dealflow
envelope $200M

← Targets

Jeff Anderson Regional Medical Cente

dba Anderson Regional Medical Center · Meridian, Lauderdale County, MS · CCN 250104
Licensed to Anderson Regional Medical Center

Composite
60.4
rank score
Distress
83
FY2023
Fit
53
vs thesis
Estimated ticket
$18.9M–$37.8M
270 beds · within envelope
Ownership
nonprofit
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 30-45%
  • margin deteriorating sharply
  • part of a multi-hospital chain — divestiture candidate
  • rural — cheaper but limited density
  • large — ticket likely stretches the envelope
  • small ticket — deploys little of the available capital
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$220M
Operating margin -23.9%
Total margin -8.8%
Days cash on hand 18
Current ratio 0.92
Occupancy35%

Facility

Beds270
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $70.0K
Per-bed (high) $140K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 260 $183M $-3.8M -18.0% -1.8% 188 1.23 43% 9,028 44
2021 270 $209M $-3.6M -20.2% -1.5% 111 1.27 41% 8,211 49
2022 270 $213M $-13.2M -25.9% -5.2% 45 1.28 39% 8,003 66
2023 270 $220M $-22.1M -23.9% -8.8% 18 0.92 35% 7,601 83

Owners

OwnerRole%SinceType
Anderson Regional Medical Center
Meridian, MS
5% or greater direct ownership interest 100 1966-01
Anderson Regional Medical Center
Meridian, MS
operational/managerial control 100 2024-01
Baptist Memorial Health Care Corporation
Memphis, TN
5% or greater indirect ownership interest 100 2024-01 chain
Baptist Memorial Health Care Corporation
Memphis, TN
operational/managerial control 100 2024-01 chain
Arthur Maples w-2 managing employee 2024-01
Brad Huff corporate director 2020-03
Brad Huff operational/managerial control 2024-01
David Vowell corporate director 2011-01
David Vowell operational/managerial control 2024-01
Gregory Duckett corporate officer 2024-01
Gregory Duckett corporate director 2024-01
Gregory Duckett operational/managerial control 2024-01
James Grantham corporate director 2024-01
James Grantham operational/managerial control 2024-01
Janet Farrington corporate director 1986-04
Janet Farrington operational/managerial control 2024-01
Jason Little corporate officer 2024-01
Jason Little corporate director 2024-01
John Anderson corporate officer 1993-03
John Anderson w-2 managing employee 1993-03
John Anderson operational/managerial control 2024-01
Joseph Anderson corporate officer 2024-01
Joseph Anderson corporate director 1984-12
Joseph Anderson operational/managerial control 2024-01
Shawn Anderson corporate director 2001-09

Showing 25 of 28. Full list via /api/targets/250104.

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