dealflow
envelope $200M

← Targets

Integris Miami Hospital

Miami, Ottawa County, OK · CCN 370004
Licensed to Integris Miami Hospital

Composite
58.9
rank score
Distress
90
FY2024
Fit
46
vs thesis
Estimated ticket
$2.5M–$5.0M
36 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • under 30 days cash on hand
  • current ratio below 0.8
  • occupancy below 30%
  • margin deteriorating sharply
  • 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$41.0M
Operating margin -34.8%
Total margin -27.2%
Days cash on hand 0
Current ratio -21.14
Occupancy29%

Facility

Beds36
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $70.0K
Per-bed (high) $140K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 37 $40.3M $-5.3M -19.1% -12.4% 0 -0.50 39% 1,239 97
2022 36 $46.5M $-3.8M -16.6% -7.6% 6 -6.85 41% 1,243 81
2023 36 $43.3M $-12.3M -32.1% -27.5% 0 -2.66 36% 1,319 86
2024 36 $41.0M $-11.8M -34.8% -27.2% 0 -21.14 29% 1,131 90

Owners

OwnerRole%SinceType
Baptist Healthcare Of Oklahoma Llc
Oklahoma City, OK
operational/managerial control 100 1994-06
Integris Health Inc
Oklahoma City, OK
5% or greater direct ownership interest 100 1995-01
Integris Rural Health Inc
Oklahoma City, OK
5% or greater direct ownership interest 100 1994-02
Integris Rural Health Inc
Oklahoma City, OK
operational/managerial control 100 1994-02
Caleb Goldner corporate director 2015-01
Casey Ahlden corporate director 2023-01
Casey Ahlden w-2 managing employee 2023-01
Charles Neal corporate director 2008-01
Christianna Wright corporate director 2015-01
David Frazier corporate director 2017-11
Fredrick Neill corporate director 2016-01
Grant Kernan corporate director 2015-01
James Perryman corporate director 2017-07
James Rutter corporate director 2016-07
John Hampton corporate director 2019-05
Jonas Rabel corporate officer 2017-05
Jonas Rabel w-2 managing employee 2017-05
Justin Mitchell corporate director 2019-12
Kyle Schauf corporate director 2016-01
Lynn Pagels corporate director 2017-01
Michael Weed corporate officer 2020-06
Michael Weed w-2 managing employee 2020-06
Patrick Jurgensmeyer corporate director 2006-01
Sue Sly corporate director 1994-01
Suzanne Knott corporate director 2019-05

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 OK

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2025-12-01 Comanche County Hospital Authority Southwestern Medical Center, Llc Comanche County Memorial Hospital 183
2023-11-01 Integris Health Ponca City Hospital Inc Kay County Oklahoma Hospital Company, Llc Ponca City Medical Center 47
2023-11-01 Integris Health Woodward Hospital Inc Woodward Health System Llc Alliancehealth Woodward 40
2022-07-01 St Anthony Shawnee Hospital Inc Seminole Hma Llc St Anthony Shawnee Hospital 61
2021-04-01 Ssm Health Care Of Oklahoma, Inc. Midwest Regional Medical Center, Llc Ssm Health St Anthony Hospital - Mid 126
2019-01-01 Saint Francis Hospital, Inc. Saint Francis Home Health Inc. Saint Francis Hospital 903
2018-10-01 Integris Baptist Medical Center Inc Deaconess Health System Llc Integris Baptist Medical Center 615
2017-05-01 Ahs Pryor Hospital, Llc Mayes County Hma, Llc Hillcrest Hospital Pryor 21
2017-04-01 Saint Francis Hospital Muskogee Inc Muskogee Regional Medical Center Llc Saint Francis Hospital Muskogee 236