dealflow
envelope $200M

← Targets

Anmed Health

dba Anmed · Anderson, Anderson County, SC · CCN 420027
Licensed to Anmed Health

Composite
37.2
rank score
Distress
25
FY2023
Fit
65
vs thesis
Estimated ticket
$184M–$734M
367 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin under 2%
  • 60-90 days cash on hand
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • large — ticket likely stretches the envelope
  • ticket size well above the envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$631M
Operating margin 0.6%
Total margin 2.5%
Days cash on hand 88
Current ratio 2.09
Occupancy72%

Facility

Beds367
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 367 $728M $73.8M 26.9% 9.0% 103 1.97 62% 16,231 4
2021 367 $594M $26.0M 1.4% 4.3% 61 1.38 65% 17,451 20
2022 367 $597M $6.0M -2.3% 1.0% 13 1.22 80% 17,249 44
2023 367 $631M $16.1M 0.6% 2.5% 88 2.09 72% 22,145 25

Owners

OwnerRole%SinceType
Alison Youngblood corporate director 2024-01
Clark Anderson corporate director 2017-01
Donald Dehay corporate director 2023-01
Emily Deroberts corporate director 2021-01
Evans Whitaker corporate director 2017-01
Frank Hughes corporate director 2025-01
George Acker corporate director 2016-01
Leander Cannick corporate director 2023-01
Luis Martinez corporate director 2024-01
Marilyn Yeske corporate director 2023-01
Matthew Cline corporate director 2026-01
Stephen Grigsby corporate director 2025-05
Stephen Grigsby w-2 managing employee 2025-05
Syed Malik corporate director 2018-01
Tara Drew corporate director 2024-01
Terence Roberts corporate director 2017-01
William Kenley corporate officer 2020-09
William Kenley corporate director 2020-09
William Kenley w-2 managing employee 2020-09

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 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