dealflow
envelope $200M

← Targets

Harris Psychiatric Hospital

dba Patrick B Harris Psychiatric Hospital · Columbia, Richland County, SC · CCN 424011
Licensed to South Carolina Dept Of Mental Health Accounting Office

Composite
54.8
rank score
Distress
55
FY2024
Fit
75
vs thesis
Estimated ticket
$22.9M–$91.6M
98 beds · within envelope
Ownership
government
PH

Why it ranks here

  • operating margin below -10%
  • total margin negative
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • bed count in the target band
  • ticket size somewhat below the envelope
  • strong occupancy — good iteration surface
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$18.3M
Operating margin -77.1%
Total margin -1.1%
Days cash on hand
Current ratio
Occupancy99%

Facility

Beds98
Facility typePH
Settingurban
Ownership classgovernment
Per-bed (low) $234K
Per-bed (high) $935K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 116 $14.1M $-756K -93.9% -2.8% 84% 192 67
2022 111 $13.9M $243K -91.1% 0.9% 79% 87 58
2023 98 $16.7M $-406K -84.8% -1.3% 97% 81 67
2024 98 $18.3M $-352K -77.1% -1.1% 99% 91 55

Owners

OwnerRole%SinceType
Allen Mceniry 5% or greater indirect ownership interest 2016-07
Allen Mceniry corporate director 2016-07
Robert Bank corporate director 2016-04
South Carolina Dept Of Mental Health Accounting Office
Anderson, SC
5% or greater direct ownership interest 2016-09
South Carolina Dept Of Mental Health Accounting Office
Anderson, SC
operational/managerial control 1986-12
Tracy Turner w-2 managing employee 2016-05
Versie Bellamy corporate director 2016-09
Versie Bellamy w-2 managing employee 2016-09

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.