Neshoba County General Hospital
Philadelphia, Neshoba County, MS · CCN 250043
Composite
37.5
rank score
Distress
45
FY2023
Fit
43
vs thesis
Estimated ticket
$3.8M–$7.6M
38 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin -10% to -5%
- total margin negative
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $49.7M |
| Operating margin | -8.2% |
| Total margin | -2.4% |
| Days cash on hand | 182 |
| Current ratio | 7.67 |
| Occupancy | 17% |
Facility
| Beds | 38 |
| 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 | 38 | $44.2M | $2.6M | -12.4% | 5.0% | 331 | 2.07 | 28% | 1,012 | 37 |
| 2021 | 38 | $45.1M | $5.0M | -16.6% | 8.8% | 272 | 2.71 | 24% | 889 | 37 |
| 2022 | 38 | $47.6M | $-2.6M | -19.7% | -4.8% | 202 | 7.32 | 18% | 749 | 49 |
| 2023 | 38 | $49.7M | $-1.3M | -8.2% | -2.4% | 182 | 7.67 | 17% | 724 | 45 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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 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 |