Union General Hospital
Blairsville, Union County, GA
· CCN 110051
Licensed to Union County Hospital Authority
Composite
35.2
rank score
Distress
20
FY2024
Fit
66
vs thesis
Estimated ticket
$3.9M–$7.8M
39 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- rural — cheaper but limited density
- small but workable bed count
- 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 | $120M |
| Operating margin | 4.5% |
| Total margin | 15.7% |
| Days cash on hand | 5 |
| Current ratio | 3.08 |
| Occupancy | 68% |
Facility
| Beds | 39 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 39 | $96.2M | $16.7M | 6.7% | 15.7% | 2 | 1.12 | 71% | 2,550 | 26 |
| 2022 | 39 | $107M | $29.3M | 7.2% | 22.8% | 1 | 1.72 | 74% | 2,503 | 22 |
| 2023 | 39 | $109M | $27.1M | 2.4% | 20.4% | 1 | 3.38 | 64% | 2,535 | 22 |
| 2024 | 39 | $120M | $21.3M | 4.5% | 15.7% | 5 | 3.08 | 68% | 2,687 | 20 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cheryl Curtis | corporate officer | 2013-07 | ||
| Cheryl Curtis | w-2 managing employee | 2013-07 | ||
| Debra Self | w-2 managing employee | 2016-06 | ||
| Dinah Paris | corporate director | 2013-01 | ||
| Hospital Authority Of Union County | 5% or greater direct ownership interest | 2007-11 | ||
| John Merry | w-2 managing employee | 2014-08 | ||
| Julia Barnett | corporate officer | 2013-06 | ||
| Julia Barnett | w-2 managing employee | 2013-06 | ||
| Kevin Bierschenk | corporate officer | 2019-02 | ||
| Kevin Bierschenk | w-2 managing employee | 2019-02 | ||
| Michael Gay | corporate officer | 2016-06 | ||
| Michael Gay | w-2 managing employee | 2016-06 | ||
| Myron Turner | corporate director | 2013-01 | ||
| Nicholas Townsend | w-2 managing employee | 2016-04 | ||
| Steven Rowe | corporate director | 2015-07 |
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 |