Tristar Centennial Medical Center
Nashville, Davidson County, TN
· CCN 440161
Licensed to Hca Health Services Of Tennessee, Inc
Composite
14.3
rank score
Distress
20
FY2023
Fit
67
vs thesis
Estimated ticket
$318M–$1.3B
635 beds ·
over envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- urban — higher occupancy and iteration surface
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $1.1B |
| Operating margin | 30.3% |
| Total margin | 31.2% |
| Days cash on hand | 0 |
| Current ratio | 2.50 |
| Occupancy | 67% |
Facility
| Beds | 635 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 641 | $946M | $291M | 30.6% | 30.7% | 0 | 2.68 | 64% | 27,448 | 22 |
| 2021 | 604 | $1.0B | $285M | 27.5% | 27.7% | 0 | 2.62 | 72% | 28,214 | 22 |
| 2022 | 598 | $992M | $231M | 23.0% | 23.2% | 0 | 2.72 | 71% | 25,784 | 22 |
| 2023 | 635 | $1.1B | $334M | 30.3% | 31.2% | 0 | 2.50 | 67% | 26,971 | 20 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Hca Healthcare Inc | 5% or greater indirect ownership interest | 100 | 2017-05 | |
| Hca Inc | 5% or greater indirect ownership interest | 100 | 2007-06 | |
| Healthserv Acquisition Llc | 5% or greater direct ownership interest | 100 | 2007-06 | |
| Healthtrust Inc - The Hospital Company | 5% or greater indirect ownership interest | 100 | 2007-06 | |
| Hercules Holding Ii | 5% or greater indirect ownership interest | 20 | 2016-09 | |
| Frisco Holding Ii | 5% or greater indirect ownership interest | 11 | 2016-09 | |
| Christopher Wyatt | corporate director | 2016-04 | ||
| Deborah Mullin | corporate officer | 2010-01 | ||
| Douglas Downey | corporate officer | 2014-04 | ||
| Eric Smith | contracted managing employee | 2021-03 | ||
| Henry Maxwell | corporate officer | 2024-01 | ||
| Jaime Derensis | corporate officer | 2020-11 | ||
| Jeffery Mcinturff | corporate officer | 2021-11 | ||
| John Franck | corporate director | 2007-06 | ||
| John Hackett | corporate officer | 2016-04 | ||
| John Starling | corporate officer | 2019-10 | ||
| Jon Foster | corporate officer | 2013-04 | ||
| Joseph Sowell | corporate officer | 2011-08 | ||
| Kevin Ball | corporate officer | 2014-04 | ||
| Michael Bray | corporate officer | 2010-01 | ||
| Michael Mcalevey | corporate officer | 2022-02 | ||
| Mitchell Edgeworth | corporate officer | 2021-01 | ||
| Monica Cintado | corporate officer | 2019-10 | ||
| Natalie Cline | corporate officer | 2013-04 | ||
| Samuel Hazen | corporate director | 2011-04 |
Showing 25 of 33. Full list via /api/targets/440161.
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 |