Three River Ctr For Behav Health
dba Three Rivers Behavioral Health ·
West Columbia, Lexington County, SC
· CCN 424008
Licensed to Three Rivers Behavioral Health Llc
Composite
52.9
rank score
Distress
42
FY2023
Fit
85
vs thesis
Estimated ticket
$36.3M–$145M
132 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $21.7M |
| Operating margin | 4.4% |
| Total margin | 4.4% |
| Days cash on hand | 0 |
| Current ratio | -0.32 |
| Occupancy | 78% |
Facility
| Beds | 132 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $275K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 122 | $21.0M | $3.6M | 14.8% | 16.7% | 0 | -0.13 | 79% | 4,226 | 36 |
| 2021 | 122 | $19.8M | $1.6M | 7.6% | 7.9% | 0 | -0.17 | 74% | 3,827 | 36 |
| 2022 | 122 | — | $-25.1M | — | — | — | — | 77% | 3,829 | — |
| 2023 | 132 | $21.7M | $961K | 4.4% | 4.4% | 0 | -0.32 | 78% | 4,571 | 42 |
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 | |
| Premier Behavioral Solutions, Inc. | 5% or greater indirect ownership interest | 100 | 2007-01 | |
| Psychiatric Solutions, Inc. | 5% or greater indirect ownership interest | 100 | 2007-01 | |
| 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 | 2023-03 | |
| James Coleman | contracted managing employee | 50 | 2013-10 | |
| Matthew Peterson | corporate director | 33 | 2019-09 | |
| Thomas Day | corporate director | 33 | 2021-07 | |
| Steve Filton | corporate director | 33 | 2010-11 | |
| Christoper Jensen | contracted managing employee | 2020-01 | ||
| Christoper Jensen | corporate officer | 2020-01 | ||
| Shannon Morales | contracted managing employee | 2020-01 | ||
| Shannon Morales | corporate officer | 2020-01 | ||
| Three Rivers Healthcare Group Llc | 5% or greater direct ownership interest | 2007-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.