Pawhuska Hospital Inc.
Pawhuska, Osage County, OK
· CCN 371309
Licensed to Pawhuska Hospital Inc
Composite
57.8
rank score
Distress
84
FY2023
Fit
50
vs thesis
Estimated ticket
$1.5M–$3.0M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy 45-60%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $17.7M |
| Operating margin | -15.8% |
| Total margin | -9.0% |
| Days cash on hand | 11 |
| Current ratio | 0.56 |
| Occupancy | 52% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $59.5K |
| Per-bed (high) | $119K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $14.3M | $-1.4M | -14.8% | -9.4% | 139 | 0.85 | 56% | 89 | 71 |
| 2021 | 25 | $14.1M | $637K | -19.2% | 3.6% | 73 | 0.68 | 57% | 120 | 64 |
| 2022 | 25 | $15.7M | $-180K | -17.9% | -1.0% | 51 | 0.93 | 55% | 120 | 74 |
| 2023 | 25 | $17.7M | $-1.7M | -15.8% | -9.0% | 11 | 0.56 | 52% | 125 | 84 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Benny West | corporate director | 2014-10 | ||
| Elizabeth Reed | corporate director | 2014-03 | ||
| Jason Mcbride | contracted managing employee | 2018-01 | ||
| Jason Mcbride | corporate director | 2018-01 | ||
| Pawhuska Hospital Inc | 5% or greater direct ownership interest | 2021-05 |
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 |
|---|---|---|---|---|
| 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 |