Mercy Hospital Ada
Ada, Pontotoc County, OK
· CCN 370020
Licensed to Mercy Hospital Ada Inc
Composite
34.7
rank score
Distress
25
FY2024
Fit
54
vs thesis
Estimated ticket
$10.8M–$21.6M
108 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- occupancy 30-45%
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $127M |
| Operating margin | 2.8% |
| Total margin | 4.5% |
| Days cash on hand | 10 |
| Current ratio | 4.61 |
| Occupancy | 41% |
Facility
| Beds | 108 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 108 | $86.0M | $2.4M | -2.0% | 2.7% | 10 | 5.43 | 35% | 3,233 | 48 |
| 2022 | 108 | $91.9M | $-4.9M | -9.7% | -5.2% | 10 | 5.03 | 38% | 3,308 | 67 |
| 2023 | 108 | $110M | $-937K | -2.6% | -0.8% | 9 | 4.73 | 37% | 3,725 | 56 |
| 2024 | 108 | $127M | $5.9M | 2.8% | 4.5% | 10 | 4.61 | 41% | 4,472 | 25 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Mercy Health | 5% or greater indirect ownership interest | 100 | 2013-07 | chain |
| Mercy Health Oklahoma Communities | 5% or greater direct ownership interest | 100 | 2013-07 | |
| Audra Cook | corporate director | 2022-07 | ||
| Brian Day | corporate officer | 2025-05 | ||
| Darlye Voss | corporate officer | 2024-07 | ||
| David Lassiter | corporate director | 2021-07 | ||
| Debra Thompson | corporate director | 2021-07 | ||
| Diane Koorie | corporate director | 2013-07 | ||
| Jamie Wilke | corporate officer | 2024-07 | ||
| Jennifer Cohen | w-2 managing employee | 2025-05 | ||
| Justin Graham | corporate director | 2024-07 | ||
| Lewellyn Keel | corporate director | 2022-07 | ||
| Lucas Clark | corporate director | 2022-07 | ||
| Michael Curry | corporate director | 2020-07 | ||
| Peggy James | corporate director | 2024-07 | ||
| Regina Robertston | corporate director | 2021-07 | ||
| Shirley Mixon | corporate director | 2021-07 | ||
| Tammi Harmoning | corporate officer | 2025-05 | ||
| Tammi Harmoning | w-2 managing employee | 2025-05 |
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 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 |