Nevada Regional Medical Center
Nevada, Vernon County, MO
· CCN 260061
Licensed to Nevada City Hospital
Composite
55.6
rank score
Distress
80
FY2024
Fit
49
vs thesis
Estimated ticket
$2.9M–$5.7M
41 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- total margin negative
- 30-60 days cash on hand
- current liabilities exceed current assets
- debt above 85% of assets
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $38.6M |
| Operating margin | -24.1% |
| Total margin | -1.3% |
| Days cash on hand | 35 |
| Current ratio | 0.99 |
| Occupancy | 16% |
Facility
| Beds | 41 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 41 | $35.3M | $4.4M | -16.1% | 9.7% | 151 | 1.13 | 18% | 831 | 44 |
| 2022 | 41 | $39.5M | $704K | -20.0% | 1.5% | 67 | 1.14 | 21% | 873 | 58 |
| 2023 | 41 | $42.5M | $-649K | -13.3% | -1.4% | 68 | 1.09 | 15% | 705 | 62 |
| 2024 | 41 | $38.6M | $-592K | -24.1% | -1.3% | 35 | 0.99 | 16% | 612 | 80 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Aimee Meyer | corporate director | 2022-01 | ||
| Amanda Swink | corporate director | 2025-01 | ||
| Brian Leonard | corporate director | 2025-02 | ||
| Candice Moore | corporate director | 2016-03 | ||
| Cindy Thompson | corporate director | 2022-01 | ||
| Geoff Stewart | corporate director | 2023-01 | ||
| Holly Bush | corporate officer | 2025-06 | ||
| Jason Anglin | corporate officer | 2022-11 | ||
| Jayne Novak | corporate director | 2022-01 | ||
| Michelle Cox | w-2 managing employee | 2000-07 | ||
| Mike Brown | corporate director | 2022-01 | ||
| Seth Barrett | corporate director | 2023-01 |
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 |