dealflow
envelope $200M

← Targets

Memorial Hospital Of Texas County

Guymon, Texas County, OK · CCN 371340
Licensed to Memorial Hospital Of Texas County Authority

Composite
34.7
rank score
Distress
46
FY2024
Fit
35
vs thesis
Estimated ticket
$510K–$1.0M
6 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin under 2%
  • under 30 days cash on hand
  • current liabilities exceed current assets
  • debt above 85% of assets
  • occupancy 30-45%
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$12.3M
Operating margin 1.2%
Total margin 14.2%
Days cash on hand 0
Current ratio 0.86
Occupancy36%

Facility

Beds6
Facility typeCAH
Settingrural
Ownership classgovernment
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 $8.6M $-620K -50.9% -5.0% 78 0.86 12% 221 76
2022 6 $11.5M $-1.9M -29.1% -14.3% 18 0.47 62% 277 91
2023 6 $10.5M $-2.1M -49.4% -15.5% 7 0.40 49% 217 93
2024 6 $12.3M $2.0M 1.2% 14.2% 0 0.86 36% 132 46

Owners

OwnerRole%SinceType
Tracy Johnson corporate officer 2024-06
Tracy Johnson w-2 managing employee 2024-06

Ownership changes

DateTypeBuyerSeller
2019-04-05 change of ownership Memorial Hospital Of Texas... Srp Guymon 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.

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