dealflow
envelope $200M

← Targets

Fairview Park Hospital

Dublin, Laurens County, GA · CCN 110125
Licensed to Fairview Park Limited Partnership

Composite
38.0
rank score
Distress
20
FY2024
Fit
72
vs thesis
Estimated ticket
$12.3M–$24.6M
123 beds · within envelope
Ownership
for-profit
STH

Why it ranks here

  • under 30 days cash on hand
  • rural — cheaper but limited density
  • bed count in the target band
  • small ticket — deploys little of the available capital
  • strong occupancy — good iteration surface
  • for-profit — no charitable conversion review

Latest financials · FY2024

Net patient revenue$180M
Operating margin 25.1%
Total margin 25.6%
Days cash on hand 0
Current ratio 2.90
Occupancy80%

Facility

Beds123
Facility typeSTH
Settingrural
Ownership classfor-profit
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 123 $150M $37.2M 23.1% 24.4% 0 2.11 77% 7,439 22
2022 125 $171M $42.2M 24.0% 24.5% 0 2.65 85% 8,324 22
2023 122 $170M $38.5M 21.8% 22.5% 0 2.63 80% 8,566 22
2024 123 $180M $46.5M 25.1% 25.6% 0 2.90 80% 8,657 20

Owners

OwnerRole%SinceType
Dublin Community Hospital Llc
Nashville, TN
5% or greater indirect ownership interest 100 2007-05
Hca Healthcare Inc
Nashville, TN
5% or greater indirect ownership interest 100 2011-08
Hca Inc
Nashville, TN
5% or greater indirect ownership interest 100 2007-05
Healthtrust Inc - The Hospital Company
Nashville, TN
5% or greater indirect ownership interest 100 2007-05
Hti Hospital Holdings Inc
Nashville, TN
5% or greater indirect ownership interest 100 2015-01
Fairview Partner Llc
Nashville, TN
limited partnership interest 99 2007-05
Frisco Holding Ii
Nashville, TN
5% or greater indirect ownership interest 16 2026-02
Hercules Holding Ii
Nashville, TN
5% or greater indirect ownership interest 14 2006-11
Fairview Park Gp Llc
Nashville, TN
general partnership interest 1 2007-05
Bradley Griffin corporate officer 2025-04
Bradley Griffin w-2 managing employee 2025-04
Cynthia Nobles corporate officer 2025-01
Cynthia Nobles w-2 managing employee 2019-03
Eric Smith contracted managing employee 2021-03
Eric Smith other 2021-03

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