Sgmc Lanier Campus
Lakeland, Lanier County, GA
· CCN 111326
Licensed to South Georgia Medical Center Inc
Already transacted. CMS recorded an ownership change effective
2023-11-01. Confirm the current owner before spending a call on this.
Composite
15.3
rank score
Distress
48
FY2023
Fit
56
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- current ratio under 1.5
- occupancy 30-45%
- urban — higher occupancy and iteration surface
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- government-owned — public process likely
- changed ownership 2023-11-01 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $16.4M |
| Operating margin | -17.6% |
| Total margin | -9.1% |
| Days cash on hand | 641 |
| Current ratio | 1.37 |
| Occupancy | 37% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $14.5M | $-2.5M | -24.6% | -16.0% | 2,067 | 1.61 | 31% | 238 | 50 |
| 2021 | 25 | $15.1M | $-2.3M | -24.7% | -13.8% | 1,605 | 1.52 | 36% | 254 | 50 |
| 2022 | 25 | $19.3M | $2.3M | -0.7% | 10.6% | 483 | 1.25 | 33% | 289 | 24 |
| 2023 | 25 | $16.4M | $-1.6M | -17.6% | -9.1% | 641 | 1.37 | 37% | 261 | 48 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| South Georgia Medical Center Inc | 5% or greater direct ownership interest | 100 | 2023-11 | |
| John Moore | corporate officer | 2021-07 | ||
| John Moore | w-2 managing employee | 2021-07 | ||
| Julie Hodges | corporate officer | 2015-07 | ||
| Julie Hodges | w-2 managing employee | 2015-07 | ||
| Ronnie Dean | corporate officer | 2019-11 | ||
| Ronnie Dean | w-2 managing employee | 2019-11 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2023-11-01 | change of ownership | South Georgia Medical Center Inc | Hospital Authority Of Valdosta... |
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 |