Tristar Ashland City Medical Center
Ashland City, Cheatham County, TN · CCN 441311
Composite
15.2
rank score
Distress
44
FY2023
Fit
46
vs thesis
Estimated ticket
—–—
— beds ·
over envelope
Ownership
for-profit
CAH
Why it ranks here
- under 30 days cash on hand
- liabilities exceed assets
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $7.9M |
| Operating margin | 25.0% |
| Total margin | 25.0% |
| Days cash on hand | 0 |
| Current ratio | 3.67 |
| Occupancy | — |
Facility
| Beds | — |
| Facility type | CAH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | — |
| Per-bed (high) | — |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | — | $11.9M | $4.0M | 36.4% | 34.2% | 0 | 4.71 | — | — | 37 |
| 2022 | — | $11.3M | $2.8M | 24.8% | 25.0% | 0 | 2.54 | — | — | 37 |
| 2023 | — | $7.9M | $2.0M | 25.0% | 25.0% | 0 | 3.67 | — | — | 44 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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 |
|---|---|---|---|---|
| 2023-07-01 | Erlanger Health | Chattanooga Hamilton County... | Erlanger Bledsoe Hospital | 25 |
| 2022-08-01 | Shamrock Community Hospital Inc | Houston County Community Hospital | Houston County Community Hospital | 25 |
| 2021-01-01 | Lauderdale Community Hospital Llc | Cah Acquisition Company 11 Llc | Lauderdale Community Hospital | 25 |