dealflow
envelope $200M

← Targets

Wagoner Hospital Authority

dba Wagoner Community Hospital · Wagoner, Wagoner County, OK · CCN 370166
Licensed to Wagoner Hospital Authority

Composite
71.4
rank score
Distress
100
FY2023
Fit
66
vs thesis
Estimated ticket
$35.0M–$140M
100 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
  • liabilities exceed assets
  • occupancy below 30%
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • very low occupancy — limited volume to learn from
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$22.7M
Operating margin -13.4%
Total margin -11.2%
Days cash on hand 1
Current ratio 0.39
Occupancy28%

Facility

Beds100
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $350K
Per-bed (high) $1.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 100 $20.7M $54.9K -13.5% 0.2% 117 0.98 37% 2,484 54
2021 100 $24.1M $2.4M -5.6% 8.7% 44 0.98 37% 2,285 53
2022 100 $21.9M $-3.0M -24.0% -12.5% 3 0.41 35% 2,206 93
2023 100 $22.7M $-2.6M -13.4% -11.2% 1 0.39 28% 1,995 100

Owners

OwnerRole%SinceType
Bryan Hanna other 2021-08
David Good corporate officer 2019-05
David Good other 2019-05
Debi Hamilton corporate director 2011-07
Jimmy Leopard corporate officer 2007-03
Jimmy Leopard w-2 managing employee 2007-03
Kimberly Johnson other 2012-08
Mark Pointer other 2012-01
Mary Whisnant other 2009-05
Srinivas Katta corporate officer 2021-05
Srinivas Katta other 2021-05

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