dealflow
envelope $200M

← Targets

Liberty Regional Medical Center

Hinesville, Liberty County, GA · CCN 111335
Licensed to Hospital Authority Of Liberty County

Composite
31.1
rank score
Distress
25
FY2023
Fit
50
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin -10% to -5%
  • occupancy 30-45%
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • government-owned — public process likely

Latest financials · FY2023

Net patient revenue$52.5M
Operating margin -5.3%
Total margin 12.4%
Days cash on hand 176
Current ratio 2.93
Occupancy34%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 25 $60.8M $5.3M -4.9% 7.7% 113 1.98 41% 988 30
2021 25 $44.6M $8.8M -9.6% 15.2% 169 2.03 52% 1,040 24
2022 25 $46.0M $2.2M -14.4% 3.9% 146 2.86 40% 784 38
2023 25 $52.5M $7.8M -5.3% 12.4% 176 2.93 34% 683 25

Owners

OwnerRole%SinceType
Hospital Authority Of Liberty County
Hinesville, GA
5% or greater direct ownership interest 100 2014-11
Bobby Herrington corporate officer 2014-11
Brooke Horne corporate officer 2014-11
Derek Rozier corporate officer 2015-01
Derek Rozier w-2 managing employee 2015-01
Hugh Kroell corporate director 2008-04
Hugh Kroell w-2 managing employee 2014-11
James Rogers corporate officer 2014-11
James Thomas corporate officer 2014-11
Reginald Pierce corporate officer 2014-11
Will Darsey corporate officer 2014-11

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