dealflow
envelope $200M

← Targets

Harris Regional Hospital

dba Harris Regional Hospital · Sylva, Jackson County, NC · CCN 340016
Licensed to Dlp Harris Regional Hospital Llc

Composite
33.7
rank score
Distress
25
FY2024
Fit
56
vs thesis
Estimated ticket
$8.2M–$16.4M
82 beds · within envelope
Ownership
for-profit
STH

Why it ranks here

  • under 30 days cash on hand
  • occupancy 30-45%
  • rural — cheaper but limited density
  • bed count in the target band
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • for-profit — no charitable conversion review

Latest financials · FY2024

Net patient revenue$142M
Operating margin 4.4%
Total margin 7.0%
Days cash on hand 0
Current ratio 1.89
Occupancy38%

Facility

Beds82
Facility typeSTH
Settingrural
Ownership classfor-profit
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 82 $120M $8.3M 3.5% 6.7% 0 1.15 45% 2,582 28
2022 82 $118M $1.0M -2.3% 0.9% 0 1.79 43% 2,469 47
2023 82 $113M $-2.7M -6.1% -2.3% 1 1.60 39% 2,167 58
2024 82 $142M $10.3M 4.4% 7.0% 0 1.89 38% 2,253 25

Owners

OwnerRole%SinceType
Dlp Healthcare Llc
Brentwood, TN
5% or greater direct ownership interest 100 2014-06
Dlp Partner Llc
Brentwood, TN
5% or greater indirect ownership interest 97 2014-06
Dsb Acquisition Llc
New York, NY
5% or greater indirect ownership interest 97 2018-11
Historic Lifepoint Hospitals, Llc
Brentwood, TN
5% or greater indirect ownership interest 97 2014-06
Legacy Lifepoint Health Llc
Brentwood, TN
5% or greater indirect ownership interest 97 2014-06
Lifepoint Health Inc
Brentwood, TN
5% or greater indirect ownership interest 97 2018-11
Lifepoint Holdings 2 Llc
Brentwood, TN
5% or greater indirect ownership interest 97 2014-06
Lifepoint Hospitals Holdings Llc
Brentwood, TN
5% or greater indirect ownership interest 97 2014-06
Charlotte Lawrence corporate officer 2022-03
Christopher Monte corporate officer 2014-06
Dlp Partner Llc
Brentwood, TN
operational/managerial control 2014-08
Elliott Brown corporate officer 2026-04
Elmer Polite corporate officer 2023-06
Marcus Poppell corporate officer 2018-11
William Hindman w-2 managing employee 2023-08

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 NC

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

DateBuyerSellerHospitalBeds
2026-02-01 Atrium Health Hospitals Inc The Charlotte-Mecklenburg Hospital... Atrium Health Lincoln 101
2026-02-01 Atrium Health Hospitals Inc The Charlotte-Mecklenburg Hospital... Atrium Health Cleveland 308
2025-07-01 Atrium Health Hospitals Inc The Charlotte-Mecklenburg Hospital... Atrium Health Stanly 97
2025-07-01 Atrium Health Hospitals Inc The Charlotte-Mecklenburg Hospital... Atrium Health Anson 15
2025-04-01 Duke Health Lake Norman Regional... Mooresville Hospital Management... Lake Norman Regional Medical Center 123
2024-03-02 North Carolina Baptist Hospital Davie Medical Center North Carolina Baptist Hospital 813
2021-10-01 Pitt County Memorial Hospital Inc East Carolina Health-Beaufort Inc Pitt County Memorial Hospital Inc 1,013
2021-10-01 American Healthcare Systems Llc Randolph Hospital, Inc. American Healthcare Systems 145
2021-02-01 Novant Health New Hanover Regional... New Hanover Regional Medical Center New Hanover Regional Medical Center 771
2019-02-01 Mh Mission Hospital, Lllp Mission Hospitals Inc. Mission Hospital Inc 717
2019-02-01 Mh Mission Hospital Mcdowell, Lllp The Mcdowell Hospital Inc The Mcdowell Hospital 33
2019-01-01 The Charlotte-Mecklenburg Hospital... Mercy Hospital Inc Atrium Health Pineville 352
2018-01-01 Unc Rockingham Health Care Inc Morehead Memorial Hospital Unc Rockingham Hospital 108