Brynn Marr Hospital
Jacksonville, Onslow County, NC
· CCN 344016
Licensed to Brynn Marr Hospital, Inc.
Composite
68.7
rank score
Distress
78
FY2024
Fit
84
vs thesis
Estimated ticket
$16.2M–$64.7M
84 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current liabilities exceed current assets
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $20.9M |
| Operating margin | -24.0% |
| Total margin | -24.1% |
| Days cash on hand | 0 |
| Current ratio | 0.93 |
| Occupancy | 73% |
Facility
| Beds | 84 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $192K |
| Per-bed (high) | $770K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 84 | $19.6M | $2.9M | 13.0% | 14.6% | 0 | -0.09 | 79% | 1,841 | 36 |
| 2022 | 84 | $19.7M | $2.9M | 11.3% | 14.4% | 0 | -0.10 | 75% | 1,523 | 36 |
| 2023 | 84 | — | $-20.6M | — | — | — | — | 74% | 1,537 | — |
| 2024 | 84 | $20.9M | $-5.0M | -24.0% | -24.1% | 0 | 0.93 | 73% | 1,721 | 78 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cheryl Ramagano | corporate officer | 100 | 2010-11 | |
| George Brunner | corporate officer | 100 | 2010-11 | |
| Katharine Lyver | corporate officer | 100 | 2024-01 | |
| Matthew Klein | corporate officer | 100 | 2010-11 | |
| Matthew Peterson | corporate officer | 100 | 2019-09 | |
| Matthew Peterson | operational/managerial control | 100 | 2019-09 | |
| Psychiatric Solutions, Inc. | 5% or greater indirect ownership interest | 100 | 2003-06 | |
| Steve Filton | corporate officer | 100 | 2010-11 | |
| Steve Filton | operational/managerial control | 100 | 2010-11 | |
| Thomas Day | corporate officer | 100 | 2021-07 | |
| Uhs Of Delaware Inc | operational/managerial control | 100 | 2010-11 | |
| Universal Health Services Inc | 5% or greater indirect ownership interest | 100 | 2010-11 | |
| Alan Miller | 5% or greater indirect ownership interest | 87 | 2024-03 | |
| Matthew Peterson | corporate director | 33 | 2019-09 | |
| Steve Filton | corporate director | 33 | 2010-11 | |
| Thomas Day | corporate director | 33 | 2021-07 | |
| Kyle Kovacevich | contracted managing employee | 2024-10 | ||
| Kyle Kovacevich | corporate officer | 2024-10 | ||
| Luis Betances Jimenez | contracted managing employee | 2024-09 | ||
| Luis Betances Jimenez | corporate officer | 2024-09 | ||
| Premier Behavioral Solutions, Inc. | 5% or greater direct ownership interest | 2007-10 |
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 | Iredell Memorial Hospital Incorporated | Statesville Hma Llc | Davis Regional Medical Center | 17 |