Greenwood Leflore Hospital
Greenwood, Leflore County, MS
· CCN 250099
Licensed to Greenwood Leflore Hospital
Composite
55.9
rank score
Distress
86
FY2023
Fit
43
vs thesis
Estimated ticket
$1.8M–$3.5M
25 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current liabilities exceed current assets
- 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 | $55.4M |
| Operating margin | -35.0% |
| Total margin | -10.7% |
| Days cash on hand | 16 |
| Current ratio | 0.88 |
| Occupancy | 10% |
Facility
| Beds | 25 |
| 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 | 173 | $96.7M | $-3.0M | -19.2% | -2.7% | 113 | 1.11 | 30% | 3,766 | 52 |
| 2021 | 173 | $96.0M | $-11.0M | -27.0% | -9.9% | 60 | 1.29 | 25% | 3,178 | 67 |
| 2022 | 173 | $79.9M | $-17.1M | -38.7% | -18.3% | 21 | 1.06 | 16% | 2,248 | 79 |
| 2023 | 25 | $55.4M | $-7.2M | -35.0% | -10.7% | 16 | 0.88 | 10% | 763 | 86 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| City Of Greenwood | 5% or greater indirect ownership interest | 50 | 1966-01 | |
| Leflore County Board Of Supervisors | 5% or greater indirect ownership interest | 50 | 1966-01 | |
| Emma Bell | corporate director | 2018-09 | ||
| Harris Powers | corporate director | 2018-09 | ||
| Henry Hargrove | corporate director | 2019-06 | ||
| Jason Studley | corporate officer | 2020-10 | ||
| Jennifer Dawne Holmes | corporate officer | 2009-10 | ||
| Jennifer Dawne Holmes | w-2 managing employee | 2009-10 | ||
| Jennifer Dawne Holmes | operational/managerial control | 2009-10 | ||
| Marcus Banks | corporate director | 2018-09 | ||
| Tracy Shelton | corporate director | 2019-10 |
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 |