Monroe Regional Hospital
Aberdeen, Monroe County, MS
· CCN 251302
Licensed to Boa Vida Hospital Of Aberdeen Ms Llc
Composite
48.6
rank score
Distress
68
FY2023
Fit
45
vs thesis
Estimated ticket
$1.8M–$3.6M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin below -10%
- under 30 days cash on hand
- current liabilities exceed current assets
- liabilities exceed assets
- occupancy 30-45%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $38.5M |
| Operating margin | -32.2% |
| Total margin | 3.4% |
| Days cash on hand | 29 |
| Current ratio | 0.92 |
| Occupancy | 31% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $72.2K |
| Per-bed (high) | $144K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $28.0M | $-1.1M | -2.0% | -4.0% | 195 | 0.97 | 39% | 329 | 53 |
| 2021 | 25 | $35.7M | $5.8M | -3.3% | 13.6% | 87 | 1.14 | 38% | 239 | 46 |
| 2022 | 25 | $45.6M | $429K | 0.9% | 0.9% | 10 | 1.36 | 40% | 181 | 52 |
| 2023 | 25 | $38.5M | $1.8M | -32.2% | 3.4% | 29 | 0.92 | 31% | 157 | 68 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Boa Vida Hospital Of Aberdeen Ms Llc | 5% or greater direct ownership interest | 100 | 2017-10 | |
| Boa Vida Hospital Of Aberdeen Ms Llc | operational/managerial control | 100 | 2017-10 | |
| Dana Strong | corporate director | 1 | 2018-05 | |
| Jennie Lankhorst | w-2 managing employee | 2025-10 | ||
| Kirnjot Singh | contracted managing employee | 2017-10 | ||
| Kirnjot Singh | corporate officer | 2017-10 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2017-10-01 | change of ownership | Boa Vida Hospital Of Aberdeen Ms Llc | Pioneer Health Services Of... |
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 |
|---|---|---|---|---|
| 2020-02-01 | Forrest County General Hospital | Pearl River County Hospital & Nursing Home | Pearl River County Hospital | 24 |
| 2017-10-01 | Boa Vida Hospital Of Aberdeen Ms Llc | Pioneer Health Services Of Monroe... | Monroe Regional Hospital | 25 |