dealflow
envelope $200M

← Targets

Parkland Hlth Ctr - Bonne Terre

Bonne Terre, St Francois County, MO · CCN 261315

Composite
28.6
rank score
Distress
28
FY2023
Fit
40
vs thesis
Estimated ticket
$255K–$510K
3 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • under 30 days cash on hand
  • occupancy below 30%
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$10.1M
Operating margin 43.7%
Total margin 43.8%
Days cash on hand 0
Current ratio 2.31
Occupancy3%

Facility

Beds3
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 3 $97.1M $3.2M -1.9% 3.0% 0 0.67 4% 30 60
2021 3 $120M $8.5M 8.5% 6.8% 0 1.10 5% 27 34
2022 3 $124M $393K 3.1% 0.3% 0 2.41 5% 27 34
2023 3 $10.1M $4.4M 43.7% 43.8% 0 2.31 3% 10 28

Owners

No ownership records — CMS has no owner filings mapped to this CCN.

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.

DateBuyerSellerHospitalBeds
2023-10-01 Mercy Hospital Perry Perry County Health System Perry County Memorial Hospital 25