dealflow
envelope $200M

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Mercy Hospital Kingfisher

Kingfisher, Kingfisher County, OK · CCN 371313
Licensed to Mercy Hospital Kingfisher, Inc

Composite
34.4
rank score
Distress
32
FY2024
Fit
50
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 45-60%
  • margin deteriorating sharply
  • 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 · FY2024

Net patient revenue$17.2M
Operating margin 4.2%
Total margin 5.5%
Days cash on hand 0
Current ratio 3.39
Occupancy47%

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 $12.9M $1.7M 6.1% 12.1% 0 7.29 29% 190 31
2022 25 $13.1M $-472K -8.2% -3.4% 0 7.99 32% 359 62
2023 25 $14.5M $33.5K -1.5% 0.2% 0 2.84 37% 332 47
2024 25 $17.2M $960K 4.2% 5.5% 0 3.39 47% 156 32

Owners

OwnerRole%SinceType
Mercy Health
Chesterfield, MO
operational/managerial control 100 2013-11
Mercy Health Oklahoma Communities
Chesterfield, MO
5% or greater indirect ownership interest 100 2013-11
Mercy Hospital Oklahoma City, Inc
Oklahoma City, OK
5% or greater direct ownership interest 100 2013-11
Bobby Stitt corporate officer 2021-07
Chelsea Williams corporate director 2021-07
Cheryl Matejka operational/managerial control 2021-07
Christie Eckhardt corporate officer 2021-07
Erin Scammahorn corporate director 2021-07
Jeffrey Ciaramita corporate director 2021-07
John Mohart corporate director 2021-07
Sherry Clouse Day corporate officer 2021-01
Sherry Clouse Day w-2 managing employee 2021-01
Yogya Regmi w-2 managing employee 2022-08

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