North Mississippi State Hospital
Tupelo, Lee County, MS
· CCN 254009
Licensed to North Mississippi State Hospital
Composite
55.1
rank score
Distress
70
FY2024
Fit
59
vs thesis
Estimated ticket
$1.9M–$3.9M
50 beds ·
within envelope
Ownership
government
PH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- margin deteriorating sharply
- rural — cheaper but limited density
- specialty facility — narrower problem scope
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $746K |
| Operating margin | -1,207.0% |
| Total margin | -44.2% |
| Days cash on hand | 0 |
| Current ratio | 28.01 |
| Occupancy | 89% |
Facility
| Beds | 50 |
| Facility type | PH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $38.5K |
| Per-bed (high) | $77.0K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 50 | $917K | $3.1M | -765.5% | 28.4% | 39 | 1.14 | 79% | 468 | 48 |
| 2022 | 50 | $1.5M | $-3.6M | -566.4% | -58.9% | 0 | -1.98 | 88% | 371 | 80 |
| 2023 | 50 | $968K | $-2.8M | -885.1% | -41.0% | 0 | -12.03 | 93% | 384 | 80 |
| 2024 | 50 | $746K | $-3.0M | -1,207.0% | -44.2% | 0 | 28.01 | 89% | 417 | 70 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Paul Callens | corporate director | 2002-05 | ||
| Paul Callens | w-2 managing employee | 2002-05 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.