Alliance Health Center
Meridian, Lauderdale County, MS
· CCN 250151
Licensed to Alliance Health Center Inc
Composite
37.6
rank score
Distress
40
FY2023
Fit
49
vs thesis
Estimated ticket
$7.9M–$15.8M
79 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- 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 | $54.5M |
| Operating margin | 28.6% |
| Total margin | 30.1% |
| Days cash on hand | 0 |
| Current ratio | 0.40 |
| Occupancy | 12% |
Facility
| Beds | 79 |
| 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 | 83 | $30.5M | $-728K | -9.7% | -2.2% | 0 | 0.08 | 28% | 1,545 | 74 |
| 2021 | 79 | $41.1M | $7.7M | 16.1% | 18.3% | 0 | 0.17 | 19% | 912 | 44 |
| 2022 | 79 | $46.1M | $27.4M | 32.5% | 46.8% | 0 | 0.76 | 15% | 746 | 44 |
| 2023 | 79 | $54.5M | $16.8M | 28.6% | 30.1% | 0 | 0.40 | 12% | 722 | 40 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cheryl Ramagano | corporate officer | 100 | 2010-11 | |
| James Shehi | contracted managing employee | 100 | 2017-11 | |
| James Shehi | corporate officer | 100 | 2017-11 | |
| Katharine Lyver | corporate officer | 100 | 2024-01 | |
| Matthew Klein | corporate officer | 100 | 2010-11 | |
| Matthew Peterson | corporate officer | 100 | 2019-09 | |
| Matthew Peterson | operational/managerial control | 100 | 2019-09 | |
| Psychiatric Solutions, Inc. | 5% or greater indirect ownership interest | 100 | 2006-12 | |
| Steve Filton | corporate officer | 100 | 2019-09 | |
| Steve Filton | operational/managerial control | 100 | 2019-09 | |
| Thomas Day | corporate officer | 100 | 2021-07 | |
| Uhs Of Delaware Inc | operational/managerial control | 100 | 2010-11 | |
| Universal Health Services Inc | 5% or greater indirect ownership interest | 100 | 2010-11 | |
| Alan Miller | 5% or greater indirect ownership interest | 87 | 2024-03 | |
| James Coleman | contracted managing employee | 50 | 2010-11 | |
| Matthew Peterson | corporate director | 33 | 2019-09 | |
| Steve Filton | corporate director | 33 | 2019-09 | |
| Thomas Day | corporate director | 33 | 2021-07 | |
| Bradley Smith | contracted managing employee | 2022-05 | ||
| Bradley Smith | corporate officer | 2022-05 | ||
| George Brunner | corporate officer | 2010-11 | ||
| Psychiatric Solutions Hospitals Llc | 5% or greater direct ownership interest | 2006-12 |
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 MS
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 |
|---|---|---|---|---|
| 2025-05-01 | State Of Mississippi-University Of... | Madison Hma Llc | Madison River Oaks Medical Center | 67 |
| 2024-02-01 | Northwest Miss Regional Medical Center | Delta Health System | Delta Health-Northwest Regional | 181 |
| 2023-05-01 | Tate County Hospital | Delta Health System | Highland Hills Medical Center | 15 |
| 2020-10-01 | Singing River Gulfport | Gpch-Gp, Inc. | Singing River Gulfport | 113 |
| 2019-11-01 | Memorial Hospital At Gulfport | Stone County Hospital, Inc | Memorial Hospital At Gulfport | 285 |
| 2019-01-01 | Monroe Health Services Inc | Amory Regional Medical Center Inc | Monroe Health Services Inc. | 95 |
| 2018-04-01 | Ochsner Medical Center - Hancock, Llc | Hancock Medical Center | Ochsner Med Ctr - Hancock | 41 |