dealflow
envelope $200M

← Targets

Overland Park Regional Med Ctr

dba Overland Park Regional Medical Center · Overland Park, KS · CCN 170176
Licensed to Midwest Division-Oprmc Llc

Composite
36.2
rank score
Distress
20
FY2024
Fit
68
vs thesis
Estimated ticket
$132M–$526M
263 beds · within envelope
Ownership
for-profit
STH

Why it ranks here

  • under 30 days cash on hand
  • urban — higher occupancy and iteration surface
  • large — ticket likely stretches the envelope
  • ticket size well above the envelope
  • strong occupancy — good iteration surface
  • for-profit — no charitable conversion review

Latest financials · FY2024

Net patient revenue$503M
Operating margin 40.7%
Total margin 40.9%
Days cash on hand 0
Current ratio 4.16
Occupancy74%

Facility

Beds263
Facility typeSTH
Settingurban
Ownership classfor-profit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 270 $378M $123M 32.2% 32.3% 0 3.74 64% 12,059 22
2022 261 $430M $140M 32.4% 32.6% 0 4.05 74% 12,825 22
2023 271 $452M $164M 35.9% 36.1% 0 3.80 75% 13,177 22
2024 263 $503M $207M 40.7% 40.9% 0 4.16 74% 13,527 20

Owners

OwnerRole%SinceType
Hca Healthcare Inc
Nashville, TN
5% or greater indirect ownership interest 100 2011-06
Hca Inc
Nashville, TN
5% or greater indirect ownership interest 100 2003-04
Hca Squared Llc
Nashville, TN
5% or greater indirect ownership interest 100 2011-10
Healthtrust Inc - The Hospital Company
Nashville, TN
5% or greater indirect ownership interest 100 2003-04
Hospital Corp Llc
Nashville, TN
5% or greater direct ownership interest 100 2003-04
Frisco Holding Ii
Wilmington, DE
5% or greater indirect ownership interest 16 2026-02
Hercules Holding Ii
Nashville, TN
5% or greater indirect ownership interest 14 2016-09
Eric Smith contracted managing employee 2021-03
John Heurtin corporate officer 2017-09
John Heurtin w-2 managing employee 2017-09

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 KS

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2024-09-01 Mercy Hospital Pittsburg Inc Ascension Via Christi Hospital... Via Christi Hospital Pittsburg Inc. 64
2023-08-26 South Central Kansas Regional... South Central Kansas Regional... South Central Ks Regional Medical Ct
2023-01-01 Stormont Vail Health Flint Hills Llc Geary County Hospital Stormont Vail - Flint Hills 43
2022-05-01 Commonspirit Kansas Inc Dodge City Healthcare Group Llc St. Catherine Hospital - Dodge City 99
2020-01-26 Mercy Specialty Hospital Southeast Kansas City Of Galena-Kansas Mercy Specialty Hospital - Southeast 26
2019-05-01 Adventhealth Ransom Memorial Inc Ransom Memorial Hospital Adventhealth Ottawa 36
2018-08-01 Ukhs Great Bend Llc Great Bend Regional Hospital Llc Ukhs Great Bend Campus 29