Adair County Health Center
Stilwell, OK · CCN 370178
Composite
53.5
rank score
Distress
78
FY2024
Fit
46
vs thesis
Estimated ticket
$2.1M–$4.2M
30 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- 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 | $10.7M |
| Operating margin | -55.0% |
| Total margin | -26.1% |
| Days cash on hand | 0 |
| Current ratio | 40.78 |
| Occupancy | 12% |
Facility
| Beds | 30 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 30 | $13.7M | $-2.4M | -36.7% | -14.5% | 19 | 16.35 | 32% | 695 | 72 |
| 2022 | 30 | $14.0M | $-2.3M | -30.9% | -14.0% | 5 | 12.42 | 23% | 491 | 76 |
| 2023 | 30 | $13.5M | $-2.1M | -28.7% | -13.8% | — | 45.54 | 20% | 533 | 69 |
| 2024 | 30 | $10.7M | $-3.4M | -55.0% | -26.1% | 0 | 40.78 | 12% | 355 | 78 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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 |