dealflow
envelope $200M

← Targets

Beaver County Memorial Hospital

Beaver, Beaver County, OK · CCN 371322
Licensed to Beaver County Memorial Hospital

Composite
36.7
rank score
Distress
54
FY2024
Fit
31
vs thesis
Estimated ticket
$1.7M–$3.5M
24 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin below -10%
  • total margin -8% to -3%
  • occupancy below 30%
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$4.7M
Operating margin -68.7%
Total margin -6.5%
Days cash on hand 161
Current ratio 4.31
Occupancy4%

Facility

Beds24
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $72.2K
Per-bed (high) $144K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 24 $4.2M $1.0M -65.0% 13.2% 258 1.74 6% 79 37
2022 24 $4.8M $1.1M -24.8% 14.9% 238 5.12 7% 75 37
2023 24 $3.9M $-729K -95.3% -10.7% 91 5.17 6% 64 58
2024 24 $4.7M $-484K -68.7% -6.5% 161 4.31 4% 53 54

Owners

OwnerRole%SinceType
Alissa Schlessman corporate officer 2013-07
Alissa Schlessman corporate director 2013-07
Karla Leisher w-2 managing employee 2007-11

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