Firsthealth Moore Regional Hospital
Pinehurst, Moore County, NC
· CCN 340115
Licensed to Firsthealth Of The Carolinas Inc
Composite
35.6
rank score
Distress
23
FY2023
Fit
63
vs thesis
Estimated ticket
$41.2M–$82.4M
412 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- margin slipping
- rural — cheaper but limited density
- very large — likely out of range
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $907M |
| Operating margin | 9.2% |
| Total margin | 15.7% |
| Days cash on hand | 14 |
| Current ratio | 5.40 |
| Occupancy | 67% |
Facility
| Beds | 412 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | 412 | $696M | $137M | 9.0% | 16.6% | 38 | 1.91 | 67% | 22,785 | 17 |
| 2021 | 412 | $778M | $192M | 10.6% | 20.3% | 57 | 2.43 | 71% | 21,914 | 17 |
| 2022 | 412 | $814M | $-34.4M | 8.8% | -4.5% | 29 | 3.42 | 69% | 20,522 | 34 |
| 2023 | 412 | $907M | $166M | 9.2% | 15.7% | 14 | 5.40 | 67% | 20,903 | 23 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Firsthealth Of The Carolinas Inc | 5% or greater direct ownership interest | 100 | 2007-12 | |
| Anna Hollers | corporate director | 2013-03 | ||
| Anna Hollers | operational/managerial control | 2013-03 | ||
| Billy Tatum | corporate officer | 2021-07 | ||
| Billy Tatum | w-2 managing employee | 2021-07 | ||
| Brian Canfield | corporate officer | 2012-09 | ||
| Brian Canfield | w-2 managing employee | 2012-09 | ||
| Bruce Solomon | corporate director | 2013-03 | ||
| Bruce Solomon | operational/managerial control | 2013-03 | ||
| Carla Williams | corporate director | 2007-12 | ||
| Carolyn Helms | corporate director | 2007-12 | ||
| Carolyn Helms | operational/managerial control | 2013-03 | ||
| David Cowherd | corporate director | 2013-03 | ||
| David Cowherd | operational/managerial control | 2013-03 | ||
| David Hipp | corporate director | 2013-03 | ||
| David Hipp | operational/managerial control | 2013-03 | ||
| David Martin | corporate director | 2007-12 | ||
| David Woronoff | corporate director | 2013-03 | ||
| David Woronoff | operational/managerial control | 2013-03 | ||
| Howard Warren | corporate director | 2007-12 | ||
| Joel Shriberg | corporate director | 2007-12 | ||
| Joel Shriberg | operational/managerial control | 2013-03 | ||
| John Ellis | corporate director | 2013-03 | ||
| John Ellis | operational/managerial control | 2013-03 | ||
| Julian King | corporate director | 2007-12 |
Showing 25 of 45. Full list via /api/targets/340115.
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 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 |