Parkview Hospital
Wheeler, Wheeler County, TX
· CCN 451334
Licensed to North Wheeler County Hospital District
Composite
33.2
rank score
Distress
33
FY2024
Fit
46
vs thesis
Estimated ticket
$1.4M–$2.7M
16 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- occupancy below 30%
- TX: favorable regulatory climate
- 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 | $6.5M |
| Operating margin | -71.5% |
| Total margin | 20.7% |
| Days cash on hand | 886 |
| Current ratio | 3.81 |
| Occupancy | 7% |
Facility
| Beds | 16 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 16 | $5.7M | $2.3M | -84.3% | 17.4% | 615 | 1.64 | 10% | 78 | 37 |
| 2022 | 16 | $5.9M | $3.6M | -86.7% | 23.8% | 646 | 2.65 | 9% | 77 | 37 |
| 2023 | 14 | $5.2M | $1.0M | -110.0% | 8.6% | 717 | 3.17 | 6% | 44 | 37 |
| 2024 | 16 | $6.5M | $3.0M | -71.5% | 20.7% | 886 | 3.81 | 7% | 44 | 33 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Jace Henderson | w-2 managing employee | 2014-04 | ||
| Margie Vanzandt | corporate director | 2013-05 | ||
| Marla Ford | corporate director | 2020-11 | ||
| Melissa Eagan | corporate officer | 2025-09 | ||
| Melissa Eagan | w-2 managing employee | 2025-09 | ||
| Pamela Hibler | corporate director | 2011-06 | ||
| Roger Brown | corporate director | 2012-06 | ||
| Roy Laughlin | corporate director | 2015-05 |
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 TX
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 |
|---|---|---|---|---|
| 2024-03-01 | Muleshoe Area Hospital District | Preferred Hospital Leasing Muleshoe Inc | Muleshoe Area Medical Center | 25 |
| 2023-07-01 | Pecos County Memorial Hospital District | Pecos County Memorial Hospital | Pecos County Memorial Hospital | 25 |
| 2021-10-01 | Preferred Hospital Leasing Shamrock Inc | South Wheeler County Hospital District | Shamrock General Hospital | 25 |
| 2019-07-01 | Bosque County Hospital District | Goodall-Witcher Hospital Authority | Goodall-Witcher Hospital Authority | 25 |
| 2017-10-01 | Winkler County Hospital District | County Of Winkler | Memorial Hospital | 16 |