dealflow
envelope $200M

← Targets

Kings Daughters Medical Center

Brookhaven, Lincoln County, MS · CCN 250057
Licensed to Kings Daughters Medical Center

Composite
37.1
rank score
Distress
37
FY2023
Fit
51
vs thesis
Estimated ticket
$2.2M–$4.4M
22 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin negative
  • total margin under 2%
  • under 30 days cash on hand
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$92.8M
Operating margin -3.4%
Total margin 1.6%
Days cash on hand 16
Current ratio 1.74
Occupancy81%

Facility

Beds22
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 90 $85.1M $1.4M -5.9% 1.5% 137 1.27 23% 2,574 42
2021 90 $94.2M $5.5M -3.2% 5.4% 9 0.58 27% 2,389 60
2022 22 $91.5M $423K -8.4% 0.4% 23 1.79 85% 2,145 48
2023 22 $92.8M $1.5M -3.4% 1.6% 16 1.74 81% 2,213 37

Owners

OwnerRole%SinceType
Scott Christensen corporate officer 2022-08
Scott Christensen operational/managerial control 2022-08

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