dealflow
envelope $200M

← Targets

Sharkey-Issaquena Comm Hospital

Rolling Fork, Sharkey County, MS · CCN 251338

Composite
27.2
rank score
Distress
33
FY2023
Fit
31
vs thesis
Estimated ticket
$1.7M–$3.4M
20 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin below -10%
  • occupancy below 30%
  • 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$7.3M
Operating margin -72.9%
Total margin 21.8%
Days cash on hand 203
Current ratio 1.56
Occupancy9%

Facility

Beds20
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 19 $9.1M $2.1M -28.3% 15.6% 200 2.08 18% 95 37
2021 19 $10.0M $281K -22.5% 2.2% 154 2.98 16% 93 44
2022 20 $10.0M $43.3K -39.7% 0.3% 68 1.60 17% 117 50
2023 20 $7.3M $3.5M -72.9% 21.8% 203 1.56 9% 102 33

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.

DateBuyerSellerHospitalBeds
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