Carolina Center
dba Carolina Center For Behavioral Health ·
Greer, Greenville County, SC
· CCN 424010
Licensed to Uhs Of Greenville, Llc
Composite
54.8
rank score
Distress
42
FY2023
Fit
85
vs thesis
Estimated ticket
$42.9M–$172M
156 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
- part of a multi-hospital chain — divestiture candidate
- 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 | $29.3M |
| Operating margin | 13.2% |
| Total margin | 13.3% |
| Days cash on hand | 0 |
| Current ratio | -0.03 |
| Occupancy | 63% |
Facility
| Beds | 156 |
| 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 | 156 | $27.6M | $8.6M | 27.6% | 30.1% | 0 | -0.02 | 71% | 4,065 | 36 |
| 2021 | 156 | $26.8M | $4.9M | 18.2% | 18.4% | 0 | -0.03 | 65% | 4,510 | 36 |
| 2022 | 156 | $28.8M | $5.7M | 19.7% | 19.8% | 0 | -0.03 | 65% | 4,844 | 36 |
| 2023 | 156 | $29.3M | $3.9M | 13.2% | 13.3% | 0 | -0.03 | 63% | 4,643 | 42 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cheryl Ramagano | corporate officer | 100 | 2000-06 | |
| George Brunner | corporate officer | 100 | 2000-06 | |
| Katharine Lyver | corporate officer | 100 | 2024-01 | |
| Matthew Klein | corporate officer | 100 | 2010-10 | |
| Matthew Peterson | corporate officer | 100 | 2019-09 | |
| Matthew Peterson | operational/managerial control | 100 | 2019-09 | |
| Steve Filton | corporate officer | 100 | 2000-06 | |
| Steve Filton | operational/managerial control | 100 | 2000-06 | |
| Thomas Day | corporate officer | 100 | 2021-07 | |
| Uhs Of Delaware Inc | operational/managerial control | 100 | 2000-06 | chain |
| Alan Miller | 5% or greater indirect ownership interest | 87 | 2024-03 | |
| James Coleman | contracted managing employee | 50 | 2000-06 | |
| Matthew Peterson | corporate director | 33 | 2019-09 | |
| Steve Filton | corporate director | 33 | 2000-06 | |
| Thomas Day | corporate director | 33 | 2021-07 | |
| Douglas Burrell | contracted managing employee | 2021-03 | ||
| Douglas Burrell | corporate officer | 2021-03 | ||
| Timothy Haubrock | contracted managing employee | 2025-03 | ||
| Timothy Haubrock | corporate officer | 2025-03 | ||
| Universal Health Services Inc | 5% or greater direct ownership interest | 2010-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.