Southwest Ms Regional Med Center
Mccomb, Pike County, MS
· CCN 250097
Licensed to Southwest Mississippi Regional Medical Center
Composite
61.3
rank score
Distress
90
FY2023
Fit
52
vs thesis
Estimated ticket
$6.8M–$13.6M
97 beds ·
within envelope
Ownership
government
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
- liabilities exceed assets
- occupancy 45-60%
- margin deteriorating sharply
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $132M |
| Operating margin | -18.8% |
| Total margin | -6.8% |
| Days cash on hand | 4 |
| Current ratio | 0.63 |
| Occupancy | 52% |
Facility
| Beds | 97 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 160 | $99.8M | $3.8M | -14.8% | 3.2% | 119 | 1.01 | 24% | 3,732 | 52 |
| 2021 | 160 | $112M | $-2.4M | -12.2% | -2.0% | 46 | 0.90 | 28% | 3,493 | 78 |
| 2022 | 97 | $123M | $-6.2M | -16.0% | -4.6% | 14 | 0.69 | 45% | 3,543 | 89 |
| 2023 | 97 | $132M | $-9.9M | -18.8% | -6.8% | 4 | 0.63 | 52% | 3,907 | 90 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Amite County Board Of Supervisors | 5% or greater direct ownership interest | 1969-04 | ||
| Angela Weems | w-2 managing employee | 2012-06 | ||
| Charla Rowley | corporate officer | 2014-04 | ||
| City Of Mccomb, Mississippi | 5% or greater direct ownership interest | 1969-04 | ||
| Mallory Ginn | corporate director | 2012-11 | ||
| Pike County Board Of Supervisors | 5% or greater direct ownership interest | 1969-04 |
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 |