Dyersburg Regional Medical Center
dba West Tennessee Healthcare Dyersburg Hospital ·
Dyersburg, Dyer County, TN
· CCN 440072
Licensed to Dyersburg Health
Composite
64.2
rank score
Distress
93
FY2024
Fit
56
vs thesis
Estimated ticket
$7.6M–$15.3M
109 beds ·
within envelope
Ownership
government
STH
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 30-45%
- margin deteriorating
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- thin occupancy
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $60.3M |
| Operating margin | -12.5% |
| Total margin | -11.8% |
| Days cash on hand | 2 |
| Current ratio | 0.14 |
| Occupancy | 31% |
Facility
| Beds | 109 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 109 | $53.7M | $-4.1M | -11.9% | -7.3% | 4 | 0.20 | 42% | 3,077 | 92 |
| 2022 | 109 | $53.3M | $-3.4M | -16.5% | -5.9% | 2 | 0.16 | 38% | 2,890 | 92 |
| 2023 | 109 | $51.6M | $-10.1M | -20.2% | -19.4% | 7 | 0.13 | 33% | 2,627 | 97 |
| 2024 | 109 | $60.3M | $-7.2M | -12.5% | -11.8% | 2 | 0.14 | 31% | 2,749 | 93 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Dyersburg Health | 5% or greater direct ownership interest | 100 | 2018-06 | |
| Dyersburg Health | operational/managerial control | 50 | 2018-06 | |
| Jackson Madison County General Hospital | 5% or greater direct ownership interest | 50 | 2018-06 | |
| Jackson Madison County General Hospital | operational/managerial control | 50 | 2018-06 | |
| Charlotte Burch | corporate director | 2013-04 | ||
| Curtis Mansfield | corporate director | 1997-04 | ||
| Danny Wheeler | corporate director | 2013-06 | ||
| Gregory Milam | corporate director | 2010-04 | ||
| Jeffrey Blankenship | corporate officer | 2009-10 | ||
| Phil Bryant | corporate director | 2007-08 | ||
| Tina Prescott | corporate officer | 2024-09 | ||
| Tina Prescott | w-2 managing employee | 2024-09 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
Who has been buying in TN
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2024-10-01 | West Tennessee Healthcare Henry County | Henry County Medical Center | Henry County Medical Center | 33 |
| 2024-08-01 | Bradley Medical Center Llc | Cleveland Tennessee Hospital Company Llc | Skyridge Medical Center | 176 |
| 2023-07-01 | Erlanger Health | Chattanooga Hamilton County... | Erlanger Medical Center | 662 |
| 2022-07-01 | Hh Health System - Lincoln Inc | Lincoln Medical Center | Lincoln Medical Center | 47 |
| 2021-09-01 | Springfield Health Services, Llc | Northcrest Medical Center | Northcrest Medical Center | 109 |
| 2021-01-01 | Vanderbilt Coffee Hospital Llc | Tullahoma Hma Llc | Vanderbilt Tullahoma-Harton Hospital | 76 |
| 2021-01-01 | Vanderbilt Bedford Hospital Llc | Shelbyville Hospital Company Llc | Vanderbilt Bedford County Hospital | 24 |
| 2019-08-01 | Vanderbilt University Medical Center | Lebanon Hma Llc | Vanderbilt Wilson County Hospital | 117 |
| 2016-04-30 | Vanderbilt University Medical Center | Vanderbilt University | Vanderbilt University Medical Center | 1,084 |