dealflow
envelope $200M

← Targets

Sghs - Camden Campus

dba Southeast Georgia Health System Camden Campus · St. Marys, Camden County, GA · CCN 110146
Licensed to Southeast Georgia Health System, Inc

Composite
34.2
rank score
Distress
25
FY2024
Fit
58
vs thesis
Estimated ticket
$4.0M–$8.0M
40 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • under 30 days cash on hand
  • occupancy 30-45%
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$74.3M
Operating margin 12.9%
Total margin 15.4%
Days cash on hand 2
Current ratio 2.74
Occupancy39%

Facility

Beds40
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 40 $59.2M $6.5M 7.3% 10.5% 0 8.15 63% 2,055 22
2022 40 $66.6M $4.3M 3.1% 6.3% 0 4.65 60% 2,004 24
2023 40 $54.9M $-3.8M -10.3% -6.7% 0 2.64 43% 1,768 68
2024 40 $74.3M $11.8M 12.9% 15.4% 2 2.74 39% 2,184 25

Owners

OwnerRole%SinceType
Angela Heys corporate director 2021-04
Catina Tindall corporate director 2023-05
Christy Jordan corporate officer 2025-03
Denny Carter corporate director 2024-05
Glenn Gann corporate officer 2020-07
James Loomis corporate director 2019-04
Jeffery Barker corporate director 2024-05
Kay Hampton corporate director 2019-05
Michael Hodges corporate director 2007-10
Robert Turner corporate director 2013-04
Roosevelt Harris corporate director 2020-07
Shirley Wilson corporate director 2019-05
Stephen Chitty corporate director 2019-05
Stephen Grigsby corporate officer 2024-04
Stephen Grigsby operational/managerial control 2024-04
Valerie Hepburn corporate director 2015-05
William Suddath corporate director 2024-05

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