dealflow
envelope $200M

← Targets

Atrium Health Anson

Wadesboro, Anson County, NC · CCN 340084
Licensed to Atrium Health Hospitals Inc

Already transacted. CMS recorded an ownership change effective 2025-07-01. Confirm the current owner before spending a call on this.
Composite
14.8
rank score
Distress
50
FY2023
Fit
45
vs thesis
Estimated ticket
$6.4M–$25.5M
15 beds · within envelope
Ownership
government
STH

Why it ranks here

  • under 30 days cash on hand
  • current ratio below 0.8
  • occupancy below 30%
  • margin deteriorating sharply
  • part of a multi-hospital chain — divestiture candidate
  • urban — higher occupancy and iteration surface
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • government-owned — public process likely
  • changed ownership 2025-07-01 — likely already transacted

Latest financials · FY2023

Net patient revenue$29.3M
Operating margin 19.4%
Total margin 20.9%
Days cash on hand 0
Current ratio -10.07
Occupancy26%

Facility

Beds15
Facility typeSTH
Settingurban
Ownership classgovernment
Per-bed (low) $425K
Per-bed (high) $1.7M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 15 $20.2M $7.3M 3.0% 27.3% 0 -57.99 24% 450 44
2021 15 $22.5M $3.1M 5.4% 12.8% 0 -30.33 34% 609 41
2022 15 $23.8M $1.4M 4.5% 6.0% 0 -46.08 36% 528 41
2023 15 $29.3M $6.2M 19.4% 20.9% 0 -10.07 26% 497 50

Owners

OwnerRole%SinceType
The Charlotte-Mecklenburg Hospital Authority
Charlotte, NC
5% or greater direct ownership interest 100 2025-03 chain
Adrienne Purdue corporate director 2025-05
Advocate Health Inc
Charlotte, NC
operational/managerial control 2025-03
Amanda Houser corporate director 2025-05
Angelique Vincent-Hamacher corporate director 2025-05
Atrium Health Inc
Charlotte, NC
operational/managerial control 2025-03
Bradley Clark corporate officer 2025-03
Brett Denton corporate officer 2025-03
Carl Herring corporate director 2025-05
Charles Bowman corporate director 2025-05
David Danzie corporate director 2025-05
Felicia Allen corporate director 2025-05
Gary Gragg corporate director 2025-05
Hal Levinson corporate director 2025-05
Kenneth Davis corporate director 2025-05
Kenneth Haynes corporate director 2025-05
Lucia Griffith corporate director 2025-05
Luther Kissam corporate director 2025-05
Luther Lockwood corporate director 2025-05
Mark Reed corporate director 2025-05
Marshall Carlson corporate director 2025-05
Michael Rucker corporate director 2025-05
Nancy Gritter corporate director 2025-05
Richard Williams corporate director 2025-05
Rodney Ball operational/managerial control 2025-07

Showing 25 of 32. Full list via /api/targets/340084.

Ownership changes

DateTypeBuyerSeller
2025-07-01 change of ownership Atrium Health Hospitals Inc The Charlotte-Mecklenburg...

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