Atrium Health Stanly
Albemarle, Stanly County, NC
· CCN 340119
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
16.0
rank score
Distress
35
FY2023
Fit
70
vs thesis
Estimated ticket
$48.5M–$194M
97 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- under 30 days cash on hand
- occupancy 30-45%
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- thin occupancy
- government-owned — public process likely
- changed ownership 2025-07-01 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $119M |
| Operating margin | 15.5% |
| Total margin | 17.1% |
| Days cash on hand | 0 |
| Current ratio | 68.64 |
| Occupancy | 43% |
Facility
| Beds | 97 |
| Facility type | STH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 97 | $93.3M | $26.8M | 12.9% | 24.8% | 0 | 29.37 | 37% | 3,409 | 28 |
| 2021 | 97 | $115M | $33.6M | 19.3% | 26.6% | 0 | 47.44 | 49% | 3,829 | 24 |
| 2022 | 97 | $113M | $17.7M | 12.9% | 15.2% | 0 | 54.55 | 48% | 3,674 | 24 |
| 2023 | 97 | $119M | $20.7M | 15.5% | 17.1% | 0 | 68.64 | 43% | 3,835 | 35 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| The Charlotte-Mecklenburg Hospital Authority | 5% or greater direct ownership interest | 100 | 2025-03 | chain |
| Adrienne Purdue | corporate director | 2025-05 | ||
| Advocate Health Inc | operational/managerial control | 2025-03 | ||
| Amanda Houser | corporate director | 2025-05 | ||
| Angelique Vincent-Hamacher | corporate director | 2025-05 | ||
| Atrium Health Inc | 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 | ||
| Marietta Abernathy | w-2 managing employee | 2025-07 | ||
| 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 |
Showing 25 of 32. Full list via /api/targets/340119.
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 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.
| 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 |