Wright Memorial Hospital
Trenton, Grundy County, MO
· CCN 261309
Licensed to Saint Luke's Hospital Of Trenton
Composite
32.0
rank score
Distress
32
FY2023
Fit
44
vs thesis
Estimated ticket
$1.8M–$3.6M
21 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin negative
- total margin under 2%
- occupancy 30-45%
- margin deteriorating sharply
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $36.1M |
| Operating margin | -4.9% |
| Total margin | 0.7% |
| Days cash on hand | 157 |
| Current ratio | 2.97 |
| Occupancy | 30% |
Facility
| Beds | 21 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 21 | $35.0M | $3.8M | 7.5% | 10.6% | 221 | 2.24 | 28% | 333 | 13 |
| 2021 | 21 | $36.4M | $3.9M | 2.6% | 9.9% | 198 | 1.89 | 32% | 289 | 6 |
| 2022 | 21 | $37.0M | $1.1M | -0.4% | 2.8% | 141 | 3.40 | 29% | 223 | 29 |
| 2023 | 21 | $36.1M | $267K | -4.9% | 0.7% | 157 | 2.97 | 30% | 202 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bjc Health System | 5% or greater indirect ownership interest | 100 | 2024-01 | |
| Saint Lukes Health System Inc | 5% or greater direct ownership interest | 100 | 1998-04 | |
| Catherine Hamilton | w-2 managing employee | 2023-09 | ||
| Catherine Hamilton | operational/managerial control | 2023-09 | ||
| Damara Harper | corporate officer | 2026-01 | ||
| Damara Harper | operational/managerial control | 2026-01 | ||
| Darren Bass | corporate officer | 2023-09 | ||
| Darren Bass | corporate director | 2026-01 | ||
| Darren Bass | w-2 managing employee | 2026-01 | ||
| Darren Bass | operational/managerial control | 2023-09 | ||
| Dianne Oder | corporate director | 2019-01 | ||
| Jill Pfaff | corporate director | 2023-01 | ||
| Jonathan Lamp | corporate director | 2026-01 | ||
| Kasey Bailey | corporate director | 2024-01 | ||
| Lenny Klaver | corporate director | 2019-01 | ||
| Lindsey Stringer | corporate director | 2020-01 | ||
| Ryan Vandel | corporate director | 2026-01 | ||
| Scott Hawig | corporate officer | 2026-01 | ||
| Scott Hawig | operational/managerial control | 2026-01 |
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 |
|---|---|---|---|---|
| 2023-10-01 | Mercy Hospital Perry | Perry County Health System | Perry County Memorial Hospital | 25 |