Mercy Hospital Joplin
Joplin, Jasper County, MO
· CCN 260001
Licensed to Mercy Hospital Joplin
Composite
31.7
rank score
Distress
10
FY2024
Fit
68
vs thesis
Estimated ticket
$24.2M–$48.4M
242 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- margin deteriorating sharply
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $288M |
| Operating margin | 6.5% |
| Total margin | 6.8% |
| Days cash on hand | 152 |
| Current ratio | 2.14 |
| Occupancy | 61% |
Facility
| Beds | 242 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 242 | $251M | $35.0M | 10.1% | 13.4% | 10 | 4.17 | 63% | 11,976 | 22 |
| 2022 | 221 | $278M | $26.3M | 7.1% | 9.3% | 9 | 3.18 | 71% | 13,254 | 22 |
| 2023 | 242 | $269M | $17.0M | 5.3% | 6.2% | 10 | 3.99 | 63% | 14,192 | 22 |
| 2024 | 242 | $288M | $19.5M | 6.5% | 6.8% | 152 | 2.14 | 61% | 14,943 | 10 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Mercy Health | 5% or greater indirect ownership interest | 100 | 2009-11 | |
| Mercy Health Southwest Missouri Kansas Communities | 5% or greater direct ownership interest | 100 | 2009-11 | |
| David Argueta | corporate director | 2026-01 | ||
| Denise Scoffic | corporate officer | 2026-01 | ||
| Dominic Meldi | corporate director | 2026-01 | ||
| Doug Fast | corporate officer | 2026-02 | ||
| Doug Fast | w-2 managing employee | 2026-02 | ||
| Jennifer Brown | corporate officer | 2026-01 | ||
| Jeremy Drinkwitz | corporate officer | 2019-07 | ||
| John Mohart | corporate director | 2021-07 | ||
| Patricia Gelbach | corporate director | 2026-01 | ||
| Stacie Farnam | w-2 managing employee | 2021-01 |
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 MO
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 |
|---|---|---|---|---|
| 2024-07-01 | New Liberty Hospital Corporation | New Liberty Hospital District | Liberty Hospital | 199 |
| 2024-01-01 | Curators Of The University Of Missouri | Capital Region Medical Center | Univ Of Missouri Health Care | 665 |
| 2024-01-01 | Curators Of The University Of Missouri | Capital Region Medical Center | Univ Of Missouri Health Care | 665 |