University Hospital Mcduffie
dba Piedmont Mcduffie Hospital ·
Thomson, GA
· CCN 110111
Licensed to University Mcduffie County Regional Medical Center, Inc.
Composite
52.9
rank score
Distress
56
FY2024
Fit
64
vs thesis
Estimated ticket
$10.6M–$42.5M
25 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin negative
- total margin negative
- under 30 days cash on hand
- occupancy 30-45%
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- small but workable bed count
- small ticket — deploys little of the available capital
- thin occupancy
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $29.5M |
| Operating margin | -2.0% |
| Total margin | -2.0% |
| Days cash on hand | 28 |
| Current ratio | 2.65 |
| Occupancy | 40% |
Facility
| Beds | 25 |
| Facility type | STH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $20.6M | $2.3M | 1.4% | 10.1% | 339 | 1.85 | 48% | 562 | 13 |
| 2021 | 25 | $21.6M | $4.8M | 1.2% | 18.5% | 191 | 18.27 | 42% | 628 | 12 |
| 2022 | 25 | $25.9M | $3.6M | 8.2% | 13.2% | 64 | -1.10 | 65% | 639 | 23 |
| 2023 | 25 | $15.1M | $3.1M | 18.4% | 20.0% | 569 | 3.80 | 45% | 449 | 2 |
| 2024 | 25 | $29.5M | $-595K | -2.0% | -2.0% | 28 | 2.65 | 40% | 807 | 56 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Richmond County Hospital Authority | 5% or greater indirect ownership interest | 100 | 2012-07 | |
| Charles Brown | corporate director | 2022-03 | ||
| David Belkoski | corporate officer | 2012-07 | ||
| David Belkoski | w-2 managing employee | 2012-07 | ||
| Kevin Brown | corporate director | 2022-03 | ||
| Piedmont Healthcare Inc | operational/managerial control | 2022-03 | chain | |
| Robert Cross | corporate officer | 2022-03 | ||
| Thomas Arnold | corporate officer | 2022-03 | ||
| University Health, Inc | 5% or greater direct ownership interest | 2012-07 | ||
| University Mcduffie County Regional Medical Center, Inc. | operational/managerial control | 2012-07 | ||
| William Doupe' | corporate director | 2012-07 |
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 |