dealflow
envelope $200M

← Targets

Vibra Hospital Of Charleston Llc

Mt. Pleasant, Charleston County, SC · CCN 422005
Licensed to Charleston-Amg Specialty Hospital Inc

Already transacted. CMS recorded an ownership change effective 2025-01-01. Confirm the current owner before spending a call on this.
Composite
23.9
rank score
Distress
94
FY2024
Fit
65
vs thesis
Estimated ticket
$12.4M–$49.6M
59 beds · within envelope
Ownership
for-profit
LTCH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • occupancy 45-60%
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • LTCH — distress here is a payment-model artifact
  • bed count in the target band
  • small ticket — deploys little of the available capital
  • moderate occupancy
  • for-profit — no charitable conversion review
  • changed ownership 2025-01-01 — likely already transacted

Latest financials · FY2024

Net patient revenue$16.0M
Operating margin -38.1%
Total margin -36.6%
Days cash on hand 0
Current ratio 0.14
Occupancy59%

Facility

Beds59
Facility typeLTCH
Settingurban
Ownership classfor-profit
Per-bed (low) $210K
Per-bed (high) $840K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 59 $21.7M $-400K -4.8% -1.8% 0 0.22 68% 438 70
2022 59 $22.2M $-249K -9.4% -1.0% 0 0.23 67% 413 77
2023 59 $17.6M $-4.6M -30.8% -25.2% 0 0.21 56% 381 93
2024 59 $16.0M $-5.9M -38.1% -36.6% 0 0.14 59% 325 94

Owners

OwnerRole%SinceType
Amg 4.0, Llc
Lafayette, LA
5% or greater direct ownership interest 100 2025-01
August Rantz 5% or greater indirect ownership interest 50 2025-01
August Rantz corporate officer 50 2025-01
Benjamin Miller corporate officer 50 2025-01
Dennis Bencomo contracted managing employee 50 2025-03
Rantz Iv Enterprises Llc
Lafayette, LA
5% or greater indirect ownership interest 50 2025-01
Timothy Howard corporate officer 50 2025-01
Benjamin Miller 5% or greater indirect ownership interest 25 2025-01
Jessica Mcgee corporate officer 25 2024-11
Timothy Howard 5% or greater indirect ownership interest 25 2025-01

Ownership changes

DateTypeBuyerSeller
2025-01-01 change of ownership Charleston-Amg Specialty Hospital Inc Vibra Hospital Of Charleston Llc

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
2025-01-01 Charleston-Amg Specialty Hospital Inc Vibra Hospital Of Charleston Llc Vibra Hospital Of Charleston Llc 59
2016-10-01 Prisma Health-Upstate Greenville Health System Ph N Greenville Lt Acute Care Hosp 44
2016-08-01 Continuecare Hospital At Palmetto... Intermedical Hospital Of South Carolina Continuecare Hosp At Palmetto Health 35