Mary Breckinridge Hospital
dba Mary Breckinridge Arh Hospital ·
Hyden, Leslie County, KY
· CCN 181316
Licensed to Arh Mary Breckinridge Health Services Inc
Composite
35.6
rank score
Distress
32
FY2024
Fit
53
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $21.8M |
| Operating margin | 10.2% |
| Total margin | 32.5% |
| Days cash on hand | 0 |
| Current ratio | -0.65 |
| Occupancy | 60% |
Facility
| Beds | 25 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $17.2M | $5.6M | 12.5% | 27.2% | 0 | 0.07 | 48% | 109 | 38 |
| 2022 | 25 | $18.3M | $1.0M | 2.2% | 5.3% | 0 | -2.24 | 53% | 219 | 38 |
| 2023 | 25 | $21.3M | $7.3M | 12.3% | 28.0% | 1 | -1.26 | 51% | 219 | 38 |
| 2024 | 25 | $21.8M | $9.5M | 10.2% | 32.5% | 0 | -0.65 | 60% | 220 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Appalachian Regional Healthcare Inc | operational/managerial control | 100 | 2011-09 | |
| Andrea Massey | corporate director | 2019-11 | ||
| Danny Harris | corporate officer | 2013-05 | ||
| Danny Harris | corporate director | 2013-05 | ||
| Mallie Napier-Noble | w-2 managing employee | 2011-09 | ||
| Susan Neace | w-2 managing employee | 2011-09 |
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 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 |
|---|---|---|---|---|
| 2024-04-01 | Bowling Green-Warren County... | The Medical Center At Clinton County Inc | The Medical Center Of Albany | 25 |
| 2024-04-01 | Bowling Green-Warren County... | The Medical Center At Franklin Inc | The Medical Center At Franklin | 25 |
| 2021-10-01 | Deaconess Union County Hospital, Inc | Methodist Health, Inc. | Deaconness Union County Hospital | 25 |
| 2018-07-01 | Arh Mary Breckinridge Health Services Inc | Saint Joseph Health System Inc | Our Lady Of The Way | 25 |
| 2016-01-01 | Bowling Green-Warren County... | Caverna Memorial Hospital Inc | The Medical Center At Caverna | 25 |