Jefferson Hospital
Louisville, Jefferson County, GA
· CCN 110100
Licensed to Hospital Authority Of Jefferson County And The City Of Louisville
Composite
54.5
rank score
Distress
76
FY2023
Fit
50
vs thesis
Estimated ticket
$2.6M–$5.2M
37 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- current ratio under 1.5
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $13.6M |
| Operating margin | -47.1% |
| Total margin | -8.3% |
| Days cash on hand | — |
| Current ratio | 1.35 |
| Occupancy | 5% |
Facility
| Beds | 37 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 37 | $10.2M | $4.8M | -34.8% | 25.9% | 114 | 1.63 | 12% | 331 | 41 |
| 2021 | 37 | $12.8M | $3.7M | -24.3% | 18.8% | 130 | 1.83 | 17% | 405 | 41 |
| 2022 | 37 | $14.4M | $792K | -36.4% | 3.9% | 42 | 2.04 | 10% | 257 | 53 |
| 2023 | 37 | $13.6M | $-1.5M | -47.1% | -8.3% | — | 1.35 | 5% | 190 | 76 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Wendy Martin | w-2 managing employee | 100 | 2019-09 | |
| John Johnson | corporate director | 2007-10 | ||
| Lee Woods | corporate director | 2011-01 | ||
| Mary Clark | corporate director | 2007-10 | ||
| Wendy Martin | corporate officer | 2019-09 | ||
| William Easterlin | corporate director | 2007-10 |
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 |