St. Marys Sacred Heart Hospital
dba St. Mary's Health Care System ·
Lavonia, Franklin County, GA
· CCN 110027
Licensed to St Marys Sacred Heart Hospital Inc
Composite
56.3
rank score
Distress
74
FY2024
Fit
58
vs thesis
Estimated ticket
$3.9M–$7.8M
56 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio under 1.5
- debt above 85% of assets
- occupancy 30-45%
- margin slipping
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $40.1M |
| Operating margin | -11.6% |
| Total margin | -6.5% |
| Days cash on hand | 1 |
| Current ratio | 1.11 |
| Occupancy | 38% |
Facility
| Beds | 56 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 56 | $36.0M | $-2.3M | -8.2% | -6.3% | 1 | 1.62 | 44% | 1,931 | 73 |
| 2022 | 56 | $39.2M | $2.3M | -7.1% | 5.3% | 0 | 1.25 | 48% | 2,282 | 58 |
| 2023 | 56 | $38.1M | $-757K | -12.2% | -1.8% | 3 | 1.11 | 37% | 2,068 | 74 |
| 2024 | 56 | $40.1M | $-2.7M | -11.6% | -6.5% | 1 | 1.11 | 38% | 2,300 | 74 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Janice Dunn | corporate officer | 100 | 2019-06 | |
| Stonish Pierce | corporate officer | 100 | 2023-04 | |
| Trinity Health Corporation | 5% or greater indirect ownership interest | 100 | 2015-06 | |
| Trinity Health Georgia, Inc. | 5% or greater indirect ownership interest | 100 | 2022-03 | |
| Antoinette Pratt | operational/managerial control | 2019-07 | ||
| Christopher Moon | corporate director | 2023-01 | ||
| Diane Toney | corporate director | 2023-01 | ||
| Elizabeth Schoen | corporate officer | 2022-11 | ||
| Gwendolyn Merritt | corporate director | 2022-03 | ||
| John Herron | corporate director | 2022-01 | ||
| Lauren Papka | w-2 managing employee | 2015-06 | ||
| Rene Goff | corporate director | 2022-05 | ||
| Scott Hardigree | corporate director | 2022-03 | ||
| Stonish Pierce | corporate director | 2023-04 | ||
| Veronica Patterson | corporate director | 2023-01 |
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 GA
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 |
|---|---|---|---|---|
| 2023-11-01 | South Georgia Medical Center Inc | Hospital Authority Of Valdosta And... | South Georgia Medical Center | 261 |
| 2023-11-01 | South Georgia Medical Center Inc | Hospital Authority Of Valdosta And... | Sgmc Berrien Campus | 10 |
| 2023-07-01 | Northeast Georgia Medical Center... | The Hospital Authority Of Habersham County | Ngmc Habersham | 53 |
| 2021-07-03 | Navicent Health Baldwin, Inc | Navicent Health Oconee, Llc | Atrium Health Navicent Baldwin | 86 |
| 2021-06-22 | Burke Hospital Company | Burke County Hospital Authority | Burke Medical Center | 40 |
| 2021-05-01 | Vidalia Health Services, Llc | Meadows Regional Medical Center Inc | Meadows Regional Medical Center | 57 |
| 2018-02-01 | Savannah Health Services, Llc | Memorial Health University Medical... | Memorial Health Univ Med Center | 594 |
| 2017-12-29 | Chi Memorial Hospital - Georgia | Cornerstone Medical Center, Llc | Chi Memorial Hospital - Georgia | 35 |
| 2017-10-01 | Piedmont Rockdale Hospital, Inc. | Rockdale Hospital Llc | Piedmont Rockdale Hospital | 181 |
| 2017-05-01 | Southeast Georgia Health Services, Llc | Mayo Clinic Health System In Waycross, Inc | Memorial Satilla Health | 130 |
| 2017-01-01 | Ngmc Barrow Llc | Winder Hma Llc | Ngmc Barrow | 38 |
| 2016-04-01 | Wellstar Spalding Regional Hospital Inc | Spalding Regional Medical Center, Inc. | Spalding Regional Hospital | 170 |
| 2016-04-01 | Wellstar North Fulton Hospital Inc | North Fulton Medical Center, Inc. | North Fulton Regional Hospital | 178 |
| 2016-02-01 | Prime Healthcare Foundation -... | Southern Regional Health Center, Inc | Southern Regional Medical Center | 233 |
| 2016-01-01 | St Francis Health Llc | St Francis Hospital, Inc. | St. Francis Hospital Inc. | 312 |