David Mitchell | corporate director | 2026-01 | ||
| Glenn Millner | corporate director | 2013-01 | ||
| Herren Hickingbotham | corporate director | 2007-01 | ||
| James Jones | corporate director | 2018-01 | ||
| John Mcmorran | corporate director | 2013-01 | ||
| Judy Henry | corporate director | 2026-01 | ||
| Lamarr Bailey | corporate director | 2023-01 | ||
| Larry White | corporate director | 2026-01 | ||
| Les Warren | corporate director | 2026-01 | ||
| Lindsey Lorence | corporate director | 2026-01 | ||
| Louis Lee | corporate director | 2004-05 | ||
| Michael Akin | corporate director | 2026-01 | ||
| Ronald Dedman | corporate director | 2023-01 | ||
| Steven Booth | corporate director | 2023-01 | ||
| Suzanne Peyton | corporate director | 2023-01 | ||
| Teresa Howell | corporate director | 2018-01 | ||
| Troy Wells | corporate director | 2014-07 | ||
| Troy Wells | w-2 managing employee | 2014-07 |
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 |