Landmark Hospital Of Cape Girardeau
Cape Girardeau, Cape Girardeau County, MO · CCN 262015
Composite
64.9
rank score
Distress
82
FY2023
Fit
70
vs thesis
Estimated ticket
$6.3M–$25.2M
30 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $11.9M |
| Operating margin | -11.3% |
| Total margin | -10.4% |
| Days cash on hand | 21 |
| Current ratio | -0.69 |
| Occupancy | 60% |
Facility
| Beds | 30 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $210K |
| Per-bed (high) | $840K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 30 | $14.1M | $4.0M | 15.3% | 25.2% | 0 | -0.52 | 76% | 278 | 36 |
| 2021 | 30 | $13.5M | $2.1M | 12.0% | 15.0% | 0 | -0.38 | 68% | 247 | 36 |
| 2022 | 30 | $11.5M | $-1.2M | -10.8% | -10.7% | 38 | -0.61 | 63% | 245 | 74 |
| 2023 | 30 | $11.9M | $-1.3M | -11.3% | -10.4% | 21 | -0.69 | 60% | 274 | 82 |
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.