Perry County General Hospital
Richton, Perry County, MS · CCN 251306
Composite
57.4
rank score
Distress
100
FY2023
Fit
31
vs thesis
Estimated ticket
$1.3M–$2.6M
22 beds ·
within envelope
Ownership
government
CAH
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%
- margin deteriorating sharply
- 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
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $4.2M |
| Operating margin | -67.1% |
| Total margin | -64.4% |
| Days cash on hand | 0 |
| Current ratio | 0.16 |
| Occupancy | 11% |
Facility
| Beds | 22 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $59.5K |
| Per-bed (high) | $119K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 22 | $5.7M | $-315K | -15.1% | -5.1% | 250 | 0.89 | 15% | 47 | 69 |
| 2021 | 22 | $6.0M | $1.9M | -14.3% | 21.0% | 5 | 1.42 | 12% | 37 | 67 |
| 2022 | 22 | $4.1M | $-846K | -25.4% | -19.7% | 1 | 0.25 | 8% | 11 | 100 |
| 2023 | 22 | $4.2M | $-2.7M | -67.1% | -64.4% | 0 | 0.16 | 11% | 6 | 100 |
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 |
|---|---|---|---|---|
| 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 |