Southwell Medical
Adel, Cook County, GA
· CCN 110101
Licensed to Tift Regional Health System Inc
Composite
53.7
rank score
Distress
78
FY2024
Fit
46
vs thesis
Estimated ticket
$560K–$1.1M
8 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $56.4M |
| Operating margin | -19.0% |
| Total margin | -15.8% |
| Days cash on hand | 5 |
| Current ratio | 3.72 |
| Occupancy | 20% |
Facility
| Beds | 8 |
| 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 | 8 | $50.1M | $-4.5M | -11.5% | -8.8% | 2 | 5.19 | 18% | 129 | 76 |
| 2022 | 8 | $57.2M | $2.4M | 0.9% | 4.1% | 1 | 5.26 | 21% | 182 | 38 |
| 2023 | 8 | $53.5M | $-9.4M | -19.2% | -17.3% | 3 | 3.63 | 22% | 216 | 76 |
| 2024 | 8 | $56.4M | $-9.1M | -19.0% | -15.8% | 5 | 3.72 | 20% | 201 | 78 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Christopher Dorman | corporate director | 2019-03 | ||
| Christopher Dorman | w-2 managing employee | 2019-03 | ||
| George Hunt | corporate director | 2012-07 | ||
| James Scott | corporate director | 2019-03 | ||
| Jessica Beier | corporate director | 2019-03 | ||
| John Brownlee | corporate director | 2012-07 | ||
| Kristy Gladden | w-2 managing employee | 2022-04 | ||
| Lenton Daughtrey | corporate director | 2019-03 | ||
| Mark Kimball | corporate director | 2025-03 | ||
| Mark Kimball | w-2 managing employee | 2025-03 | ||
| Scott Fulp | corporate director | 2019-03 | ||
| Troy Brooks | corporate director | 2022-06 | ||
| Troy Brooks | w-2 managing employee | 2022-06 |
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 |