Kpc Promise Hospital Of Vicksburg
Vicksburg, Warren County, MS · CCN 252008
Composite
59.1
rank score
Distress
87
FY2023
Fit
50
vs thesis
Estimated ticket
$1.5M–$2.9M
35 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- 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 · FY2023
| Net patient revenue | $5.9M |
| Operating margin | -22.2% |
| Total margin | -22.2% |
| Days cash on hand | 0 |
| Current ratio | -0.46 |
| Occupancy | 45% |
Facility
| Beds | 35 |
| Facility type | LTCH |
| Setting | rural |
| Ownership class | for-profit |
| Per-bed (low) | $42.0K |
| Per-bed (high) | $84.0K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 35 | $11.0M | $220K | -2.4% | 1.9% | 0 | -17.75 | 72% | 310 | 54 |
| 2022 | 35 | $10.7M | $752K | 2.3% | 6.7% | 0 | -0.81 | 65% | 318 | 36 |
| 2023 | 35 | $5.9M | $-1.3M | -22.2% | -22.2% | 0 | -0.46 | 45% | 163 | 87 |
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.