Cornerstone Specialty Shawnee
Shawnee, Pottawatomie County, OK · CCN 372019
Composite
66.1
rank score
Distress
90
FY2024
Fit
64
vs thesis
Estimated ticket
$5.5M–$21.8M
26 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- current ratio below 0.8
- liabilities exceed assets
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $10.5M |
| Operating margin | -33.8% |
| Total margin | -33.6% |
| Days cash on hand | — |
| Current ratio | 0.56 |
| Occupancy | 74% |
Facility
| Beds | 26 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $210K |
| Per-bed (high) | $840K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 34 | $14.3M | $2.3M | 16.2% | 16.2% | 0 | -0.08 | 70% | 351 | 36 |
| 2022 | 34 | $15.0M | $6.0M | 19.2% | 33.2% | 0 | -0.06 | 62% | 334 | 36 |
| 2023 | 34 | $12.9M | $-158K | -1.3% | -1.2% | 0 | 1.28 | 54% | 317 | 62 |
| 2024 | 26 | $10.5M | $-3.5M | -33.8% | -33.6% | — | 0.56 | 74% | 293 | 90 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2017-09-01 | Landmark Of Midwest City Specialty... | Specialty Hospital Of Midwest City... | Inspire Specialty Hospital - Mw City | 31 |