Uofl Health-Shelbyville
dba Uofl Health - Shelbyville Hospital ·
Shelbyville, KY
· CCN 180016
Licensed to Uofl Health-Shelbyville Inc
Composite
52.7
rank score
Distress
76
FY2024
Fit
46
vs thesis
Estimated ticket
$2.2M–$4.5M
32 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- current ratio under 1.5
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $36.6M |
| Operating margin | -16.6% |
| Total margin | -16.1% |
| Days cash on hand | — |
| Current ratio | 1.06 |
| Occupancy | 28% |
Facility
| Beds | 32 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 30 | $14.8M | $5.1M | -13.1% | 23.2% | 0 | 1.94 | 9% | 244 | 63 |
| 2021 | 32 | $25.4M | $-496K | -7.1% | -1.9% | — | 0.68 | 8% | 330 | 73 |
| 2022 | 32 | $32.0M | $-2.0M | -9.4% | -6.0% | — | 0.50 | 31% | 1,047 | 74 |
| 2023 | 32 | $33.5M | $-2.1M | -12.8% | -5.7% | — | 1.12 | 22% | 1,022 | 67 |
| 2024 | 32 | $36.6M | $-5.9M | -16.6% | -16.1% | — | 1.06 | 28% | 1,151 | 76 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Uofl Health, Inc. | 5% or greater direct ownership interest | 100 | 2019-11 | |
| Andrew Duffee | corporate director | 2024-01 | ||
| Gary Walls | corporate director | 2024-01 | ||
| Janice Harris | corporate director | 2024-01 | ||
| Jason Smith | corporate officer | 2025-07 | ||
| Jason Smith | corporate director | 2025-07 | ||
| Kellen Choi | corporate director | 2026-05 | ||
| Kenneth Gardner | corporate director | 2024-01 | ||
| Kenneth Marshall | corporate officer | 2019-11 | ||
| Kirk Strack | corporate officer | 2023-07 | ||
| Kirk Strack | w-2 managing employee | 2025-07 | ||
| Patrick Hargadon | corporate director | 2024-01 | ||
| Ray Leathers | corporate director | 2024-01 | ||
| Ronald Caughron | corporate director | 2024-01 | ||
| Stephen Meador | corporate director | 2024-01 | ||
| Troy Rawlins | corporate director | 2024-01 | ||
| University Of Louisville | operational/managerial control | 2019-11 | ||
| Valerie Briones-Pryor | corporate director | 2024-01 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2019-11-01 | change of ownership | Uofl Health-Shelbyville Inc | Jewish Hospital & St. Mary's... |
Who has been buying in KY
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 |
|---|---|---|---|---|
| 2024-07-01 | Bowling Green-Warren County... | Logan Memorial Hospital Llc | Logan Memorial Hospital | 37 |
| 2021-12-01 | Arh Tug Valley Health Services Inc | Paintsville Hospital Company Llc | Paintsville Arh Hospital | 39 |
| 2021-01-01 | Owensboro Health Twin Lakes... | Grayson County Hospital Foundation Inc | Owensboro Health Twin Lakes Medical | 49 |
| 2020-09-01 | Baptist Healthcare System Inc | Hardin Memorial Hospital | Baptist Health Hardin | 271 |
| 2019-11-01 | Uofl Health-Louisville Inc | Jewish Hospital & St. Mary's... | Uofl Health-Louisville | 789 |
| 2019-11-01 | Uofl Health-Shelbyville Inc | Jewish Hospital & St. Mary's... | Uofl Health-Shelbyville | 32 |
| 2019-09-01 | Baptist Healthcare System Inc | Baptist Health Richmond Inc | Baptist Health Richmond | 53 |
| 2019-08-01 | Arh Tug Valley Health Services Inc | Highlands Hospital Corp | Highlands Regional Medical Center | 63 |
| 2016-02-11 | T J Health Columbia Inc | Adair County Hospital District | Tj Health Columbia | 49 |