Sylvan Grove Hospital
dba Wellstar Sylvan Grove Hospital ·
Jackson, Butts County, GA
· CCN 111319
Licensed to Wellstar Sylvan Grove Hospital Inc
Composite
36.8
rank score
Distress
28
FY2024
Fit
60
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- under 30 days cash on hand
- occupancy 45-60%
- margin deteriorating
- urban — higher occupancy and iteration surface
- 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 | $23.0M |
| Operating margin | 11.0% |
| Total margin | 11.2% |
| Days cash on hand | 0 |
| Current ratio | 7.23 |
| Occupancy | 54% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | urban |
| 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 | 25 | $14.7M | $2.6M | 5.8% | 15.9% | 0 | 0.17 | 47% | 301 | 38 |
| 2022 | 25 | $17.8M | $3.4M | 16.1% | 18.5% | 0 | 0.61 | 41% | 299 | 41 |
| 2023 | 25 | $21.2M | $3.9M | 18.2% | 18.3% | 0 | 5.42 | 44% | 289 | 28 |
| 2024 | 25 | $23.0M | $2.6M | 11.0% | 11.2% | 0 | 7.23 | 54% | 365 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ebenezer Erzuah | w-2 managing employee | 100 | 2015-04 | |
| John Kerndl | corporate officer | 100 | 2025-02 | |
| John Kerndl | w-2 managing employee | 100 | 2025-02 | |
| Joseph Reppert | corporate officer | 100 | 2024-04 | |
| Joseph Reppert | w-2 managing employee | 100 | 2020-08 | |
| Wellstar Health System Inc | 5% or greater indirect ownership interest | 100 | 2016-04 | |
| David Bottoms | corporate director | 5 | 2023-02 | |
| Edward Richardson | corporate director | 5 | 2019-04 | |
| Frank Ros | corporate director | 5 | 2016-04 | |
| Greg Morgan | corporate director | 5 | 2016-04 | |
| Gretchen Corbin | corporate director | 5 | 2024-10 | |
| Heather Graham | corporate director | 5 | 2025-09 | |
| James Cunningham | corporate director | 5 | 2021-03 | |
| James Holmes | corporate director | 5 | 2016-04 | |
| James Hornsby | corporate director | 5 | 2018-07 | |
| John Mckibben | corporate director | 5 | 2016-04 | |
| Keith Parker | corporate director | 5 | 2023-07 | |
| Mark Berry | corporate director | 5 | 2021-10 | |
| Mitzi Moore | corporate director | 5 | 2016-04 | |
| Orrin Swayze | corporate director | 5 | 2016-04 | |
| Paul Douglass | corporate director | 5 | 2016-04 | |
| William Brock | corporate director | 5 | 2016-04 |
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 |