Cameron Regional Medical Center
dba Cameron Regional Medical Center, Inc ·
Cameron, Clinton County, MO
· CCN 260057
Licensed to Cameron Regional Medical Center Inc
Composite
58.0
rank score
Distress
65
FY2023
Fit
72
vs thesis
Estimated ticket
$17.9M–$71.4M
42 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- occupancy 30-45%
- urban — higher occupancy and iteration surface
- small but workable bed count
- ticket size somewhat below the envelope
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $59.1M |
| Operating margin | -22.7% |
| Total margin | -9.5% |
| Days cash on hand | 4 |
| Current ratio | 1.58 |
| Occupancy | 37% |
Facility
| Beds | 42 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 42 | $53.7M | $-6.8M | -16.8% | -12.3% | 109 | 1.38 | 44% | 1,295 | 58 |
| 2021 | 42 | $62.5M | $16.3M | -5.8% | 19.8% | 91 | 2.99 | 46% | 1,272 | 29 |
| 2022 | 42 | $65.0M | $-13.7M | -12.0% | -23.1% | 47 | 2.12 | 42% | 1,122 | 67 |
| 2023 | 42 | $59.1M | $-6.3M | -22.7% | -9.5% | 4 | 1.58 | 37% | 998 | 65 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cameron Regional Medical Center Inc | 5% or greater direct ownership interest | 100 | 1966-07 | |
| Barbara Ballew | corporate director | 2009-01 | ||
| David Just | corporate director | 2008-01 | ||
| Jennifer White | corporate director | 2008-01 | ||
| Joseph Abrutz | corporate director | 2014-12 | ||
| Joseph Abrutz | w-2 managing employee | 1991-04 | ||
| Joseph Abrutz | operational/managerial control | 2014-12 | ||
| Mike Brown | corporate director | 2008-01 | ||
| Mike Poland | corporate director | 2008-01 | ||
| Steve Tinnen | corporate director | 2008-01 | ||
| Warren Mcelwain | corporate director | 2008-01 |
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 |