dealflow
envelope $200M

← Targets

Mercy Hospital Tishomingo

Tishomingo, Johnston County, OK · CCN 371304
Licensed to Mercy Hospital Tishomingo Inc

Composite
28.4
rank score
Distress
22
FY2024
Fit
41
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • occupancy below 30%
  • margin deteriorating sharply
  • part of a multi-hospital chain — divestiture candidate
  • 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$10.0M
Operating margin 2.8%
Total margin 5.2%
Days cash on hand
Current ratio 5.22
Occupancy28%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 25 $7.5M $1.4M 1.4% 15.7% 0 1.33 22% 115 41
2022 25 $8.9M $600K 1.7% 6.4% 1.90 29% 222 20
2023 25 $9.3M $650K 3.4% 6.8% 2.56 29% 213 11
2024 25 $10.0M $527K 2.8% 5.2% 5.22 28% 80 22

Owners

OwnerRole%SinceType
Mercy Health
Chesterfield, MO
5% or greater indirect ownership interest 100 2011-08 chain
Mercy Health Oklahoma Communities
Oklahoma City, OK
5% or greater indirect ownership interest 100 2012-08
Mercy Hospital Ada Inc
Ada, OK
5% or greater direct ownership interest 100 2021-01
Darlye Voss corporate officer 2026-01
David Argueta corporate director 2026-01
Denise Scoffic corporate officer 2026-01
Dominic Meldi corporate director 2026-01
Jennifer Brown corporate officer 2026-01
Jennifer Cohen w-2 managing employee 2026-01
John Mohart corporate director 2021-07
Patricia Gelbach corporate director 2026-01
Shelley Gilbert corporate director 2021-07
Sherry Clouse Day corporate officer 2021-01
Sherry Clouse Day w-2 managing employee 2021-01

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
2021-11-01 Rural Wellness Anadarko Inc Rha Anadarko Inc Physicians Hospital At Anadarko 25
2021-11-01 Rural Wellness Stroud Inc Rha Stroud, Inc Stroud Regional Medical Center 25
2020-12-31 Prague Healthcare Authority Trancendental Union With Love And... Prague Community Hospital 25
2020-05-15 Haskell Regional Hospital Inc Cah Acquisition Company 16 Llc Haskell Regional Hospital 25
2020-04-13 Drumright Community Hospital Llc Cah Acquisition Company 4, Inc Drumright Regional Hospital 15
2020-03-20 Rural Wellness Fairfax Inc Cah Acquisition Company 12 Llc Fairfax Community Hospital 25
2019-04-05 Memorial Hospital Of Texas County Authority Srp Guymon Llc Memorial Hospital Of Texas County 6
2019-03-01 Jackson County Memorial Hospital Authority Harmon County Healthcare Authority Harmon Memorial Hospital 22
2017-06-30 Mangum City Hospital Authority Blackhawk Mangum Llc Mangum Regional Medical Center 18