Perry County Memorial Hospital
Perryville, Perry County, MO
· CCN 261311
Licensed to Mercy Hospital Perry
Already transacted. CMS recorded an ownership change effective
2023-10-01. Confirm the current owner before spending a call on this.
Composite
13.4
rank score
Distress
31
FY2023
Fit
56
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin -10% to -5%
- 60-90 days cash on hand
- occupancy 45-60%
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
- changed ownership 2023-10-01 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $60.8M |
| Operating margin | -9.3% |
| Total margin | 2.1% |
| Days cash on hand | 80 |
| Current ratio | 2.78 |
| Occupancy | 55% |
Facility
| Beds | 25 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $51.4M | $-3.4M | -17.6% | -6.0% | 33 | 1.24 | 53% | 1,082 | 62 |
| 2022 | 25 | $59.6M | $7.8M | -9.0% | 10.7% | 92 | 2.10 | 63% | 1,259 | 27 |
| 2023 | 25 | $60.8M | $1.5M | -9.3% | 2.1% | 80 | 2.78 | 55% | 1,100 | 31 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Mercy Health | 5% or greater indirect ownership interest | 100 | 2023-10 | chain |
| Mercy Health East Communities | 5% or greater direct ownership interest | 100 | 2023-10 | |
| Brian Day | corporate officer | 2025-09 | ||
| Christopher Wibbenmeyer | corporate officer | 2023-10 | ||
| Christopher Wibbenmeyer | w-2 managing employee | 2023-10 | ||
| Craig Hayden | corporate director | 2023-10 | ||
| Daniel Eckenfels | corporate director | 2023-10 | ||
| Gary Schumer | corporate director | 2023-10 | ||
| Gregory Unger | corporate director | 2023-10 | ||
| Jamie Wilke | corporate officer | 2024-07 | ||
| Kay Taylor | corporate director | 2023-10 | ||
| Linda Buerck | corporate director | 2023-10 | ||
| Matthew Gaeta | corporate director | 2023-10 | ||
| Patrick Naeger | corporate director | 2023-10 | ||
| Robert Patrick | corporate director | 2023-10 | ||
| Robin Simms | corporate director | 2023-10 | ||
| Ryan Johnston | corporate director | 2023-10 | ||
| Sandeep Rao | corporate director | 2023-10 | ||
| Sherry Clouse Day | corporate officer | 2023-10 | ||
| Stacie Farnam | w-2 managing employee | 2023-10 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2023-10-01 | change of ownership | Mercy Hospital Perry | Perry County Health System |
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 |