dealflow
envelope $200M

← Targets

Taylor Regional Hospital

Campbellsville, Taylor County, KY · CCN 180087
Licensed to Taylor County Hospital District Health Facilities Corporation

Composite
31.1
rank score
Distress
31
FY2024
Fit
43
vs thesis
Estimated ticket
$9.0M–$18.0M
90 beds · within envelope
Ownership
government
STH

Why it ranks here

  • operating margin negative
  • 60-90 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
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$130M
Operating margin -0.3%
Total margin 7.3%
Days cash on hand 67
Current ratio 2.18
Occupancy24%

Facility

Beds90
Facility typeSTH
Settingrural
Ownership classgovernment
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 90 $88.2M $4.1M -3.0% 4.3% 297 4.69 24% 1,937 24
2022 90 $90.4M $-11.1M -14.5% -11.3% 46 1.52 26% 1,676 70
2023 90 $110M $1.0M -6.7% 0.9% 31 2.04 27% 1,838 51
2024 90 $130M $10.3M -0.3% 7.3% 67 2.18 24% 1,791 31

Owners

OwnerRole%SinceType
Ben Cox corporate director 2013-01
Damarco Richardson corporate director 2021-01
Dawn Webster w-2 managing employee 2015-07
James Sabo 5% or greater direct ownership interest 2007-10
James Sabo w-2 managing employee 2011-03
John Chowning corporate officer 2019-01
John Chowning corporate director 2019-01
Joseph Hugar corporate officer 2022-02
Joseph Hugar corporate director 2022-02
Karen Patton corporate director 2016-01
Paul Phillips corporate officer 2015-04
Shirley Buckner corporate officer 2020-01
Shirley Buckner corporate director 2020-01

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 KY

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
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