dealflow
envelope $200M

← Targets

Jefferson County Hospital

Waurika, Jefferson County, OK · CCN 371311
Licensed to Duncan Regional Hospital, Inc

Composite
33.5
rank score
Distress
38
FY2024
Fit
41
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • under 30 days cash on hand
  • occupancy below 30%
  • margin deteriorating sharply
  • 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$39.2M
Operating margin 8.5%
Total margin 12.5%
Days cash on hand 6
Current ratio 12.28
Occupancy24%

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 18 $30.8M $6.7M 5.3% 18.8% 20 3.89 18% 24 31
2022 25 $34.7M $6.8M 9.9% 17.8% 7 5.74 17% 21 31
2023 25 $41.1M $7.4M 14.4% 17.4% 28 6.45 20% 23 31
2024 25 $39.2M $5.1M 8.5% 12.5% 6 12.28 24% 17 38

Owners

OwnerRole%SinceType
John Edgar corporate officer 2022-02
Kenneth Miller corporate officer 2025-05
Lety Almeida w-2 managing employee 2019-09
Lisa High corporate director 2020-09
Sherry Mckay w-2 managing employee 2024-09

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