dealflow
envelope $200M

← Targets

John D. Archbold Memorial Hospital

dba Archbold Memorial · Thomasville, Thomas County, GA · CCN 110038
Licensed to John D Archbold Memorial Hospital Inc

Composite
34.2
rank score
Distress
17
FY2023
Fit
66
vs thesis
Estimated ticket
$19.9M–$39.8M
199 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • 30-60 days cash on hand
  • occupancy 45-60%
  • rural — cheaper but limited density
  • bed count in the target band
  • small ticket — deploys little of the available capital
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$336M
Operating margin 4.3%
Total margin 16.2%
Days cash on hand 57
Current ratio 2.04
Occupancy58%

Facility

Beds199
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 226 $268M $39.6M 4.1% 13.4% 224 3.54 59% 8,159 2
2021 226 $286M $103M 4.2% 27.3% 87 3.06 56% 7,786 12
2022 226 $285M $-36.7M -0.9% -14.6% 85 2.77 51% 7,264 44
2023 199 $336M $62.1M 4.3% 16.2% 57 2.04 58% 6,954 17

Owners

OwnerRole%SinceType
Archbold Medical Center Inc
Thomasville, GA
5% or greater direct ownership interest 100 2006-12
Andrea Collins corporate director 2025-02
Ashley Cason corporate director 2023-01
Brian Szwarc corporate director 2021-10
Carla Pearce corporate officer 2021-07
Carla Pearce w-2 managing employee 2021-07
Christopher Daniels corporate director 2025-03
Craig Wentworth corporate director 2021-07
Darcy Craven corporate officer 2020-08
Darcy Craven w-2 managing employee 2020-08
Gregory Hembree corporate officer 2016-12
Gregory Hembree w-2 managing employee 2016-12
Henry Stone corporate director 2021-10
Jacquelyn Santoro corporate director 2023-01
Jami Porter corporate director 2023-01
Jason Burnette corporate director 2025-03
Jason Nesmith corporate director 2021-10
Joe Carnline corporate director 2023-01
Josh Simmons corporate director 2023-01
Karen Bramblett corporate director 2023-01
Loren Rials w-2 managing employee 2025-08
Marvin Dawson corporate director 2023-01
Patricia Barrett w-2 managing employee 2006-09
Sina Griffith corporate director 2021-10
Timothy Ward corporate director 2025-02

Showing 25 of 26. Full list via /api/targets/110038.

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.

DateBuyerSellerHospitalBeds
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