Jennie Stuart Medical Center
dba Ovation Healthcare ·
Hopkinsville, Christian County, KY
· CCN 180051
Licensed to Jennie Stuart Medical Center Inc
Composite
36.2
rank score
Distress
36
FY2023
Fit
50
vs thesis
Estimated ticket
$10.5M–$21.0M
105 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin negative
- occupancy 30-45%
- margin deteriorating sharply
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $191M |
| Operating margin | -2.9% |
| Total margin | -2.0% |
| Days cash on hand | 215 |
| Current ratio | 5.72 |
| Occupancy | 35% |
Facility
| Beds | 105 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | 123 | $138M | $13.1M | -1.3% | 8.6% | 297 | 4.39 | 36% | 3,721 | 21 |
| 2021 | 123 | $174M | $18.8M | 10.1% | 10.8% | 330 | 6.92 | 42% | 3,898 | 6 |
| 2022 | 122 | $165M | $-2.9M | -6.1% | -1.7% | 262 | 5.14 | 39% | 3,416 | 36 |
| 2023 | 105 | $191M | $-3.9M | -2.9% | -2.0% | 215 | 5.72 | 35% | 3,329 | 36 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Deaconess Health Kentucky Inc | 5% or greater indirect ownership interest | 100 | 2025-10 | |
| Alissa Young | corporate director | 2018-01 | ||
| Autumn Bailey | w-2 managing employee | 2017-08 | ||
| Beth Mccraw | corporate officer | 2018-07 | ||
| Beth Mccraw | w-2 managing employee | 2018-07 | ||
| Carter Hendricks | corporate director | 2015-01 | ||
| Charles Turner | corporate director | 2018-01 | ||
| Craig Self | corporate director | 2025-10 | ||
| Deeann Sova | corporate director | 2024-01 | ||
| Elizabeth Shelton | corporate director | 2021-01 | ||
| Eric Lee | contracted managing employee | 2007-12 | ||
| Eric Lee | corporate officer | 2007-12 | ||
| Hollis White | corporate director | 2021-01 | ||
| Jared Antczak | corporate director | 2025-10 | ||
| Leslie Carroll | corporate director | 2019-04 | ||
| Lydia Gilmer | corporate director | 2025-04 | ||
| Lynn Lingafelter | corporate director | 2025-10 | ||
| Mark Laramee | contracted managing employee | 2022-07 | ||
| Mark Laramee | corporate officer | 2022-07 | ||
| Marty Bozarth | corporate director | 2021-01 | ||
| Ovation Health | operational/managerial control | 2007-12 | ||
| Phillip Tribble | corporate director | 1994-01 | ||
| Tanner Parrent | corporate director | 2025-01 | ||
| Tarek Toubia | corporate director | 2025-01 |
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 |