Meadows Regional Medical Center
dba Memorial Health Meadows Hospital ·
Vidalia, GA
· CCN 110128
Licensed to Vidalia Health Services, Llc
Composite
38.4
rank score
Distress
27
FY2024
Fit
66
vs thesis
Estimated ticket
$5.7M–$11.4M
57 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- debt above 85% of assets
- rural — cheaper but limited density
- bed count in the target band
- 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 | $127M |
| Operating margin | 14.8% |
| Total margin | 20.8% |
| Days cash on hand | 1 |
| Current ratio | 2.76 |
| Occupancy | 82% |
Facility
| Beds | 57 |
| 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 | 52 | $98.7M | $-33.5M | -35.8% | -32.3% | 24 | 3.27 | 83% | 3,717 | 67 |
| 2022 | 57 | $79.5M | $-8.0M | -18.2% | -9.3% | 0 | 2.38 | 100% | 3,609 | 78 |
| 2023 | 57 | $91.8M | $-8.2M | -18.8% | -8.2% | 0 | 2.58 | 81% | 5,266 | 78 |
| 2024 | 57 | $127M | $28.3M | 14.8% | 20.8% | 1 | 2.76 | 82% | 4,995 | 27 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Hca Healthcare Inc | 5% or greater indirect ownership interest | 100 | 2021-05 | |
| Hca Inc | 5% or greater indirect ownership interest | 100 | 2021-05 | |
| Healthtrust Inc - The Hospital Company | 5% or greater indirect ownership interest | 100 | 2021-05 | |
| Hti Hospital Holdings Inc | 5% or greater direct ownership interest | 100 | 2021-05 | |
| Frisco Holding Ii | 5% or greater indirect ownership interest | 16 | 2026-02 | |
| Hercules Holding Ii | 5% or greater indirect ownership interest | 14 | 2021-05 | |
| Eric Smith | contracted managing employee | 2021-05 | ||
| Jared Kirby | corporate officer | 2024-08 | ||
| Jared Kirby | w-2 managing employee | 2022-05 | ||
| Wesley Taylor | corporate officer | 2025-05 | ||
| Wesley Taylor | w-2 managing employee | 2025-05 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2021-05-01 | change of ownership | Vidalia Health Services, Llc | Meadows Regional Medical Center Inc |
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 |