East Carolina Health-Bertie
dba Ecu Health Bertie Hospital ·
Windsor, Bertie County, NC
· CCN 341304
Licensed to East Carolina Health-Bertie
Composite
18.1
rank score
Distress
2
FY2023
Fit
43
vs thesis
Estimated ticket
$510K–$1.0M
6 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- occupancy 45-60%
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $24.5M |
| Operating margin | 13.2% |
| Total margin | 16.1% |
| Days cash on hand | 206 |
| Current ratio | 4.86 |
| Occupancy | 54% |
Facility
| Beds | 6 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 6 | $19.9M | $903K | 9.6% | 4.2% | 214 | 2.48 | 61% | 365 | 0 |
| 2021 | 6 | $22.3M | $1.4M | 14.3% | 5.9% | 240 | 4.05 | 52% | 298 | 2 |
| 2022 | 6 | $19.5M | $162K | -3.4% | 0.8% | 186 | 4.23 | 50% | 282 | 21 |
| 2023 | 6 | $24.5M | $4.1M | 13.2% | 16.1% | 206 | 4.86 | 54% | 305 | 2 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Andrew Zukowski | corporate officer | 2022-12 | ||
| Angela Allen | corporate director | 2024-03 | ||
| Antoine Khoury | corporate director | 2026-03 | ||
| Brian Harvill | corporate officer | 2018-06 | ||
| Diane Taylor | corporate director | 2020-03 | ||
| Donald Smith | corporate officer | 2024-02 | ||
| East Carolina Health | other | 1996-12 | ||
| Ernest Evans | corporate director | 2021-03 | ||
| Marcus Albernaz | corporate director | 2012-04 | ||
| Michael Mclaughlin | corporate director | 2026-03 | ||
| Michael Waldrum | corporate director | 2015-06 | ||
| Michelle Taylor | corporate officer | 2021-10 | ||
| Todd Warlitner | corporate officer | 2018-03 | ||
| Todd Warlitner | w-2 managing employee | 2018-03 | ||
| University Health Systems Of Eastern Carolina, Inc. | other | 1998-11 |
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 |
|---|---|---|---|---|
| 2024-10-01 | Fletcher Hospital Inc | St. Luke's Hospital Inc | St Lukes Hospital | 25 |
| 2020-10-01 | Centennial Housing & Community... | Cah Acquisition Company 1 Llc | Cah #1 - Washington | 25 |
| 2019-02-01 | Mh Angel Medical Center, Lllp | Angel Medical Center Inc | Mh Angel Medical Center Lllp | 30 |
| 2019-02-01 | Mh Transylvania Regional Hospital, Lllp | Transylvania Community Hospital Inc | Transylvania Community Hospital | 25 |
| 2019-02-01 | Mh Blue Ridge Medical Center, Lllp | Blue Ridge Regional Hospital, Inc. | Blue Ridge Regional Hospital | 25 |
| 2019-02-01 | Mh Highlands-Cashiers Medical Center, Lllp | Highlands-Cashiers Hospital Inc | Highlands Cashiers Hospital | 24 |
| 2017-01-31 | Lifebrite Hospital Group Of Stokes Llc | Pioneer Health Services Of Stokes... | Lifebrite Comm Hosp Of Stokes | 25 |