Stroud Regional Medical Center
dba Rural Wellness Stroud Hospital ·
Stroud, Lincoln County, OK
· CCN 371316
Licensed to Rural Wellness Stroud Inc
Composite
58.1
rank score
Distress
82
FY2023
Fit
53
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
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $42.4M |
| Operating margin | -33.1% |
| Total margin | -32.8% |
| Days cash on hand | 6 |
| Current ratio | 0.19 |
| Occupancy | 84% |
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 | $38.5M | $-19.0M | -49.5% | -49.2% | 5 | 0.05 | 89% | 61 | 91 |
| 2021 | 25 | $40.4M | $-20.1M | -50.7% | -49.2% | 5 | 0.04 | 87% | 43 | 91 |
| 2022 | 25 | $31.4M | $-14.7M | -50.9% | -45.1% | 14 | 0.23 | 82% | 35 | 91 |
| 2023 | 25 | $42.4M | $-13.9M | -33.1% | -32.8% | 6 | 0.19 | 84% | 35 | 82 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Angelia Sylsberry | w-2 managing employee | 100 | 2024-07 | |
| Elizabeth Pusey | 5% or greater indirect ownership interest | 100 | 2021-11 | |
| Elizabeth Pusey | corporate director | 100 | 2021-11 | |
| Rural Wellness Healthcare Llc | 5% or greater direct ownership interest | 100 | 2021-11 | |
| Avem Business Solutions Stroud, Llc | operational/managerial control | 2021-11 | ||
| Avem Staffing Resources, Llc | operational/managerial control | 2021-11 | ||
| Rural Hospital Acquisition Llc | 5% or greater security interest | 2021-11 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2021-11-01 | change of ownership | Rural Wellness Stroud Inc | Rha Stroud, Inc |
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 |