Baptist Mem Hospital Huntingdon
dba Baptist Memorial Hospital - Carroll County ·
Huntingdon, Carroll County, TN
· CCN 440016
Licensed to Baptist Memorial Hospital-Huntingdon
Composite
54.0
rank score
Distress
71
FY2023
Fit
55
vs thesis
Estimated ticket
$3.2M–$6.4M
46 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin negative
- 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 | $27.4M |
| Operating margin | -3.2% |
| Total margin | -1.7% |
| Days cash on hand | 15 |
| Current ratio | 0.12 |
| Occupancy | 29% |
Facility
| Beds | 46 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 46 | $18.7M | $-1.9M | -25.4% | -8.5% | 19 | 0.11 | 27% | 918 | 100 |
| 2021 | 46 | $25.1M | $-171K | -3.2% | -0.7% | 16 | 0.12 | 32% | 1,009 | 76 |
| 2022 | 46 | $25.2M | $-1.1M | -8.1% | -4.0% | 9 | 0.11 | 31% | 1,058 | 87 |
| 2023 | 46 | $27.4M | $-486K | -3.2% | -1.7% | 15 | 0.12 | 29% | 1,341 | 71 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Arthur Maples | corporate officer | 2015-12 | ||
| Arthur Maples | corporate director | 2015-12 | ||
| Baptist Memorial Health Care Corporation | 5% or greater indirect ownership interest | 2012-10 | ||
| Baptist Memorial Health Care Corporation | other | 2012-10 | ||
| Baptist Memorial Hospital-Huntingdon | 5% or greater direct ownership interest | 1983-02 | ||
| Gregory Duckett | corporate officer | 2000-01 | ||
| Gregory Duckett | corporate director | 2000-01 | ||
| Jason Little | corporate officer | 2014-06 | ||
| John Wright | corporate director | 2021-02 | ||
| Larry Nicholson | corporate director | 2012-10 | ||
| Mike Cary | corporate director | 2012-10 | ||
| Natalie Porter | corporate director | 2017-01 | ||
| Paul Depriest | corporate officer | 2020-08 | ||
| Susan Breeden | corporate director | 2004-02 | ||
| Susan Breeden | w-2 managing employee | 1996-12 | ||
| Thelma Traut | corporate director | 2012-10 | ||
| William Griffin | corporate officer | 2021-02 |
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 TN
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 |
|---|---|---|---|---|
| 2024-10-01 | West Tennessee Healthcare Henry County | Henry County Medical Center | Henry County Medical Center | 33 |
| 2024-08-01 | Bradley Medical Center Llc | Cleveland Tennessee Hospital Company Llc | Skyridge Medical Center | 176 |
| 2023-07-01 | Erlanger Health | Chattanooga Hamilton County... | Erlanger Medical Center | 662 |
| 2022-07-01 | Hh Health System - Lincoln Inc | Lincoln Medical Center | Lincoln Medical Center | 47 |
| 2021-09-01 | Springfield Health Services, Llc | Northcrest Medical Center | Northcrest Medical Center | 109 |
| 2021-01-01 | Vanderbilt Coffee Hospital Llc | Tullahoma Hma Llc | Vanderbilt Tullahoma-Harton Hospital | 76 |
| 2021-01-01 | Vanderbilt Bedford Hospital Llc | Shelbyville Hospital Company Llc | Vanderbilt Bedford County Hospital | 24 |
| 2019-08-01 | Vanderbilt University Medical Center | Lebanon Hma Llc | Vanderbilt Wilson County Hospital | 117 |
| 2016-04-30 | Vanderbilt University Medical Center | Vanderbilt University | Vanderbilt University Medical Center | 1,084 |