dealflow
envelope $200M

← Targets

Methoidst H/c Olive Branch Hospital

Olive Branch, De Soto County, MS · CCN 250167
Licensed to Methodist Healthcare - Olive Branch Hospital

Composite
55.2
rank score
Distress
57
FY2023
Fit
74
vs thesis
Estimated ticket
$31.0M–$124M
73 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • under 30 days cash on hand
  • current ratio below 0.8
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size somewhat below the envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$83.9M
Operating margin -14.4%
Total margin 4.6%
Days cash on hand 0
Current ratio -10.67
Occupancy67%

Facility

Beds73
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $425K
Per-bed (high) $1.7M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 53 $69.3M $-5.1M -19.5% -6.6% 0 0.93 75% 4,048 71
2021 57 $81.2M $-5.8M -13.5% -6.7% 0 2.79 86% 4,515 62
2022 65 $75.4M $19.0M -25.6% 16.7% 0 -5.76 70% 4,515 63
2023 73 $83.9M $4.7M -14.4% 4.6% 0 -10.67 67% 5,031 57

Owners

OwnerRole%SinceType
Charles Lane corporate officer 2018-12
David Baytos corporate officer 2013-03
Kristopher Sanders corporate officer 2018-12
Kristopher Sanders w-2 managing employee 2018-12
Linda Haynes w-2 managing employee 2018-12
Methodist Le Bonheur Healthcare
Memphis, TN
operational/managerial control 2013-09
Michael Ugwueke corporate officer 2017-01

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