dealflow
envelope $200M

← Targets

Highland Hills Medical Center

Senatobia, Tate County, MS · CCN 250172
Licensed to Tate County Hospital

Already transacted. CMS recorded an ownership change effective 2023-05-01. Confirm the current owner before spending a call on this.
Composite
11.8
rank score
Distress
34
FY2023
Fit
46
vs thesis
Estimated ticket
$7.5M–$30.0M
15 beds · within envelope
Ownership
government
STH

Why it ranks here

  • operating margin under 2%
  • under 30 days cash on hand
  • occupancy below 30%
  • urban — higher occupancy and iteration surface
  • very small facility
  • small ticket — deploys little of the available capital
  • very low occupancy — limited volume to learn from
  • government-owned — public process likely
  • changed ownership 2023-05-01 — likely already transacted

Latest financials · FY2023

Net patient revenue$6.8M
Operating margin 1.4%
Total margin 5.8%
Days cash on hand 0
Current ratio 5.49
Occupancy7%

Facility

Beds15
Facility typeSTH
Settingurban
Ownership classgovernment
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2022 15 $4.1M $-4.6M -172.8% -71.8% 14 3.23 23% 391 87
2023 15 $6.8M $413K 1.4% 5.8% 0 5.49 7% 81 34

Owners

OwnerRole%SinceType
Brant Kairit corporate director 2025-02
Craig Shideler corporate director 2023-05
Jay Tindall corporate director 2025-02
Jennifer Bouchillon contracted managing employee 2023-05
Jennifer Hall corporate director 2025-02
Jennifer Miller w-2 managing employee 2025-01
Michael Zech corporate director 2023-05
Parke Pepper corporate director 2023-05
Ronnie King corporate director 2023-05
Tate County Hospital
Senatobia, MS
5% or greater direct ownership interest 2023-05

Ownership changes

DateTypeBuyerSeller
2023-05-01 change of ownership Tate County Hospital Delta Health System

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