Pampa Regional Medical Center
Pampa, Gray County, TX
· CCN 451398
Licensed to Prime Healthcare Services Pampa Llc
Composite
54.0
rank score
Distress
67
FY2023
Fit
60
vs thesis
Estimated ticket
$1.8M–$3.6M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- 30-60 days cash on hand
- occupancy 30-45%
- TX: favorable regulatory climate
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $27.6M |
| Operating margin | -52.7% |
| Total margin | -48.6% |
| Days cash on hand | 34 |
| Current ratio | 1.86 |
| Occupancy | 37% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 25 | $27.6M | $-13.8M | -52.7% | -48.6% | 34 | 1.86 | 37% | 850 | 67 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Prime Healthcare Foundation Inc | 5% or greater direct ownership interest | 100 | 2014-01 | |
| Christopher Doan | corporate officer | 2017-04 | ||
| Jonathon Gill | corporate officer | 2022-04 | ||
| Jonathon Gill | corporate director | 2022-04 | ||
| Jonathon Gill | w-2 managing employee | 2022-04 | ||
| Prime Healthcare Services, Inc | operational/managerial control | 2012-06 | ||
| Steven Aleman | other | 2020-06 |
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 |