Cox Barton County Hospital
Lamar, Barton County, MO
· CCN 261325
Licensed to Cox Barton County Hospital
Composite
28.5
rank score
Distress
18
FY2023
Fit
51
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- 60-90 days cash on hand
- debt above 70% of assets
- occupancy 30-45%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $29.9M |
| Operating margin | 6.9% |
| Total margin | 15.6% |
| Days cash on hand | 62 |
| Current ratio | 1.62 |
| Occupancy | 31% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $21.3M | $-20.0K | -7.8% | -0.1% | 75 | 1.21 | 25% | 367 | 63 |
| 2021 | 25 | $23.1M | $1.1M | -9.8% | 4.2% | 66 | 0.94 | 31% | 495 | 54 |
| 2022 | 25 | $25.0M | $2.4M | -3.0% | 8.4% | 67 | 0.94 | 29% | 469 | 51 |
| 2023 | 25 | $29.9M | $5.2M | 6.9% | 15.6% | 62 | 1.62 | 31% | 495 | 18 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Coxhealth | 5% or greater direct ownership interest | 100 | 2018-01 | |
| Amanda Hedgpeth | operational/managerial control | 2025-01 | ||
| Andrea Mckay | corporate officer | 2024-03 | ||
| Andrea Mckay | operational/managerial control | 2024-03 | ||
| Brad Erwin | corporate director | 2019-10 | ||
| Brian Jared | corporate director | 2019-10 | ||
| Carol Taylor | corporate director | 2019-10 | ||
| Charles Chalender | corporate director | 2019-10 | ||
| Coxhealth | operational/managerial control | 2019-10 | ||
| Daniel Roth | corporate officer | 2024-10 | ||
| Daniel Roth | operational/managerial control | 2024-10 | ||
| Daphne Lemon | corporate director | 2021-10 | ||
| Dennis Heim | corporate director | 2019-10 | ||
| Hal Higdon | corporate director | 2019-10 | ||
| Howard Jarvis | corporate director | 2019-10 | ||
| Ibrahim Abdalla | corporate director | 2019-10 | ||
| Jackson Gurley | w-2 managing employee | 2026-03 | ||
| Jacob Mcway | corporate officer | 2018-01 | ||
| Jacob Mcway | operational/managerial control | 2018-01 | ||
| James Hutcheson | corporate director | 2019-10 | ||
| Jan Baumgartner | corporate director | 2019-10 | ||
| Jefferson Tynes | corporate director | 2019-10 | ||
| Joselyn Baldner | corporate director | 2026-01 | ||
| Joseph Turner | corporate director | 2019-10 | ||
| Julia Flax | corporate director | 2019-10 |
Showing 25 of 42. Full list via /api/targets/261325.
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 |