Baptist Mem Hospital Desoto
dba Bmh - Desoto ·
Southaven, MS
· CCN 250141
Licensed to Baptist Memorial Hospital-Desoto, Inc.
Composite
52.8
rank score
Distress
63
FY2023
Fit
61
vs thesis
Estimated ticket
$25.3M–$50.7M
298 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin negative
- under 30 days cash on hand
- current ratio below 0.8
- margin deteriorating sharply
- rural — cheaper but limited density
- large — ticket likely stretches the envelope
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $316M |
| Operating margin | -1.9% |
| Total margin | -0.9% |
| Days cash on hand | 6 |
| Current ratio | -0.76 |
| Occupancy | 71% |
Facility
| Beds | 298 |
| 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 | 299 | $290M | $18.6M | -2.3% | 5.9% | 4 | -0.61 | 70% | 13,315 | 51 |
| 2021 | 311 | $301M | $4.1M | -0.5% | 1.3% | 5 | -0.61 | 74% | 14,578 | 54 |
| 2022 | 298 | $302M | $-4.8M | -5.2% | -1.5% | 4 | -0.54 | 73% | 15,455 | 66 |
| 2023 | 298 | $316M | $-3.0M | -1.9% | -0.9% | 6 | -0.76 | 71% | 19,507 | 63 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Arie Szatkowski | corporate director | 2020-08 | ||
| Arthur Maples | corporate director | 2020-12 | ||
| Baptist Memorial Health Care Corporation | 5% or greater direct ownership interest | 1982-08 | ||
| Brian Hogan | w-2 managing employee | 2020-08 | ||
| Cary Finn | corporate director | 2020-08 | ||
| Dale Morris | corporate director | 2015-01 | ||
| Gregory Duckett | corporate officer | 2000-01 | ||
| Jason Little | corporate officer | 2013-01 | ||
| Paul Depriest | corporate officer | 2014-06 | ||
| Randy King | corporate officer | 2015-01 | ||
| Riad Homsi | corporate director | 2020-08 | ||
| Spence Wilson | corporate director | 2005-01 | ||
| William Griffin | corporate officer | 2020-12 |
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 |