Candler County Hospital
Metter, Candler County, GA
· CCN 111334
Licensed to Hospital Authority Of Candler County
Composite
27.1
rank score
Distress
9
FY2023
Fit
58
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- 60-90 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
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $32.7M |
| Operating margin | 11.1% |
| Total margin | 9.7% |
| Days cash on hand | 64 |
| Current ratio | 2.62 |
| Occupancy | 64% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $23.1M | $2.2M | 12.9% | 7.6% | 12 | 0.93 | 49% | 357 | 44 |
| 2021 | 25 | $22.5M | $3.4M | -9.2% | 12.2% | 86 | 1.28 | 58% | 744 | 42 |
| 2022 | 25 | $31.8M | $5.2M | 12.7% | 13.1% | 61 | 2.09 | 60% | 279 | 10 |
| 2023 | 25 | $32.7M | $3.9M | 11.1% | 9.7% | 64 | 2.62 | 64% | 218 | 9 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Diana Hansen | operational/managerial control | 100 | 2022-02 | |
| Hospital Authority Of Candler County | 5% or greater direct ownership interest | 100 | 2007-11 | |
| Michael Purvis | operational/managerial control | 100 | 2022-02 | |
| Willuck Bennett | corporate officer | 100 | 2019-06 | |
| Willuck Bennett | operational/managerial control | 2022-02 |
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 |