Jane Todd Crawford Hospital
Greensburg, Green County, KY
· CCN 181325
Licensed to Jane Todd Crawford Memorial Hospital Inc.
Composite
25.7
rank score
Distress
10
FY2024
Fit
53
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- margin deteriorating sharply
- 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 | $33.0M |
| Operating margin | 2.4% |
| Total margin | 28.0% |
| Days cash on hand | 1,150 |
| Current ratio | 3.05 |
| Occupancy | 70% |
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 | $42.2M | $22.9M | 48.2% | 51.2% | 433 | -8.26 | 67% | 79 | 13 |
| 2022 | 25 | $53.2M | $30.3M | 52.7% | 54.6% | 567 | 5.94 | 68% | 69 | 0 |
| 2023 | 25 | $36.1M | $9.5M | 20.0% | 24.8% | 998 | 2.76 | 76% | 115 | 0 |
| 2024 | 25 | $33.0M | $12.5M | 2.4% | 28.0% | 1,150 | 3.05 | 70% | 81 | 10 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cinda Meyer | w-2 managing employee | 2007-02 | ||
| Joe Shuffett | corporate director | 2007-02 | ||
| Rex Tungate | corporate officer | 2007-02 | ||
| Ruthie Shuffett | corporate director | 2007-02 | ||
| Steve Lewis | corporate director | 2007-02 | ||
| Valerie Perkins | corporate director | 2007-02 |
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 |