dealflow
envelope $200M

← Targets

St. Dominic-Jackson Memorial Hosp

dba Fmol Health | St. Dominic · Jackson, Hinds County, MS · CCN 250048
Licensed to St Dominic-Jackson Memorial Hospital

Composite
58.3
rank score
Distress
78
FY2023
Fit
58
vs thesis
Estimated ticket
$184M–$736M
526 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin -8% to -3%
  • under 30 days cash on hand
  • current ratio below 0.8
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • very large — likely out of range
  • ticket size well above the envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$410M
Operating margin -34.7%
Total margin -5.0%
Days cash on hand 10
Current ratio -0.25
Occupancy62%

Facility

Beds526
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $350K
Per-bed (high) $1.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 526 $487M $28.8M -0.0% 5.6% 109 1.96 60% 22,749 20
2021 526 $510M $56.8M -2.5% 9.8% 49 2.82 62% 47,094 32
2022 526 $367M $-63.1M -50.7% -12.9% 10 0.74 61% 17,308 80
2023 526 $410M $-26.5M -34.7% -5.0% 10 -0.25 62% 19,830 78

Owners

OwnerRole%SinceType
Samuel Scott w-2 managing employee 100 2016-04
Samuel Scott operational/managerial control 50 2020-01
Angel Brown w-2 managing employee 5 2022-01
Darryl Gilmore w-2 managing employee 5 2020-01
Franciscan Missionaries Of Our Lady Health System Inc
Baton Rouge, LA
5% or greater direct ownership interest 2024-03
Jeremy Tinnerello w-2 managing employee 2023-11

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.

DateBuyerSellerHospitalBeds
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