The Medical Center At Scottsville
Scottsville, Allen County, KY
· CCN 181324
Licensed to Bowling Green-Warren County Community Hospital Corporation
Composite
31.2
rank score
Distress
18
FY2024
Fit
53
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- 30-60 days cash on hand
- current ratio under 1.5
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $41.5M |
| Operating margin | 14.2% |
| Total margin | 15.6% |
| Days cash on hand | 30 |
| Current ratio | 1.30 |
| Occupancy | 65% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | $28.3M | $-470K | -3.5% | -1.6% | 91 | 0.58 | 74% | 203 | 52 |
| 2022 | 22 | $31.5M | $1.2M | 1.1% | 3.7% | 35 | 0.54 | 72% | 226 | 41 |
| 2023 | 25 | $34.8M | $2.6M | 5.3% | 7.2% | 23 | 0.41 | 69% | 188 | 36 |
| 2024 | 25 | $41.5M | $6.6M | 14.2% | 15.6% | 30 | 1.30 | 65% | 152 | 18 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Commonwealth Health Corporation, Inc. | 5% or greater direct ownership interest | 100 | 1996-10 | chain |
| Cathy Bishop | corporate director | 2000-01 | ||
| Commonwealth Health Corporation, Inc. | operational/managerial control | 2025-07 | chain | |
| Connie Smith | corporate officer | 1998-03 | ||
| Connie Smith | w-2 managing employee | 1998-03 | ||
| David Gray | corporate officer | 2020-08 | ||
| David Gray | w-2 managing employee | 2020-08 | ||
| Donna Blackburn | corporate director | 2004-01 | ||
| Douglas Thomson | corporate director | 2014-01 | ||
| Eli Jackson | corporate director | 2000-01 | ||
| Jackie Pope-Tarrence | corporate director | 2018-02 | ||
| Janet Johnson | corporate director | 2005-03 | ||
| Joe Natcher | corporate director | 1992-01 | ||
| Katrina Wood | corporate officer | 2023-05 | ||
| Michael Thurmond | corporate director | 2024-05 | ||
| Michele Lawless | corporate officer | 2020-08 | ||
| Michele Lawless | w-2 managing employee | 2020-08 | ||
| Mohammed Kazimuddin | corporate director | 2015-01 | ||
| Paul Cook | corporate director | 1982-01 | ||
| Thomas Loving | corporate director | 2014-01 | ||
| Wade Stone | corporate officer | 2012-11 | ||
| Wade Stone | w-2 managing employee | 2012-11 | ||
| William Borders | w-2 managing employee | 2023-12 | ||
| William Moss | corporate director | 2022-01 |
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.
| 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 |