dealflow
envelope $200M

← Targets

Mercy Hospital Cassville

Cassville, Barry County, MO · CCN 261317
Licensed to Mercy Hospital Cassville

Composite
33.3
rank score
Distress
28
FY2024
Fit
47
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • under 30 days cash on hand
  • occupancy below 30%
  • 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
  • very low occupancy — limited volume to learn from
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$22.3M
Operating margin 7.4%
Total margin 14.2%
Days cash on hand 0
Current ratio 26.06
Occupancy18%

Facility

Beds25
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
2021 25 $14.0M $145K -0.8% 1.0% 0 1.47 14% 283 53
2022 25 $19.1M $3.5M 13.7% 17.4% 0 8.27 16% 298 31
2023 25 $21.4M $3.3M 14.4% 15.1% 0 42.78 18% 344 31
2024 25 $22.3M $3.4M 7.4% 14.2% 0 26.06 18% 415 28

Owners

OwnerRole%SinceType
Mercy Health
Chesterfield, MO
5% or greater indirect ownership interest 100 2009-12 chain
Mercy Health Springfield Communities
Springfield, MO
5% or greater direct ownership interest 100 2012-02
Billy Redus corporate director 2016-07
Cabrini Koelsch corporate director 2012-02
Danielle Still corporate director 2020-07
Denise Scoffic corporate officer 2026-01
Earle Shiveley corporate director 2021-07
Jaime Zengotita corporate director 2021-07
Jennifer Brown corporate officer 2026-01
John Lee corporate officer 2021-07
Sherry Clouse Day corporate officer 2020-05
Sherry Clouse Day w-2 managing employee 2020-05
Stacie Farnam w-2 managing employee 2021-01
Traci Mitchell corporate director 2021-07
Travis Hawks corporate director 2018-07
Valerie Davis corporate director 2020-11

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