dealflow
envelope $200M

← Targets

Missouri Baptist Sullivan Hospital

Sullivan, Crawford County, MO · CCN 261337
Licensed to Missouri Baptist Hospital Of Sullivan

Composite
35.3
rank score
Distress
26
FY2023
Fit
59
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin under 2%
  • under 30 days cash on hand
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$78.6M
Operating margin 0.7%
Total margin 4.5%
Days cash on hand 1
Current ratio 2.66
Occupancy70%

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
2020 25 $59.3M $-911K -9.3% -1.4% 1 1.44 67% 1,675 56
2021 25 $68.0M $1.8M -0.7% 2.6% 1 1.72 77% 1,815 38
2022 25 $73.4M $2.2M 2.7% 2.9% 1 3.24 73% 1,858 22
2023 25 $78.6M $3.7M 0.7% 4.5% 1 2.66 70% 1,971 26

Owners

OwnerRole%SinceType
Bjc Health System
Saint Louis, MO
operational/managerial control 2012-09
Brittni Garden corporate director 2025-01
Carmen Bartolotta corporate officer 2025-01
Debbie Dixon corporate director 2004-01
Debbie Dixon operational/managerial control 2004-01
Irene Ruble corporate officer 1998-11
Irene Ruble corporate director 1998-11
Irene Ruble operational/managerial control 1998-11
Jennifer Aven corporate director 2025-01
Jennifer Barbin corporate officer 2025-01
Jennifer Barbin corporate director 2025-01
Joan Magruder corporate director 2023-01
Joan Magruder operational/managerial control 2023-01
Kelly King corporate director 2026-01
Lisa Lochner corporate officer 2021-08
Lisa Lochner w-2 managing employee 1994-02
Lisa Lochner operational/managerial control 1994-02
Michele Mckee corporate officer 2026-04
Michele Mckee operational/managerial control 2026-04
Missouri Baptist Medical Center
Saint Louis, MO
operational/managerial control 2002-10
Scott Hawig corporate officer 2026-01
Scott Hawig operational/managerial control 2026-01
Sharon Dace corporate director 2002-10
Sharon Dace operational/managerial control 2003-01
Tanya Voss corporate director 2021-01

Showing 25 of 29. Full list via /api/targets/261337.

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