University Hospital & Clinics - Holm
dba Holmes County Hospital & Clinics ·
Lexington, Holmes County, MS
· CCN 251319
Licensed to State Of Mississippi-University Of Mississippi Medical Center
Composite
27.8
rank score
Distress
28
FY2024
Fit
38
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- under 30 days cash on hand
- occupancy below 30%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $17.1M |
| Operating margin | 20.3% |
| Total margin | 23.8% |
| Days cash on hand | 0 |
| Current ratio | 2.20 |
| Occupancy | 14% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $11.8M | $-151K | -16.6% | -1.1% | 0 | -4.64 | 24% | 207 | 80 |
| 2022 | 25 | $11.0M | $-106K | -27.4% | -0.8% | 0 | -4.26 | 19% | 243 | 80 |
| 2023 | 25 | $16.1M | $1.5M | 9.1% | 9.2% | 0 | -3.65 | 16% | 247 | 44 |
| 2024 | 25 | $17.1M | $4.2M | 20.3% | 23.8% | 0 | 2.20 | 14% | 162 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Jeffrey Grimsley | corporate officer | 2014-09 | ||
| Jeffrey Grimsley | w-2 managing employee | 2014-09 | ||
| State Of Mississippi-University Of Mississippi Medical Center | 5% or greater direct ownership interest | 2004-10 |
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 |