dealflow
envelope $200M

← Targets

Oklahoma Heart Hospital South

Oklahoma City, Oklahoma County, OK · CCN 370234
Licensed to Oklahoma Heart Hospital South Llc

Composite
36.6
rank score
Distress
13
FY2023
Fit
77
vs thesis
Estimated ticket
$21.5M–$86.0M
43 beds · within envelope
Ownership
for-profit
STH

Why it ranks here

  • 60-90 days cash on hand
  • debt above 70% of assets
  • urban — higher occupancy and iteration surface
  • small but workable bed count
  • ticket size somewhat below the envelope
  • strong occupancy — good iteration surface
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$166M
Operating margin 2.7%
Total margin 5.0%
Days cash on hand 62
Current ratio 3.08
Occupancy91%

Facility

Beds43
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 44 $145M $5.3M 0.9% 3.5% 108 1.11 99% 6,058 22
2021 44 $151M $6.7M 0.2% 4.2% 77 1.23 96% 5,924 24
2022 43 $148M $8.3M -0.6% 5.3% 57 3.21 90% 6,215 37
2023 43 $166M $8.5M 2.7% 5.0% 62 3.08 91% 4,139 13

Owners

OwnerRole%SinceType
Oklahoma Heart Hospital, Llc
Oklahoma City, OK
5% or greater direct ownership interest 76 2010-01
Mercy Health Oklahoma Communities
Oklahoma City, OK
5% or greater indirect ownership interest 34 2010-01
Mercy Health Oklahoma Communities
Oklahoma City, OK
5% or greater direct ownership interest 12 2012-02
Norman Regional Hospital Authority
Norman, OK
5% or greater direct ownership interest 12 2010-01
Naeem Tahirkheli corporate director 10 2007-09
Aaron Boyd corporate director 2025-02
Andrew Wirth w-2 managing employee 2016-11
Christopher Hahne corporate director 2024-03
David Miles corporate officer 2020-11
Denise Bragg corporate officer 2016-06
Denise Bragg w-2 managing employee 2016-06
Elaine Purvis corporate director 2025-08
Jeffrey Ciaramita corporate director 2025-05
Jesse Campbell corporate director 2024-03
John Harvey corporate officer 2007-09
John Harvey w-2 managing employee 2007-09
Michael Watson corporate director 2025-08
Mohammed Ahmed corporate director 2021-05
Patrick Holloway corporate officer 2010-07
Patrick Holloway w-2 managing employee 2010-07
Paul Garabelli corporate director 2024-03
Paul Jenson corporate director 2019-06
Peggy Tipton corporate officer 2003-02
Peggy Tipton w-2 managing employee 2003-02
Stephanie Armstrong corporate officer 2016-09

Showing 25 of 29. Full list via /api/targets/370234.

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