Murray Calloway County Hospital
dba Murray-Calloway County Hospital ·
Murray, Calloway County, KY
· CCN 180027
Licensed to Murray-Calloway County Public Hospital Corporation
Composite
27.4
rank score
Distress
19
FY2023
Fit
47
vs thesis
Estimated ticket
$9.9M–$19.8M
99 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin negative
- occupancy 30-45%
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- thin occupancy
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $166M |
| Operating margin | -1.2% |
| Total margin | 5.7% |
| Days cash on hand | 192 |
| Current ratio | 1.62 |
| Occupancy | 38% |
Facility
| Beds | 99 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 99 | $131M | $5.9M | -0.7% | 4.3% | 219 | 1.17 | 40% | 3,124 | 24 |
| 2021 | 99 | $150M | $35.5M | 4.4% | 19.8% | 245 | 1.83 | 47% | 3,457 | 2 |
| 2022 | 99 | $154M | $208K | 0.1% | 0.1% | 213 | 1.49 | 44% | 3,191 | 19 |
| 2023 | 99 | $166M | $10.2M | -1.2% | 5.7% | 192 | 1.62 | 38% | 3,148 | 19 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| City Of Murray, Kentucky | other | 50 | 1966-01 | |
| County Of Calloway, Kentucky | other | 50 | 1966-01 | |
| Brian Craven | corporate officer | 2026-01 | ||
| Brian Craven | w-2 managing employee | 2026-01 | ||
| Chasity Dotson | w-2 managing employee | 2026-01 | ||
| Chasity Dotson | other | 2026-01 | ||
| Jeffrey Eye | corporate officer | 2015-10 | ||
| Jeffrey Eye | w-2 managing employee | 2015-10 | ||
| Jeffrey Eye | operational/managerial control | 2015-10 | ||
| John Wilson | corporate officer | 2008-02 | ||
| John Wilson | w-2 managing employee | 2008-02 | ||
| John Wilson | operational/managerial control | 2008-02 | ||
| Martha Erwin | corporate director | 2015-04 | ||
| Reba Celsor | corporate officer | 2026-01 | ||
| Reba Celsor | w-2 managing employee | 2026-01 |
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 KY
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 |
|---|---|---|---|---|
| 2024-07-01 | Bowling Green-Warren County... | Logan Memorial Hospital Llc | Logan Memorial Hospital | 37 |
| 2021-12-01 | Arh Tug Valley Health Services Inc | Paintsville Hospital Company Llc | Paintsville Arh Hospital | 39 |
| 2021-01-01 | Owensboro Health Twin Lakes... | Grayson County Hospital Foundation Inc | Owensboro Health Twin Lakes Medical | 49 |
| 2020-09-01 | Baptist Healthcare System Inc | Hardin Memorial Hospital | Baptist Health Hardin | 271 |
| 2019-11-01 | Uofl Health-Louisville Inc | Jewish Hospital & St. Mary's... | Uofl Health-Louisville | 789 |
| 2019-11-01 | Uofl Health-Shelbyville Inc | Jewish Hospital & St. Mary's... | Uofl Health-Shelbyville | 32 |
| 2019-09-01 | Baptist Healthcare System Inc | Baptist Health Richmond Inc | Baptist Health Richmond | 53 |
| 2019-08-01 | Arh Tug Valley Health Services Inc | Highlands Hospital Corp | Highlands Regional Medical Center | 63 |
| 2016-02-11 | T J Health Columbia Inc | Adair County Hospital District | Tj Health Columbia | 49 |