St. Vincent Morrilton
dba Chi St Vincent Morrilton ·
Morrilton, Conway County, AR
· CCN 041324
Licensed to St Anthonys Hospital Association
Composite
56.9
rank score
Distress
90
FY2024
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 below -8%
- 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 · FY2024
| Net patient revenue | $18.1M |
| Operating margin | -30.6% |
| Total margin | -22.0% |
| Days cash on hand | 0 |
| Current ratio | -0.52 |
| Occupancy | 27% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $20.9M | $2.0M | 7.9% | 8.2% | 123 | -0.36 | 24% | 430 | 27 |
| 2022 | 25 | $19.3M | $752K | -0.5% | 3.4% | 126 | -0.32 | 22% | 394 | 42 |
| 2023 | 25 | $17.5M | $-1.8M | -24.6% | -9.1% | 0 | -0.34 | 24% | 382 | 89 |
| 2024 | 25 | $18.1M | $-4.3M | -30.6% | -22.0% | 0 | -0.52 | 27% | 420 | 90 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Commonspirit Health | 5% or greater direct ownership interest | 100 | 2014-04 | |
| Barbara Williams | corporate director | 2025-07 | ||
| Bart Newman | corporate director | 2025-07 | ||
| Carey Ruff | corporate director | 2025-07 | ||
| Chad Aduddell | corporate officer | 2025-07 | ||
| Chad Aduddell | corporate director | 2025-07 | ||
| Clayton Borg | corporate director | 2025-07 | ||
| Commonspirit Health | operational/managerial control | 2014-04 | ||
| Cynthia Dunlap | corporate director | 2025-07 | ||
| Donald Hearne | corporate officer | 2025-07 | ||
| Frederick Meadors | corporate director | 2025-07 | ||
| Garrett Stewart | w-2 managing employee | 2022-10 | ||
| Jean Block | corporate director | 2025-07 | ||
| Matthew Brown | corporate officer | 2025-07 | ||
| Matthew Brown | corporate director | 2025-07 | ||
| Matthew Law | corporate director | 2025-07 | ||
| Michael Cottrell | corporate director | 2025-07 | ||
| Nessa Mccollum-Flaxman | corporate director | 2025-07 | ||
| Richard Blank | corporate director | 2025-07 | ||
| Susan Smith | corporate director | 2025-07 | ||
| Terika Mbanu | corporate director | 2025-07 | ||
| Thomas Kopfensteiner | corporate director | 2025-07 | ||
| William Dillard | corporate director | 2025-07 |
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 |