dealflow
envelope $200M

← Targets

Southern Crescent Hospital

dba Anchor Hospital · College Park, Clayton County, GA · CCN 114032
Licensed to Uhs Of Anchor L.p.

Composite
53.3
rank score
Distress
32
FY2023
Fit
92
vs thesis
Estimated ticket
$33.5M–$134M
122 beds · within envelope
Ownership
for-profit
PH

Why it ranks here

  • under 30 days cash on hand
  • current ratio below 0.8
  • part of a multi-hospital chain — divestiture candidate
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • bed count in the target band
  • ticket size uses the capital envelope well
  • strong occupancy — good iteration surface
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$26.0M
Operating margin 3.5%
Total margin 5.0%
Days cash on hand 0
Current ratio -0.04
Occupancy76%

Facility

Beds122
Facility typePH
Settingurban
Ownership classfor-profit
Per-bed (low) $275K
Per-bed (high) $1.1M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 122 $21.1M $493K -1.6% 2.2% 0 -0.02 70% 3,922 51
2021 122 $22.7M $801K 3.2% 3.5% 0 -0.04 72% 3,872 36
2022 122 $23.3M $402K -4.6% 1.6% 0 -0.03 75% 3,908 54
2023 122 $26.0M $1.3M 3.5% 5.0% 0 -0.04 76% 4,002 32

Owners

OwnerRole%SinceType
Cheryl Ramagano corporate officer 100 2010-02
George Brunner corporate officer 100 2010-02
Katharine Lyver corporate officer 100 2024-01
Matthew Klein corporate officer 100 2010-02
Matthew Peterson corporate officer 100 2019-09
Matthew Peterson operational/managerial control 100 2019-09
Steve Filton corporate officer 100 2010-02
Steve Filton operational/managerial control 100 2010-02
Thomas Day corporate officer 100 2021-07
Uhs Of Delaware Inc
King Of Prussia, PA
operational/managerial control 100 2010-02 chain
Universal Health Services Inc
King Of Prussia, PA
5% or greater indirect ownership interest 100 2010-02
Uhs Of Georgia Holdings, Inc.
King Of Prussia, PA
5% or greater direct ownership interest 99 2010-02
Uhs Of Georgia Holdings, Inc.
King Of Prussia, PA
limited partnership interest 99 2010-02
Alan Miller 5% or greater indirect ownership interest 87 2024-03
James Coleman contracted managing employee 50 2010-02
Matthew Peterson corporate director 33 2019-09
Steve Filton corporate director 33 2010-02
Thomas Day corporate director 33 2021-07
Uhs Of Georgia Inc
King Of Prussia, PA
5% or greater direct ownership interest 1 2010-02
Uhs Of Georgia Inc
King Of Prussia, PA
general partnership interest 1 2010-02
Brian Fisk contracted managing employee 2022-06
Brian Fisk corporate officer 2022-06
Sharon Stackhouse contracted managing employee 2025-01
Sharon Stackhouse corporate officer 2025-01

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
2017-01-05 Rv Behavioral, Llc Ridgeview Institute,inc Ridgeview Institute Smyrna 188