Haskell Regional Hospital
Stigler, OK
· CCN 371335
Licensed to Haskell Regional Hospital Inc
Composite
41.6
rank score
Distress
56
FY2023
Fit
41
vs thesis
Estimated ticket
$1.8M–$3.6M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin under 2%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy below 30%
- 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 · FY2023
| Net patient revenue | $15.6M |
| Operating margin | 0.8% |
| Total margin | 14.8% |
| Days cash on hand | 19 |
| Current ratio | 0.40 |
| Occupancy | 12% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $72.2K |
| Per-bed (high) | $144K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $2.7M | $-2.1M | -76.4% | -76.4% | 28 | 0.89 | 3% | 12 | 96 |
| 2021 | 25 | $8.5M | $-2.4M | -27.9% | -27.9% | 79 | 0.59 | 17% | 155 | 88 |
| 2022 | 25 | $7.5M | $-3.9M | -86.9% | -38.5% | 2 | 0.24 | 13% | 127 | 100 |
| 2023 | 25 | $15.6M | $2.7M | 0.8% | 14.8% | 19 | 0.40 | 12% | 50 | 56 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Haskell Regional Hospital Inc | 5% or greater direct ownership interest | 100 | 2020-05 | |
| Dana Strong | w-2 managing employee | 50 | 2020-05 | |
| Dana Strong | corporate director | 1 | 2020-05 | |
| Jennie Lankhorst | w-2 managing employee | 2025-04 | ||
| Kirnjot Singh | contracted managing employee | 2020-05 | ||
| Kirnjot Singh | corporate officer | 2020-05 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2020-05-15 | change of ownership | Haskell Regional Hospital Inc | Cah Acquisition Company 16 Llc |
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 |