Sequoyah County City Of Sallisaw Hos
dba Northeastern Health System Sequoyah ·
Sallisaw, Sequoyah County, OK
· CCN 370112
Licensed to Sequoyah County City Of Sallisaw Hospital Authority
Composite
64.4
rank score
Distress
96
FY2024
Fit
53
vs thesis
Estimated ticket
$14.3M–$57.4M
41 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy below 30%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- small but workable bed count
- small ticket — deploys little of the available capital
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $15.8M |
| Operating margin | -12.9% |
| Total margin | -5.9% |
| Days cash on hand | 0 |
| Current ratio | 0.33 |
| Occupancy | 22% |
Facility
| Beds | 41 |
| Facility type | STH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 41 | $16.7M | $293K | 21.9% | 1.5% | 65 | 0.91 | 16% | 520 | 42 |
| 2022 | 41 | $18.8M | $-455K | 15.6% | -2.2% | 23 | 0.44 | 18% | 547 | 63 |
| 2023 | 41 | $18.6M | $-2.0M | 2.2% | -10.1% | 9 | 0.39 | 26% | 569 | 72 |
| 2024 | 41 | $15.8M | $-990K | -12.9% | -5.9% | 0 | 0.33 | 22% | 434 | 96 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Sequoyah County City Of Sallisaw Hospital Authority | operational/managerial control | 100 | 1966-07 | |
| Stacey Callahan | w-2 managing employee | 100 | 2024-12 | |
| Stephanie Six | corporate director | 100 | 2024-12 | |
| Debbie Bartel | corporate officer | 2001-07 | ||
| Eric Carter | corporate director | 2018-09 | ||
| Todd Martin | corporate officer | 2008-07 |
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 |