Ms Baptist Medical Center
Jackson, Hinds County, MS
· CCN 250102
Licensed to Mississippi Baptist Medical Center, Inc
Composite
52.5
rank score
Distress
57
FY2023
Fit
67
vs thesis
Estimated ticket
$33.0M–$66.0M
388 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin negative
- 90-150 days cash on hand
- current liabilities exceed current assets
- debt above 85% of assets
- margin deteriorating
- rural — cheaper but limited density
- large — ticket likely stretches the envelope
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $448M |
| Operating margin | -11.8% |
| Total margin | -2.4% |
| Days cash on hand | 120 |
| Current ratio | 0.91 |
| Occupancy | 76% |
Facility
| Beds | 388 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 424 | $380M | $4.6M | -16.3% | 1.0% | 146 | 0.77 | 67% | 17,967 | 57 |
| 2021 | 412 | $463M | $77.2M | -0.9% | 14.2% | 155 | 1.00 | 77% | 17,998 | 23 |
| 2022 | 399 | $449M | $-4.8M | -9.6% | -1.0% | 121 | 0.95 | 81% | 17,748 | 51 |
| 2023 | 388 | $448M | $-11.9M | -11.8% | -2.4% | 120 | 0.91 | 76% | 16,684 | 57 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Baptist Memorial Health Care Corporation | 5% or greater indirect ownership interest | 100 | 2017-05 | |
| Mississippi Baptist Health Systems, Inc | 5% or greater direct ownership interest | 100 | 1996-09 | |
| Mississippi Baptist Health Systems, Inc | operational/managerial control | 100 | 1996-09 | |
| Alveno Castilla | corporate director | 2017-05 | ||
| Arthur Jernigan | corporate director | 2017-05 | ||
| Arthur Maples | corporate director | 2020-08 | ||
| Bobbie Ware | corporate officer | 2015-01 | ||
| Bobbie Ware | w-2 managing employee | 2015-01 | ||
| Douglas Buckles | corporate director | 2017-05 | ||
| Gary Anderson | corporate officer | 2014-03 | ||
| Gregory Duckett | corporate officer | 2017-05 | ||
| Jason Little | corporate officer | 2020-01 | ||
| Jason Little | corporate director | 2020-01 | ||
| Karlen Turbeville | corporate director | 2017-05 | ||
| Lee Miller | corporate director | 2017-05 | ||
| Paul Calhoun | corporate director | 2017-05 | ||
| Philip Gunn | corporate director | 2020-08 | ||
| Robert Gathings | corporate director | 2017-05 | ||
| Tammy Young | corporate director | 2017-05 |
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 |