Jefferson Davis General Hospital
Prentiss, Jefferson Davis County, MS
· CCN 251326
Licensed to Forrest County General Hospital
Composite
55.7
rank score
Distress
90
FY2023
Fit
38
vs thesis
Estimated ticket
$1.5M–$3.0M
25 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%
- 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 · FY2023
| Net patient revenue | $13.1M |
| Operating margin | -11.7% |
| Total margin | -10.3% |
| Days cash on hand | 1 |
| Current ratio | 0.12 |
| Occupancy | 9% |
Facility
| Beds | 25 |
| 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 | 25 | $12.4M | $-1.3M | -14.0% | -10.4% | 1 | 0.27 | 12% | 60 | 89 |
| 2021 | 25 | $12.3M | $5.1M | -15.4% | 26.6% | 0 | 0.11 | 11% | 53 | 83 |
| 2022 | 25 | $13.9M | $256K | 0.6% | 1.8% | 0 | 0.13 | 12% | 62 | 66 |
| 2023 | 25 | $13.1M | $-1.4M | -11.7% | -10.3% | 1 | 0.12 | 9% | 34 | 90 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Andrew Mercier | corporate officer | 2024-06 | ||
| Andrew Mercier | corporate director | 2024-06 | ||
| Ben Hester | corporate director | 2015-08 | ||
| Ben Hester | w-2 managing employee | 2015-08 | ||
| Ben Hester | operational/managerial control | 2015-08 | ||
| Erik Steele | corporate officer | 2017-06 | ||
| Erik Steele | corporate director | 2017-06 | ||
| Harry Mcarthur | corporate officer | 2024-08 | ||
| Harry Mcarthur | corporate director | 2024-08 | ||
| Jana Causey | corporate officer | 2023-06 | ||
| Jana Causey | corporate director | 2023-06 | ||
| Lewis Hatten | corporate officer | 2025-06 | ||
| Lewis Hatten | corporate director | 2025-06 | ||
| Peggy Answorth | corporate officer | 2023-04 | ||
| Peggy Answorth | corporate director | 2023-04 | ||
| Shea Mcnease | corporate officer | 2024-08 | ||
| Shea Mcnease | corporate director | 2024-08 |
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 |