Bluegrass Community Hospital
dba Centerpoint Health - Versailles ·
Versailles, Woodford County, KY
· CCN 181308
Licensed to Woodford Hospital, Llc
Composite
36.0
rank score
Distress
32
FY2024
Fit
54
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
for-profit
CAH
Why it ranks here
- under 30 days cash on hand
- debt above 85% of assets
- occupancy 30-45%
- urban — higher occupancy and iteration surface
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $25.4M |
| Operating margin | 10.2% |
| Total margin | 11.0% |
| Days cash on hand | 0 |
| Current ratio | 2.45 |
| Occupancy | 36% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $14.3M | $365K | -6.0% | 2.3% | 0 | 0.44 | 36% | 316 | 74 |
| 2022 | 25 | $17.5M | $455K | -1.1% | 2.5% | 0 | 0.66 | 36% | 353 | 68 |
| 2023 | 25 | $18.1M | $562K | -10.6% | 2.7% | 0 | 1.91 | 31% | 323 | 67 |
| 2024 | 25 | $25.4M | $2.8M | 10.2% | 11.0% | 0 | 2.45 | 36% | 137 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 100 | 2018-11 | |
| Legacy Lifepoint Health Llc | 5% or greater indirect ownership interest | 100 | 2018-11 | |
| Lifepoint Corporate Services General Partnership | 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 | 2003-12 | |
| Lifepoint Hospitals Holdings Llc | 5% or greater indirect ownership interest | 100 | 2002-06 | |
| Lifepoint Of Kentucky Llc | 5% or greater direct ownership interest | 100 | 1999-04 | |
| Historic Lifepoint Hospitals, Llc | 5% or greater indirect ownership interest | 97 | 2002-06 | |
| Bruce Tassin | w-2 managing employee | 2025-08 | ||
| Charlotte Lawrence | corporate officer | 2022-01 | ||
| Christopher Monte | corporate officer | 2005-06 | ||
| Daniel Davis | corporate officer | 2022-09 | ||
| Elliott Brown | corporate officer | 2026-04 | ||
| Lifepoint Corporate Services General Partnership | operational/managerial control | 2005-04 | ||
| 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 |
|---|---|---|---|---|
| 2024-04-01 | Bowling Green-Warren County... | The Medical Center At Clinton County Inc | The Medical Center Of Albany | 25 |
| 2024-04-01 | Bowling Green-Warren County... | The Medical Center At Franklin Inc | The Medical Center At Franklin | 25 |
| 2021-10-01 | Deaconess Union County Hospital, Inc | Methodist Health, Inc. | Deaconness Union County Hospital | 25 |
| 2018-07-01 | Arh Mary Breckinridge Health Services Inc | Saint Joseph Health System Inc | Our Lady Of The Way | 25 |
| 2016-01-01 | Bowling Green-Warren County... | Caverna Memorial Hospital Inc | The Medical Center At Caverna | 25 |