Meadowview Regional Medical Center
Maysville, Mason County, KY
· CCN 180019
Licensed to Meadowview Regional Medical Center Llc
Composite
32.2
rank score
Distress
28
FY2023
Fit
49
vs thesis
Estimated ticket
$10.0M–$20.0M
100 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- occupancy below 30%
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $88.9M |
| Operating margin | 11.2% |
| Total margin | 12.3% |
| Days cash on hand | 0 |
| Current ratio | 2.42 |
| Occupancy | 15% |
Facility
| Beds | 100 |
| Facility type | STH |
| Setting | rural |
| Ownership class | for-profit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 100 | $66.0M | $6.8M | 2.2% | 9.5% | 0 | 0.74 | 17% | 2,152 | 44 |
| 2021 | 100 | $85.0M | $15.0M | 14.9% | 17.1% | 0 | 2.25 | 19% | 2,145 | 31 |
| 2022 | 100 | $75.2M | $3.9M | 3.2% | 5.0% | 0 | 2.34 | 16% | 1,831 | 31 |
| 2023 | 100 | $88.9M | $11.0M | 11.2% | 12.3% | 0 | 2.42 | 15% | 1,777 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 100 | 2018-11 | |
| Historic Lifepoint Hospitals, Llc | 5% or greater indirect ownership interest | 100 | 1998-12 | |
| Legacy Lifepoint Health Llc | 5% or greater indirect ownership interest | 100 | 2018-11 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 100 | 2018-11 | |
| Lifepoint Holdings 2 Llc | 5% or greater indirect ownership interest | 100 | 1998-12 | |
| Lifepoint Hospitals Holdings Llc | 5% or greater indirect ownership interest | 100 | 1998-12 | |
| Lifepoint Of Kentucky Llc | 5% or greater direct ownership interest | 100 | 1998-12 | |
| Charlotte Lawrence | corporate officer | 2022-01 | ||
| Christopher Monte | corporate officer | 2006-06 | ||
| Daniel Davis | corporate officer | 2022-09 | ||
| Elliott Brown | corporate officer | 2026-04 | ||
| Kathy Vancampen | w-2 managing employee | 2025-04 | ||
| Lifepoint Corporate Services General Partnership | operational/managerial control | 2015-01 | ||
| Marcus Poppell | corporate officer | 2009-11 | ||
| William Haugh | corporate officer | 2022-09 |
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 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 |