dealflow
envelope $200M

← Targets

Jenkins County Medical Center

dba Jenkins County Family Medicine · Millen, Jenkins County, GA · CCN 111311
Licensed to Hospital Authority Of Jenkins County

Composite
21.4
rank score
Distress
8
FY2023
Fit
44
vs thesis
Estimated ticket
$1.3M–$2.5M
15 beds · within envelope
Ownership
for-profit
CAH

Why it ranks here

  • occupancy below 30%
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$12.6M
Operating margin 11.9%
Total margin 15.2%
Days cash on hand 307
Current ratio 6.66
Occupancy16%

Facility

Beds15
Facility typeCAH
Settingrural
Ownership classfor-profit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 15 $4.5M $-3.5M -86.9% -70.3% 87 3.79 13% 107 74
2021 15 $5.2M $353K 6.6% 6.8% 323 4.92 24% 161 9
2022 15 $10.1M $978K 4.9% 9.2% 241 5.03 23% 106 9
2023 15 $12.6M $2.0M 11.9% 15.2% 307 6.66 16% 53 8

Owners

OwnerRole%SinceType
Andrea Graham corporate officer 100 2024-10
Andrea Graham operational/managerial control 100 2024-10
Hospital Authority Of Jenkins County
Millen, GA
5% or greater direct ownership interest 2021-07
Jeffrey Brantley corporate director 2021-07
Jeffrey Brantley other 2021-07

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.

DateBuyerSellerHospitalBeds
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