Trustpoint Hospital
Murfreesboro, Rutherford County, TN
· CCN 440231
Licensed to Trustpoint Hospital Llc
Composite
35.2
rank score
Distress
22
FY2024
Fit
59
vs thesis
Estimated ticket
$9.0M–$36.0M
18 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- very small facility
- small ticket — deploys little of the available capital
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $63.0M |
| Operating margin | 12.7% |
| Total margin | 16.7% |
| Days cash on hand | 0 |
| Current ratio | 1.87 |
| Occupancy | — |
Facility
| Beds | 18 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 18 | $45.5M | $2.4M | 4.8% | 5.3% | 0 | 0.16 | 2% | 11 | 52 |
| 2022 | 18 | $41.4M | $4.4M | -8.5% | 8.9% | 0 | 1.09 | — | — | 57 |
| 2023 | 18 | $50.8M | $3.9M | -0.8% | 6.7% | 0 | 1.31 | — | — | 50 |
| 2024 | 18 | $63.0M | $11.4M | 12.7% | 16.7% | 0 | 1.87 | — | — | 22 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Acadia Healthcare Company Inc | 5% or greater indirect ownership interest | 100 | 2016-05 | chain |
| Fenx Healthcare Inc | 5% or greater direct ownership interest | 100 | 2008-03 | |
| Polaris Hospital Holdings, Llc | 5% or greater indirect ownership interest | 100 | 2015-11 | |
| Brian Farley | corporate officer | 2023-07 | ||
| David Duckworth | corporate officer | 2026-05 | ||
| Deborah Kraemer | w-2 managing employee | 2012-06 | ||
| Debra Osteen | corporate officer | 2026-01 | ||
| Holly Waldrop | w-2 managing employee | 2023-09 | ||
| Stacie Harty | w-2 managing employee | 2018-06 | ||
| Timothy Sides | w-2 managing employee | 2023-06 |
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 |