dealflow
envelope $200M

← Targets

Oklahoma Heart Hospital

Oklahoma City, Oklahoma County, OK · CCN 370215
Licensed to Oklahoma Heart Hospital, Llc

Composite
51.3
rank score
Distress
42
FY2023
Fit
81
vs thesis
Estimated ticket
$48.5M–$194M
97 beds · within envelope
Ownership
for-profit
STH

Why it ranks here

  • operating margin negative
  • total margin under 2%
  • 30-60 days cash on hand
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • strong occupancy — good iteration surface
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$342M
Operating margin -3.4%
Total margin 1.6%
Days cash on hand 31
Current ratio 2.07
Occupancy71%

Facility

Beds97
Facility typeSTH
Settingurban
Ownership classfor-profit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 97 $321M $36.7M 2.6% 10.5% 123 2.29 79% 10,916 4
2021 97 $352M $21.8M 2.2% 6.0% 93 1.68 90% 17,759 4
2022 97 $342M $6.6M -2.8% 1.8% 43 2.60 77% 10,066 36
2023 97 $342M $5.6M -3.4% 1.6% 31 2.07 71% 6,002 42

Owners

OwnerRole%SinceType
Mercy Health Oklahoma Communities
Oklahoma City, OK
5% or greater direct ownership interest 45 2016-08
Jesse Campbell corporate director 8 2021-04
John Harvey corporate director 8 2021-04
Paul Jenson corporate director 8 2021-04
Andrew Wirth w-2 managing employee 2016-11
Brian Geister corporate director 2024-09
Christopher Hahne corporate director 2024-03
David Miles corporate officer 2020-11
David Miles w-2 managing employee 2020-11
Denise Bragg corporate officer 2016-06
Denise Bragg w-2 managing employee 2016-06
Jeffrey Ciaramita corporate director 2025-04
John Harvey corporate officer 2007-02
John Harvey w-2 managing employee 2007-01
Kevin Miller corporate director 2023-04
Mazen Abu-Fadel corporate director 2023-04
Michael Schoeffler corporate director 2025-04
Michael Watson corporate director 2025-07
Naeem Tahirkheli corporate director 2024-03
Patrick Holloway corporate officer 2010-07
Patrick Holloway w-2 managing employee 2010-07
Peggy Tipton corporate officer 2003-02
Peggy Tipton w-2 managing employee 2004-04
Soni Zacharias corporate director 2024-03
Stephanie Armstrong corporate officer 2010-06

Showing 25 of 30. Full list via /api/targets/370215.

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