Delta Health-Northwest Regional
dba Northwest Mississippi Regional Medical Center ·
Clarksdale, Coahoma County, MS
· CCN 250042
Licensed to Northwest Miss Regional Medical Center
Already transacted. CMS recorded an ownership change effective
2024-02-01. Confirm the current owner before spending a call on this.
Composite
16.3
rank score
Distress
62
FY2023
Fit
47
vs thesis
Estimated ticket
$15.4M–$30.8M
181 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- 90-150 days cash on hand
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- very low occupancy — limited volume to learn from
- government-owned — public process likely
- changed ownership 2024-02-01 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $28.5M |
| Operating margin | -16.0% |
| Total margin | -14.8% |
| Days cash on hand | 112 |
| Current ratio | 7.88 |
| Occupancy | 6% |
Facility
| Beds | 181 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| 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 | 181 | $39.6M | $597K | -12.3% | 1.3% | 0 | 0.59 | 12% | 1,649 | 87 |
| 2022 | 174 | $31.0M | $-9.3M | -30.8% | -29.6% | 0 | 1.26 | 10% | 1,230 | 90 |
| 2023 | 181 | $28.5M | $-4.3M | -16.0% | -14.8% | 112 | 7.88 | 6% | 1,265 | 62 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Coahoma County | 5% or greater direct ownership interest | 100 | 2024-02 | |
| Lorie Till | contracted managing employee | 100 | 2023-10 | |
| Alan Byrd | corporate director | 2023-04 | ||
| Richard Flowers | corporate director | 2023-04 | ||
| Thomas Hayes | corporate director | 2023-04 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2024-02-01 | change of ownership | Northwest Miss Regional Medical Center | Delta Health System |
Who has been buying in MS
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 |
|---|---|---|---|---|
| 2025-05-01 | State Of Mississippi-University Of... | Madison Hma Llc | Madison River Oaks Medical Center | 67 |
| 2024-02-01 | Northwest Miss Regional Medical Center | Delta Health System | Delta Health-Northwest Regional | 181 |
| 2023-05-01 | Tate County Hospital | Delta Health System | Highland Hills Medical Center | 15 |
| 2020-10-01 | Singing River Gulfport | Gpch-Gp, Inc. | Singing River Gulfport | 113 |
| 2019-11-01 | Memorial Hospital At Gulfport | Stone County Hospital, Inc | Memorial Hospital At Gulfport | 285 |
| 2019-01-01 | Monroe Health Services Inc | Amory Regional Medical Center Inc | Monroe Health Services Inc. | 95 |
| 2018-04-01 | Ochsner Medical Center - Hancock, Llc | Hancock Medical Center | Ochsner Med Ctr - Hancock | 41 |