dealflow
envelope $200M

← Targets

Mercy Hospital Healdton Inc.

Healdton, Carter County, OK · CCN 371310
Licensed to Mercy Hospital Healdton Inc

Composite
25.5
rank score
Distress
19
FY2024
Fit
38
vs thesis
Estimated ticket
$1.9M–$3.7M
22 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • occupancy 30-45%
  • margin deteriorating sharply
  • part of a multi-hospital chain — divestiture candidate
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$9.5M
Operating margin 6.3%
Total margin 8.0%
Days cash on hand
Current ratio 2.31
Occupancy31%

Facility

Beds22
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 22 $6.4M $970K 6.9% 13.9% 1.46 27% 74 16
2022 22 $7.5M $1.1M 5.7% 13.0% 0.83 31% 260 24
2023 25 $8.1M $655K 5.1% 7.8% 2.57 25% 212 11
2024 22 $9.5M $773K 6.3% 8.0% 2.31 31% 82 19

Owners

OwnerRole%SinceType
Mercy Health
Chesterfield, MO
operational/managerial control 100 2008-08 chain
Mercy Health Oklahoma Communities
Oklahoma City, OK
5% or greater indirect ownership interest 100 2012-08
Mercy Hospital Ardmore Inc
Ardmore, OK
5% or greater direct ownership interest 100 2021-01
Brian Day corporate officer 2025-08
Darlye Voss corporate officer 2021-07
Jamie Wilke corporate officer 2024-07
Jennifer Cohen w-2 managing employee 2025-08
Joy Alexander corporate director 2016-01
Lindsay Wilson corporate director 2022-07
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