Memorial Hospital Texas County Authority
How we got $5.9M
Based on its 110 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
What they do
Memorial Hospital of Texas County Authority is a county owned, non-profit Critical Access Hospital in Guymon, Oklahoma, serving residents of Texas County and surrounding Oklahoma Panhandle counties. It also operates High Plains Clinic, a family practice clinic.
From the company's website. Industry: General medical and surgical hospitals.
Estimated value over time
▲ 30% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MEMORIAL HOSPITAL TEXAS COUNTY AUTHORITY this business | $25.2M | — |
| Western Oklahoma Radiology Pllc Guymon | $1.5M | 0.0 mi |
| Te Debbie C MD Guymon | $1.7M | 0.0 mi |
| DR. W.F. & MADA DUNAWAY MANOR OF GUYMON Guymon · 86 employees | $7.3M | 0.1 mi |
| High Plains Clinic Guymon | $1.5M | 0.1 mi |
| Rita Slater Family Practice Guymon | $1.7M | 0.1 mi |
| Cimarron County Public Health Guymon | $1.5M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 110 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $25.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.3M |
| Estimate: the two combined (geometric mean) | $25.2M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $1.3M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $5.9M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.1M – $8.1M |
| Revenue range | $16.6M – $28.8M |
| EBITDA range | $861K – $1.5M |
| Industry (NAICS) | General medical and surgical hospitals (622110) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingEquity BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Equity Bank PPP 2020, PPP 2021 | All 375 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $865K | 100 |
| 3/25/2021 | second | $958K | 110 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Memorial Hospital Texas County Authority
Memorial Hospital Texas County Authority is a general medical and surgical hospitals company in Guymon, Oklahoma, in business since 2003. It is owned by Tracy Johnson (Chief Executive Officer). Its estimated annual revenue is about $25.2M, with roughly $1.3M of EBITDA. It has about 110 employees. Its estimated business value is $5.9M (likely range $3.1M–$8.1M).
Common questions
- Who owns Memorial Hospital Texas County Authority?
- Memorial Hospital Texas County Authority is owned by Tracy Johnson (Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does Memorial Hospital Texas County Authority make?
- SeeBITDA estimates Memorial Hospital Texas County Authority's annual revenue at about $25.2M (likely between $16.6M and $28.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Memorial Hospital Texas County Authority worth?
- About $5.9M, roughly 4.5× its estimated EBITDA of $1.3M, typical for a general medical and surgical hospitals company its size. Likely range: $3.1M–$8.1M.
- How many employees does Memorial Hospital Texas County Authority have?
- About 110, as reported on its PPP loan.
- When was Memorial Hospital Texas County Authority founded?
- Memorial Hospital Texas County Authority has been in business since 2003.