Panola Medical Center
Batesville, Panola County, MS · CCN 250128
Composite
56.1
rank score
Distress
90
FY2023
Fit
39
vs thesis
Estimated ticket
$1.5M–$2.9M
21 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 ratio below 0.8
- liabilities exceed assets
- occupancy below 30%
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $30.5M |
| Operating margin | -14.1% |
| Total margin | -9.8% |
| Days cash on hand | 8 |
| Current ratio | 0.45 |
| Occupancy | 26% |
Facility
| Beds | 21 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | 45 | $27.9M | $-3.8M | -36.1% | -11.3% | 62 | 0.90 | 52% | 1,907 | 73 |
| 2021 | 45 | $33.4M | $-5.2M | -25.6% | -14.2% | — | 0.57 | 37% | 1,581 | 87 |
| 2022 | 21 | $33.4M | $-4.0M | -21.8% | -10.8% | — | 0.57 | 59% | 892 | 83 |
| 2023 | 21 | $30.5M | $-3.1M | -14.1% | -9.8% | 8 | 0.45 | 26% | 606 | 90 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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 |