Southern Tn Lawrenceburg Hospital
dba Southern Tennessee Regional Health System Lawrenceburg ·
Lawrenceburg, Lawrence County, TN
· CCN 440175
Licensed to Crockett Hospital Llc
Composite
37.2
rank score
Distress
31
FY2023
Fit
58
vs thesis
Estimated ticket
$8.9M–$17.8M
89 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- current ratio under 1.5
- occupancy below 30%
- rural — cheaper but limited density
- bed count in the target band
- 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 | $56.5M |
| Operating margin | 4.2% |
| Total margin | 5.0% |
| Days cash on hand | 1 |
| Current ratio | 1.49 |
| Occupancy | 18% |
Facility
| Beds | 89 |
| Facility type | STH |
| Setting | rural |
| Ownership class | for-profit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 89 | $45.3M | $2.0M | -0.7% | 4.1% | 0 | 0.72 | 22% | 1,629 | 60 |
| 2021 | 89 | $50.8M | $4.7M | 2.9% | 8.7% | 0 | 2.20 | 22% | 1,417 | 31 |
| 2022 | 89 | $48.3M | $-53.5K | -2.4% | -0.1% | 0 | 2.17 | 20% | 1,532 | 54 |
| 2023 | 89 | $56.5M | $2.9M | 4.2% | 5.0% | 1 | 1.49 | 18% | 1,548 | 31 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 100 | 2018-11 | |
| Historic Lifepoint Hospitals, Llc | 5% or greater indirect ownership interest | 100 | 1999-02 | |
| Legacy Lifepoint Health Llc | 5% or greater indirect ownership interest | 100 | 2022-02 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 100 | 2018-11 | |
| Lifepoint Holdings 2 Llc | 5% or greater direct ownership interest | 100 | 1999-01 | |
| Lifepoint Hospitals Holdings Llc | 5% or greater indirect ownership interest | 100 | 1999-02 | |
| Charlotte Lawrence | corporate officer | 2022-01 | ||
| Christopher Monte | corporate officer | 2005-07 | ||
| Daniel Davis | corporate officer | 2019-06 | ||
| Eric Perry | operational/managerial control | 2025-01 | ||
| John Grooms | corporate officer | 2016-11 | ||
| Lifepoint Corporate Services General Partnership | operational/managerial control | 2015-01 | ||
| Marcus Poppell | corporate officer | 2009-11 | ||
| Marcus Poppell | other | 1999-02 | ||
| William Haugh | corporate officer | 2022-01 |
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 |