Phoebe Worth Medical Center
Sylvester, Worth County, GA
· CCN 111328
Licensed to Phoebe Worth Medical Center, Inc
Composite
26.0
rank score
Distress
4
FY2024
Fit
60
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- 90-150 days cash on hand
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $24.1M |
| Operating margin | 10.0% |
| Total margin | 15.7% |
| Days cash on hand | 129 |
| Current ratio | 5.12 |
| Occupancy | 63% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | $15.5M | $784K | -18.0% | 4.1% | 168 | 4.67 | 38% | 168 | 44 |
| 2022 | 25 | $20.2M | $3.0M | -5.4% | 12.4% | 101 | 5.20 | 45% | 257 | 43 |
| 2023 | 25 | $23.0M | $3.2M | 9.0% | 13.3% | 145 | 3.59 | 61% | 177 | 9 |
| 2024 | 25 | $24.1M | $4.0M | 10.0% | 15.7% | 129 | 5.12 | 63% | 186 | 4 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brian Church | w-2 managing employee | 2022-03 | ||
| Candace Guarnieri | corporate officer | 2012-11 | ||
| Don Mock | corporate officer | 2015-02 | ||
| Grace Davis | corporate officer | 2022-04 | ||
| John Nesmith | corporate officer | 2021-04 | ||
| Johnny Cochran | corporate officer | 2015-02 | ||
| Mary Givens | corporate officer | 2015-02 | ||
| Phoebe Putney Health Systems Inc | 5% or greater direct ownership interest | 2008-02 | ||
| Scott Steiner | corporate officer | 2021-04 | ||
| Toney Shipp | corporate officer | 2021-04 |
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 |