dealflow
envelope $200M

← Targets

Phoebe Sumter Medical Center Inc

dba Phoebe Sumter Medical Center · Americus, Sumter County, GA · CCN 110044
Licensed to Phoebe Sumter Medical Center, Inc.

Composite
30.3
rank score
Distress
9
FY2024
Fit
66
vs thesis
Estimated ticket
$5.4M–$10.8M
54 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin under 2%
  • margin slipping
  • rural — cheaper but limited density
  • bed count in the target band
  • very small ticket — sub-scale as a platform asset
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$114M
Operating margin 0.1%
Total margin 13.3%
Days cash on hand 168
Current ratio 7.57
Occupancy91%

Facility

Beds54
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
2021 54 $88.3M $15.1M -10.0% 13.5% 185 4.34 68% 2,473 28
2022 54 $96.9M $5.4M -8.3% 4.9% 161 7.03 83% 2,968 22
2023 54 $101M $10.7M -1.6% 9.4% 186 6.58 86% 3,338 16
2024 54 $114M $17.4M 0.1% 13.3% 168 7.57 91% 3,552 9

Owners

OwnerRole%SinceType
Phoebe Putney Health Systems Inc
Albany, GA
operational/managerial control 100 2009-07
Angela Holt corporate officer 2025-01
Bardin Hooks corporate officer 2020-01
Brian Church corporate officer 2021-01
Carlyle Walton corporate officer 2022-10
Dilbon Smith corporate officer 2025-01
Fredrick Mclaughlin corporate officer 2009-07
John Crisp corporate officer 2021-01
Michelle Johnston corporate officer 2026-01
Rebecca Kendall w-2 managing employee 2020-01
Sandra Daniel corporate officer 2020-01
Sandra Zornes corporate officer 2020-01
Scott Steiner corporate officer 2020-01

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.

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