Central Mississippi Medical Center
dba Merit Health Central ·
Jackson, Hinds County, MS
· CCN 250072
Licensed to Jackson Hma Llc
Composite
62.5
rank score
Distress
74
FY2023
Fit
73
vs thesis
Estimated ticket
$83.3M–$333M
238 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin negative
- under 30 days cash on hand
- current ratio below 0.8
- occupancy 30-45%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- thin occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $86.3M |
| Operating margin | -6.9% |
| Total margin | -2.2% |
| Days cash on hand | 0 |
| Current ratio | -10.50 |
| Occupancy | 33% |
Facility
| Beds | 238 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 248 | $169M | $21.8M | 9.9% | 12.5% | 0 | 1.80 | 38% | 5,848 | 28 |
| 2021 | 218 | $156M | $24.3M | -0.2% | 13.5% | 0 | -9.75 | 42% | 5,631 | 57 |
| 2022 | 226 | $142M | $-12.4M | -12.4% | -8.4% | 0 | 20.64 | 36% | 4,802 | 72 |
| 2023 | 238 | $86.3M | $-2.0M | -6.9% | -2.2% | 0 | -10.50 | 33% | 4,637 | 74 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Chs Community Health Systems Inc | 5% or greater indirect ownership interest | 100 | 2014-01 | |
| Community Health Systems Inc | 5% or greater indirect ownership interest | 100 | 2014-01 | |
| Hma-Tri Holdings Llc | 5% or greater indirect ownership interest | 100 | 2015-12 | |
| Mississippi Hma Holdings Ii Llc | 5% or greater direct ownership interest | 100 | 2014-01 | |
| Health Management Associates Llc | 5% or greater indirect ownership interest | 99 | 2015-12 | |
| Health Management Associates Lp | 5% or greater indirect ownership interest | 99 | 2014-01 | |
| Christopher Cobb | corporate officer | 2017-04 | ||
| David Henry | w-2 managing employee | 2021-05 | ||
| Edna Buffington-Price | corporate director | 2022-03 | ||
| Jason Johnson | corporate officer | 2020-01 | ||
| Justin Pitt | corporate officer | 2022-03 | ||
| Justin Pitt | corporate director | 2022-03 | ||
| Kevin Hammons | corporate officer | 2014-01 | ||
| Kevin Hammons | corporate director | 2020-01 | ||
| Nathaniel Summar | corporate director | 2017-07 | ||
| Paula Lalor | corporate director | 2017-04 | ||
| Roman Ottinger | corporate officer | 2020-01 | ||
| William Cash | corporate officer | 2018-06 |
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 |