Swain County Hospital
Bryson City, Swain County, NC
· CCN 341305
Licensed to Dlp Swain County Hospital Llc
Composite
35.9
rank score
Distress
32
FY2024
Fit
49
vs thesis
Estimated ticket
$2.0M–$4.1M
24 beds ·
within envelope
Ownership
for-profit
CAH
Why it ranks here
- under 30 days cash on hand
- liabilities exceed assets
- occupancy 45-60%
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $20.0M |
| Operating margin | 3.3% |
| Total margin | 4.0% |
| Days cash on hand | 0 |
| Current ratio | 2.82 |
| Occupancy | 48% |
Facility
| Beds | 24 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | for-profit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 24 | $15.0M | $-643K | -3.9% | -4.3% | 0 | 0.48 | 42% | 68 | 80 |
| 2022 | 24 | $16.4M | $423K | -2.6% | 2.5% | 0 | 0.85 | 35% | 187 | 63 |
| 2023 | 24 | $16.9M | $2.0M | -2.7% | 10.4% | 0 | 2.21 | 40% | 43 | 54 |
| 2024 | 24 | $20.0M | $804K | 3.3% | 4.0% | 0 | 2.82 | 48% | 26 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Dlp Healthcare Llc | 5% or greater direct ownership interest | 100 | 2014-08 | |
| Dlp Partner Llc | 5% or greater indirect ownership interest | 97 | 2014-06 | |
| Dlp Partner Llc | operational/managerial control | 97 | 2014-08 | |
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 97 | 2018-11 | |
| Historic Lifepoint Hospitals, Llc | 5% or greater indirect ownership interest | 97 | 2014-08 | |
| Legacy Lifepoint Health Llc | 5% or greater indirect ownership interest | 97 | 2014-08 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 97 | 2018-11 | chain |
| Lifepoint Holdings 2 Llc | 5% or greater indirect ownership interest | 97 | 2014-08 | |
| Lifepoint Hospitals Holdings Llc | 5% or greater indirect ownership interest | 97 | 2014-08 | |
| Charlotte Lawrence | corporate officer | 2022-03 | ||
| Christopher Monte | corporate officer | 2014-06 | ||
| 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.
| 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 |