Midlands Behavioral Health Hospital
Sumter, Sumter County, SC
· CCN 424015
Licensed to Sumter Behavioral Health Llc
Composite
68.6
rank score
Distress
100
FY2023
Fit
59
vs thesis
Estimated ticket
$6.2M–$24.6M
32 beds ·
within envelope
Ownership
for-profit
PH
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 below 30%
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $875K |
| Operating margin | -277.6% |
| Total margin | -277.4% |
| Days cash on hand | 6 |
| Current ratio | 0.77 |
| Occupancy | 17% |
Facility
| Beds | 32 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $192K |
| Per-bed (high) | $770K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 32 | $875K | $-2.4M | -277.6% | -277.4% | 6 | 0.77 | 17% | 98 | 100 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Hunt Valley Holdings Llc | 5% or greater indirect ownership interest | 100 | 2022-10 | |
| Murray Forman | 5% or greater indirect ownership interest | 100 | 2022-10 | |
| Thi Of Baltimore, Inc. | 5% or greater indirect ownership interest | 100 | 2022-10 | |
| Thi Of South Carolina, Llc | 5% or greater direct ownership interest | 100 | 2022-10 | |
| Vanese Griffin | corporate officer | 2025-04 | ||
| Vanese Griffin | w-2 managing employee | 2025-04 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.