Cox-Monett Hospital
dba Cox Monett Hospital ·
Monett, Barry County, MO
· CCN 261329
Licensed to Cox-Monett Hospital, Inc.
Composite
29.4
rank score
Distress
20
FY2023
Fit
51
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin under 2%
- 60-90 days cash on hand
- 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 | $63.4M |
| Operating margin | 1.2% |
| Total margin | 12.5% |
| Days cash on hand | 77 |
| Current ratio | 6.19 |
| Occupancy | 43% |
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 | $41.5M | $-4.0M | -20.0% | -8.7% | 92 | 1.53 | 34% | 711 | 59 |
| 2021 | 25 | $56.6M | $10.1M | 5.2% | 15.9% | 88 | 2.23 | 48% | 928 | 12 |
| 2022 | 25 | $63.8M | $9.0M | 8.2% | 13.3% | 83 | 6.07 | 48% | 983 | 12 |
| 2023 | 25 | $63.4M | $9.0M | 1.2% | 12.5% | 77 | 6.19 | 43% | 900 | 20 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Coxhealth | 5% or greater direct ownership interest | 100 | 2019-10 | |
| Coxhealth | operational/managerial control | 100 | 2013-12 | |
| The Bank Of New York Mellon Trust Company | 5% or greater mortgage interest | 32 | 2021-01 | |
| Amanda Hedgpeth | w-2 managing employee | 2023-09 | ||
| Andrea Mckay | corporate officer | 2022-06 | ||
| Andrea Mckay | w-2 managing employee | 2022-06 | ||
| Brad Erwin | corporate director | 2018-02 | ||
| Brian Jared | corporate director | 2016-10 | ||
| Carol Taylor | corporate director | 2014-04 | ||
| Charles Chalender | corporate director | 2008-10 | ||
| Daniel Roth | corporate director | 2024-10 | ||
| Daniel Roth | operational/managerial control | 2024-10 | ||
| Daphne Lemon | corporate director | 2021-10 | ||
| Dennis Heim | corporate director | 2013-10 | ||
| Hal Higdon | corporate director | 2008-10 | ||
| Howard Jarvis | corporate director | 2015-02 | ||
| Ibrahim Abdalla | corporate director | 2017-10 | ||
| Jackson Gurley | w-2 managing employee | 2026-03 | ||
| Jacob Mcway | corporate officer | 2004-09 | ||
| Jacob Mcway | w-2 managing employee | 2004-09 | ||
| James Hutcheson | corporate director | 2013-10 | ||
| Jan Baumgartner | corporate director | 2016-10 | ||
| Jefferson Tynes | corporate director | 2013-10 | ||
| Joselyn Baldner | corporate director | 2026-01 | ||
| Joseph Turner | corporate director | 2013-10 |
Showing 25 of 43. Full list via /api/targets/261329.
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 |