Camden General Hospital
dba West Tennessee Healthcare Camden Hospital ·
Camden, Benton County, TN
· CCN 441316
Licensed to Camden General Hospital, Inc.
Composite
36.8
rank score
Distress
40
FY2024
Fit
47
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- occupancy below 30%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $13.0M |
| Operating margin | 20.3% |
| Total margin | 21.7% |
| Days cash on hand | 3 |
| Current ratio | -0.24 |
| Occupancy | 9% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $7.6M | $1.5M | -18.7% | 14.4% | 3 | -0.41 | 15% | 276 | 72 |
| 2022 | 25 | $9.1M | $564K | -2.3% | 5.7% | 7 | -0.30 | 12% | 190 | 60 |
| 2023 | 25 | $10.2M | $723K | 6.5% | 7.0% | 11 | -0.27 | 11% | 175 | 44 |
| 2024 | 25 | $13.0M | $2.9M | 20.3% | 21.7% | 3 | -0.24 | 9% | 120 | 40 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Jeffrey Blankenship | corporate officer | 2009-10 | ||
| Jeffrey Blankenship | w-2 managing employee | 2016-04 | ||
| Tina Prescott | corporate officer | 2024-09 | ||
| Tina Prescott | w-2 managing employee | 2024-09 |
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 |