Regency Hospital Of Meridian
Meridian, Lauderdale County, MS
· CCN 252006
Licensed to Regency Hospital Company Of Meridian Llc
Composite
28.5
rank score
Distress
19
FY2024
Fit
50
vs thesis
Estimated ticket
$2.4M–$4.8M
40 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- occupancy 30-45%
- margin deteriorating sharply
- rural — cheaper but limited density
- LTCH — distress here is a payment-model artifact
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $10.2M |
| Operating margin | 2.3% |
| Total margin | 4.4% |
| Days cash on hand | — |
| Current ratio | 1.58 |
| Occupancy | 35% |
Facility
| Beds | 40 |
| Facility type | LTCH |
| Setting | rural |
| Ownership class | for-profit |
| Per-bed (low) | $60.0K |
| Per-bed (high) | $120K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 40 | $10.2M | $4.0M | 21.1% | 32.0% | — | 0.60 | 41% | 228 | 24 |
| 2022 | 40 | $9.7M | $-686K | -13.1% | -6.4% | — | 1.51 | 38% | 231 | 59 |
| 2023 | 40 | $11.0M | $982K | 7.0% | 8.8% | — | 1.99 | 39% | 233 | 7 |
| 2024 | 40 | $10.2M | $468K | 2.3% | 4.4% | — | 1.58 | 35% | 194 | 19 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Intensiva Healthcare Corporation | 5% or greater indirect ownership interest | 100 | 2010-09 | |
| Regency Hospital Company, Llc | 5% or greater indirect ownership interest | 100 | 2025-04 | |
| Regency Hospitals Llc | 5% or greater direct ownership interest | 100 | 2023-01 | |
| Regency Hospitals Llc | 5% or greater indirect ownership interest | 100 | 2010-09 | |
| Select Medical Corporation | 5% or greater indirect ownership interest | 100 | 2010-09 | |
| Select Medical Corporation | operational/managerial control | 100 | 2010-09 | |
| Eliza Gavin | corporate officer | 2020-08 | ||
| Eliza Gavin | w-2 managing employee | 2020-08 | ||
| Eliza Gavin | operational/managerial control | 2020-08 | ||
| John Duggan | corporate officer | 2010-09 | ||
| John Duggan | corporate director | 2025-09 | ||
| John Saich | corporate officer | 2025-08 | ||
| Michael Malatesta | corporate officer | 2025-04 | ||
| Robert Breighner | w-2 managing employee | 2025-08 | ||
| Robert Kido | corporate officer | 2025-08 | ||
| Thomas Mullin | corporate officer | 2025-08 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.