Vanderbilt Wilson County Hospital
Lebanon, Wilson County, TN
· CCN 440193
Licensed to Vanderbilt University Medical Center
Composite
56.4
rank score
Distress
48
FY2024
Fit
87
vs thesis
Estimated ticket
$58.5M–$234M
117 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio under 1.5
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $173M |
| Operating margin | -4.6% |
| Total margin | -4.5% |
| Days cash on hand | 0 |
| Current ratio | 1.07 |
| Occupancy | 62% |
Facility
| Beds | 117 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 107 | $94.8M | $-9.7M | -13.1% | -9.9% | 0 | -1.73 | 51% | 4,509 | 93 |
| 2022 | 107 | $122M | $-15.9M | -17.0% | -12.5% | 0 | -3.83 | 63% | 4,835 | 80 |
| 2023 | 113 | $159M | $-21.3M | -7.1% | -13.3% | 0 | 1.37 | 67% | 6,617 | 64 |
| 2024 | 117 | $173M | $-7.8M | -4.6% | -4.5% | 0 | 1.07 | 62% | 7,289 | 48 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Vanderbilt University Medical Center | 5% or greater direct ownership interest | 100 | 2019-08 | |
| Angela Simmons | w-2 managing employee | 2016-04 | ||
| Bruce Evans | corporate director | 2025-07 | ||
| Cecelia Moore | corporate officer | 2016-04 | ||
| Colin Reed | corporate director | 2023-07 | ||
| Daniel Diermeier | corporate director | 2020-07 | ||
| Edith Johnson | corporate director | 2016-04 | ||
| Gail Williams | corporate director | 2023-07 | ||
| Jamie Phillips | w-2 managing employee | 2026-01 | ||
| Jane Freedman | w-2 managing employee | 2025-07 | ||
| Jeffrey Balser | corporate officer | 2016-04 | ||
| Jeffrey Balser | corporate director | 2016-04 | ||
| Jerry Mccarver | w-2 managing employee | 2021-10 | ||
| John Ingram | corporate director | 2022-07 | ||
| John Manning | w-2 managing employee | 2016-04 | ||
| John Stein | corporate director | 2016-04 | ||
| Lee Ann Liska | w-2 managing employee | 2024-01 | ||
| Lucinda Baier | corporate director | 2022-07 | ||
| Makeba Williams | corporate director | 2022-07 | ||
| Raymond Mefford | corporate officer | 2024-07 | ||
| Sara Finley | corporate director | 2022-01 | ||
| Tanmay Mathur | w-2 managing employee | 2024-07 | ||
| William Carpenter | corporate director | 2025-07 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2019-08-01 | change of ownership | Vanderbilt University Medical Center | Lebanon Hma Llc |
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 |