Bleckley Memorial Hospital
dba Bleckley Memorial Hosp ·
Cochran, Bleckley County, GA
· CCN 111302
Licensed to Bleckley County Hospital
Composite
25.4
rank score
Distress
8
FY2024
Fit
54
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- occupancy 45-60%
- margin deteriorating
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $13.5M |
| Operating margin | 10.5% |
| Total margin | 18.8% |
| Days cash on hand | 274 |
| Current ratio | 5.65 |
| Occupancy | 57% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 15 | $10.7M | $2.6M | 8.3% | 21.2% | 343 | 1.93 | 76% | 132 | 0 |
| 2022 | 15 | $11.5M | $4.2M | 7.0% | 28.2% | 237 | 4.12 | 81% | 135 | 0 |
| 2023 | 25 | $11.5M | $2.6M | 7.1% | 19.5% | 199 | 6.17 | 41% | 84 | 6 |
| 2024 | 25 | $13.5M | $2.8M | 10.5% | 18.8% | 274 | 5.65 | 57% | 87 | 8 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Amy Cook | corporate officer | 2024-05 | ||
| Amy Cook | w-2 managing employee | 2018-05 | ||
| Deana Floyd | w-2 managing employee | 2012-06 |
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... | Sgmc Lanier Campus | 25 |
| 2017-11-01 | Lifebrite Hospital Group Of Early Llc | Pioneer Health Services Of Early... | Lifebrite Community Hospital Of Earl | 25 |
| 2016-11-01 | Effingham Hospital Inc | Effingham Health System | Effingham Hospital | 25 |