Carilion Tazewell Community Hospital
Tazewell, Tazewell County, VA
· CCN 490117
Licensed to Carilion Tazewell Community Hospital
Composite
60.8
rank score
Distress
97
FY2023
Fit
43
vs thesis
Estimated ticket
$1.6M–$3.2M
23 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy 30-45%
- margin deteriorating sharply
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $18.3M |
| Operating margin | -44.0% |
| Total margin | -36.0% |
| Days cash on hand | 0 |
| Current ratio | 0.07 |
| Occupancy | 32% |
Facility
| Beds | 23 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 23 | $13.5M | $-2.4M | -27.2% | -16.2% | 0 | 0.07 | 22% | 505 | 100 |
| 2021 | 23 | $16.5M | $-3.3M | -18.6% | -20.3% | 0 | 0.10 | 31% | 545 | 97 |
| 2022 | 23 | $18.4M | $-4.8M | -32.9% | -24.5% | 0 | 0.10 | 39% | 685 | 97 |
| 2023 | 23 | $18.3M | $-6.9M | -44.0% | -36.0% | 0 | 0.07 | 32% | 564 | 97 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Carilion Clinic | 5% or greater direct ownership interest | 100 | 2008-07 | |
| Alicia Bales | corporate director | 2019-09 | ||
| Anthony Grills | corporate director | 2017-01 | ||
| Donald Halliwill | corporate director | 2012-01 | ||
| Donald Linkous | corporate director | 2021-10 | ||
| Eleanor Prescott | corporate director | 2025-10 | ||
| George Vaughan | corporate director | 2010-01 | ||
| James Thompson | corporate director | 1992-01 | ||
| Joshua Hartle | corporate director | 2025-10 | ||
| Junetta Bowen | corporate director | 2025-12 | ||
| Kimberly Reynolds | w-2 managing employee | 2023-05 | ||
| Kristie Williams | corporate director | 2017-01 | ||
| Mandy French | corporate director | 2017-01 | ||
| Mark Mossey | corporate director | 2021-10 | ||
| Michael Hoops | corporate director | 2023-10 | ||
| Michael Hymes | corporate director | 2011-01 | ||
| Nellie Stillwell | corporate director | 2021-10 | ||
| William Flattery | corporate director | 2017-01 |
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 VA
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 |
|---|---|---|---|---|
| 2021-04-01 | Maryview Hospital Llc | Bon Secours Depaul Medical Center Llc | Maryview Hospital Llc | 176 |
| 2020-01-01 | Bon Secours Mercy Health Franklin Llc | Franklin Hospital Corporation | Southampton Memorial Hospital | 90 |
| 2020-01-01 | Bon Secours Mercy Health Emporia Llc | Emporia Hospital Corporation | Southern Virginia Regional Med. Ctr. | 70 |
| 2020-01-01 | Bon Secours Mercy Health Petersburg Llc | Petersburg Hospital Company Llc | Bon Secours Southside Medical Center | 300 |
| 2020-01-01 | Inova Health Care Services | Loudoun Hospital Center | Inova Loudoun Hospital Center | 189 |
| 2017-10-01 | Danville Regional Medical Center Llc | Phc-Martinsville Inc | Danville Regional Medical Center | 205 |