dealflow
envelope $200M

← Targets

Mercy Hospital Okc

Oklahoma City, Oklahoma County, OK · CCN 370013
Licensed to Mercy Hospital Oklahoma City, Inc

Composite
36.9
rank score
Distress
20
FY2024
Fit
65
vs thesis
Estimated ticket
$172M–$688M
344 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • under 30 days cash on hand
  • part of a multi-hospital chain — divestiture candidate
  • urban — higher occupancy and iteration surface
  • large — ticket likely stretches the envelope
  • ticket size well above the envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$757M
Operating margin 10.7%
Total margin 12.5%
Days cash on hand 10
Current ratio 1.94
Occupancy72%

Facility

Beds344
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 344 $579M $59.6M 5.0% 9.8% 10 2.62 76% 16,963 22
2022 344 $599M $41.4M 3.1% 6.7% 10 1.28 75% 17,298 26
2023 344 $674M $88.6M 10.5% 12.8% 10 1.42 67% 17,761 26
2024 344 $757M $96.6M 10.7% 12.5% 10 1.94 72% 19,934 20

Owners

OwnerRole%SinceType
Mercy Health
Chesterfield, MO
5% or greater indirect ownership interest 100 1986-10 chain
Brian Geister corporate officer 2024-05
Christopher Hahne corporate officer 2021-10
Christopher Hahne w-2 managing employee 2021-10
David Argueta corporate director 2026-01
Denise Scoffic corporate officer 2026-01
Dominic Meldi corporate director 2026-01
Jennifer Brown corporate officer 2026-01
Jennifer Cohen w-2 managing employee 2025-06
John Mohart corporate director 2021-07
Mercy Health Oklahoma Communities
Oklahoma City, OK
5% or greater direct ownership interest 2012-08
Patricia Gelbach corporate director 2026-01

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