dealflow
envelope $200M

← Targets

Ph Baptist Easley Hospital

dba Prisma Health Baptist Easley Hospital O/p Therapy Services · Easley, Pickens County, SC · CCN 420015
Licensed to Prisma Health-Upstate

Composite
45.2
rank score
Distress
31
FY2023
Fit
78
vs thesis
Estimated ticket
$37.0M–$148M
74 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • total margin -8% to -3%
  • under 30 days cash on hand
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$119M
Operating margin 15.6%
Total margin -4.1%
Days cash on hand 0
Current ratio 42.37
Occupancy69%

Facility

Beds74
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 59 $79.3M $-4.6M -13.1% -5.4% 0 4.18 50% 2,371 64
2021 59 $119M $13.6M 11.4% 11.4% 0 1.84 89% 3,810 22
2022 64 $118M $4.6M 19.6% 3.8% 0 39.08 98% 4,269 22
2023 74 $119M $-4.9M 15.6% -4.1% 0 42.37 69% 4,721 31

Owners

OwnerRole%SinceType
Kristi Lawrence corporate director 100 2020-04
Polly Miller corporate officer 100 2020-03
Prisma Health-Upstate
Greenville, SC
5% or greater direct ownership interest 100 2018-10
Prisma Health-Upstate
Greenville, SC
operational/managerial control 100 2018-10
Kristi Lawrence w-2 managing employee 2020-04
Polly Miller w-2 managing employee 2020-03
Polly Miller operational/managerial control 2020-03

Ownership changes

DateTypeBuyerSeller
2018-10-01 change of ownership Prisma Health-Upstate Baptist Easley Hospital

Who has been buying in SC

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2025-10-01 Prisma Health-Midlands Prisma Health Tuomey Prisma Health Tuomey Hospital 161
2024-02-01 East Cooper Medical Center Llc East Cooper Community Hospital, Inc. East Cooper Regional Medical Center 120
2024-02-01 Hilton Head Medical Center Llc Hilton Head Health System, L.p. Hilton Head Hospital 93
2024-01-31 South Carolina Coastal Medical Center Llc Coastal Carolina Medical Center Inc Coastal Carolina Medical Center 41
2021-08-01 Medical University Hospital Authority Kershaw Hospital Llc Musc Health Kershaw Medical Center 99
2021-08-01 Medical University Hospital Authority Providence Hospital Llc Musc Health Columbia Medical Center 332
2021-02-01 Lexington Health Inc Lexington County Health Services... Lexington Medical Center 541
2020-12-31 Mcleod Regional Medical Center Of... Mcleod Regional Medical Center Of... Mcleod Regional Medical Center 524
2019-03-01 Medical University Hospital Authority Chester Hma Llc Musc Health Chester Medical Center 16
2019-03-01 Medical University Hospital Authority Qhg Of South Carolina Inc Musc Health Florence Medical Center 187
2019-03-01 Medical University Hospital Authority Qhg Of South Carolina Inc Musc Health Marion Medical Center 36
2019-01-01 Spartanburg Medical Center Mary Black Health System Llc Spartanburg Regional Medical Center 626
2019-01-01 Cherokee Medical Center Gaffney Hma Llc Cherokee Medical Center 24
2018-10-01 Prisma Health-Upstate Baptist Easley Hospital Ph Baptist Easley Hospital 74
2016-10-01 Prisma Health-Upstate Greenville Health System Ph Hillcrest Hospital 43