Musc Health Marion Medical Center
dba Musc Health Marion Medical Center ·
Mullins, Marion County, SC
· CCN 420055
Licensed to Medical University Hospital Authority
Composite
48.7
rank score
Distress
70
FY2024
Fit
43
vs thesis
Estimated ticket
$2.5M–$5.0M
36 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- 60-90 days cash on hand
- current ratio under 1.5
- liabilities exceed assets
- occupancy below 30%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $33.4M |
| Operating margin | -12.9% |
| Total margin | -9.4% |
| Days cash on hand | 62 |
| Current ratio | 1.01 |
| Occupancy | 26% |
Facility
| Beds | 36 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 36 | $36.8M | $-6.2M | -26.8% | -15.4% | 0 | -0.72 | 86% | 1,921 | 91 |
| 2022 | 36 | $33.1M | $-2.1M | -31.2% | -5.0% | 0 | 0.45 | 69% | 1,541 | 87 |
| 2023 | 36 | $33.8M | $-6.8M | -22.8% | -19.4% | 12 | 1.01 | 46% | 1,285 | 83 |
| 2024 | 36 | $33.4M | $-3.2M | -12.9% | -9.4% | 62 | 1.01 | 26% | 1,075 | 70 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Douglas Lischke | w-2 managing employee | 100 | 2024-12 | |
| Barbara Johnson Williams | corporate director | 2026-01 | ||
| Bartlett Witherspoon | corporate director | 2026-01 | ||
| Charles Castles | corporate director | 2026-01 | ||
| Charles Schulze | corporate director | 2026-01 | ||
| Donald Johnson | corporate director | 2026-01 | ||
| George Smith | corporate director | 2026-01 | ||
| Henry Butehorn | corporate director | 2026-01 | ||
| James Battle | corporate director | 2026-01 | ||
| James Lemon | corporate director | 2026-01 | ||
| Karyn Rae | corporate director | 2019-03 | ||
| Medical University Of South Carolina | operational/managerial control | 2019-03 | ||
| Michael Stavrinakis | corporate director | 2026-01 | ||
| Patrick Cawley | corporate officer | 2019-03 | ||
| Paul Davis | corporate director | 2026-01 | ||
| Richard Christian | corporate director | 2026-01 | ||
| Sonya Floyd | w-2 managing employee | 2019-03 | ||
| Terri Barnes | corporate director | 2026-01 | ||
| Thomas Stephenson | corporate director | 2026-01 | ||
| William Brown | corporate director | 2026-01 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2019-03-01 | change of ownership | Medical University Hospital Authority | Qhg Of South Carolina Inc |
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 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 |