Scotland County Memorial Hospital
dba Scotland County Hospital ·
Memphis, Scotland County, MO
· CCN 261310
Licensed to Scotland County Memorial Hospital
Composite
51.2
rank score
Distress
71
FY2024
Fit
48
vs thesis
Estimated ticket
$1.5M–$3.0M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- debt above 70% of assets
- occupancy 30-45%
- margin deteriorating
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $31.1M |
| Operating margin | -13.6% |
| Total margin | -5.9% |
| Days cash on hand | 28 |
| Current ratio | 1.94 |
| Occupancy | 33% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $59.5K |
| Per-bed (high) | $119K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $14.8M | $-758K | -62.0% | -3.3% | 137 | 1.62 | 34% | 435 | 58 |
| 2022 | 25 | $18.5M | $-3.7M | -41.8% | -16.4% | 57 | 1.30 | 36% | 466 | 78 |
| 2023 | 25 | $18.5M | $-6.0M | -54.2% | -26.7% | 53 | 1.30 | 32% | 428 | 78 |
| 2024 | 25 | $31.1M | $-2.0M | -13.6% | -5.9% | 28 | 1.94 | 33% | 436 | 71 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brent Peirick | w-2 managing employee | 100 | 2022-08 | |
| Brent Peirick | operational/managerial control | 100 | 2022-08 | |
| Meagan Weber | w-2 managing employee | 100 | 2022-08 | |
| Meagan Weber | operational/managerial control | 100 | 2022-08 | |
| Scotland County Memorial Hospital | 5% or greater direct ownership interest | 100 | 2008-05 | |
| Brent Peirick | corporate officer | 2022-08 | ||
| Meagan Weber | corporate officer | 2022-08 |
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 |