Unity Health - Newport
Newport, Jackson County, AR
· CCN 041332
Licensed to Unity Health - Newport
Composite
33.4
rank score
Distress
36
FY2023
Fit
43
vs thesis
Estimated ticket
$2.0M–$4.1M
24 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- 30-60 days cash on hand
- current ratio below 0.8
- debt above 85% of assets
- occupancy 45-60%
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $28.7M |
| Operating margin | 6.2% |
| Total margin | 8.1% |
| Days cash on hand | 49 |
| Current ratio | 0.13 |
| Occupancy | 60% |
Facility
| Beds | 24 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 24 | $5.8M | $406K | 2.7% | 6.7% | 7 | — | 64% | 512 | 29 |
| 2023 | 24 | $28.7M | $2.4M | 6.2% | 8.1% | 49 | 0.13 | 60% | 1,478 | 36 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ladonna Johnston | corporate officer | 100 | 2018-08 | |
| Ladonna Johnston | w-2 managing employee | 100 | 2018-08 | |
| White County Medical Center | 5% or greater direct ownership interest | 100 | 2015-02 |
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 |