Arkansas State Hospital
Little Rock, Pulaski County, AR
· CCN 044011
Licensed to State Of Arkansas
Composite
31.6
rank score
Distress
0
FY2024
Fit
79
vs thesis
Estimated ticket
$63.2M–$253M
230 beds ·
within envelope
Ownership
government
PH
Why it ranks here
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $89.5M |
| Operating margin | 39.6% |
| Total margin | 39.6% |
| Days cash on hand | — |
| Current ratio | — |
| Occupancy | 90% |
Facility
| Beds | 230 |
| Facility type | PH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $275K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 230 | $65.4M | $15.3M | 23.4% | 23.4% | — | — | 88% | 309 | 0 |
| 2022 | 230 | $68.2M | $13.9M | 20.3% | 20.3% | — | — | 86% | 240 | 0 |
| 2023 | 230 | $78.9M | $23.4M | 29.7% | 29.7% | — | — | 86% | 213 | 0 |
| 2024 | 230 | $89.5M | $35.4M | 39.6% | 39.6% | — | — | 90% | 230 | 0 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Charles Thomas | w-2 managing employee | 2024-06 | ||
| James Scoggins | w-2 managing employee | 2020-07 | ||
| State Of Arkansas | operational/managerial control | 2022-04 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.