Lindsay Municipal Hospital Authority
Lindsay, Garvin County, OK
· CCN 370214
Licensed to Lindsay Municipal Hospital
Composite
29.2
rank score
Distress
16
FY2024
Fit
55
vs thesis
Estimated ticket
$2.6M–$5.2M
26 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin under 2%
- total margin under 2%
- 90-150 days cash on hand
- margin slipping
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $19.6M |
| Operating margin | 1.1% |
| Total margin | 1.6% |
| Days cash on hand | 90 |
| Current ratio | 4.97 |
| Occupancy | 75% |
Facility
| Beds | 26 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| 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 | 26 | $15.8M | $582K | -7.1% | 3.3% | 189 | 2.20 | 66% | 807 | 22 |
| 2022 | 26 | $16.2M | $-269K | -2.0% | -1.7% | 165 | 4.93 | 67% | 726 | 23 |
| 2023 | 26 | $16.5M | $483K | -2.0% | 2.8% | 117 | 7.28 | 67% | 704 | 20 |
| 2024 | 26 | $19.6M | $307K | 1.1% | 1.6% | 90 | 4.97 | 75% | 614 | 16 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Jeffrey Walraven | w-2 managing employee | 2017-05 | ||
| Valerie Hamilton | w-2 managing employee | 2013-08 |
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 |