Carilion Rockbridge Community Hosp
Lexington, Rockbridge County, VA
· CCN 491304
Licensed to Carilion Rockbridge Community Hospital
Composite
36.2
rank score
Distress
36
FY2023
Fit
50
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin negative
- under 30 days cash on hand
- occupancy 45-60%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $65.1M |
| Operating margin | -0.8% |
| Total margin | 13.1% |
| Days cash on hand | 0 |
| Current ratio | 2.13 |
| Occupancy | 53% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $43.2M | $3.8M | 2.7% | 8.2% | 0 | 1.74 | 41% | 932 | 28 |
| 2021 | 25 | $54.5M | $9.0M | 2.2% | 14.3% | 0 | 1.59 | 47% | 978 | 24 |
| 2022 | 25 | $60.2M | $683K | -0.8% | 1.1% | 0 | 2.91 | 51% | 1,170 | 43 |
| 2023 | 25 | $65.1M | $9.9M | -0.8% | 13.1% | 0 | 2.13 | 53% | 1,337 | 36 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Carilion Clinic | 5% or greater direct ownership interest | 100 | 2005-07 | |
| Alicia Devine | corporate officer | 2021-10 | ||
| Amy Dehart | corporate officer | 2021-10 | ||
| Ayesha Kelly | corporate director | 2024-01 | ||
| Carilion Clinic | operational/managerial control | 2005-07 | ||
| Donald Halliwill | corporate director | 2011-01 | ||
| Donald Halliwill | w-2 managing employee | 2011-01 | ||
| Duaine Fitzgerald | corporate officer | 2021-10 | ||
| Eleanor Prescott | corporate director | 2025-10 | ||
| George Vaughan | corporate director | 2010-01 | ||
| Gregory Madsen | corporate officer | 2021-10 | ||
| Joshua Elrod | corporate director | 2022-09 | ||
| Joshua Hartle | corporate director | 2025-10 | ||
| Kimberly Reynolds | w-2 managing employee | 2023-05 | ||
| Kimberly Shaw | corporate officer | 2021-10 | ||
| Kristina Werner | corporate director | 2026-01 | ||
| Marylin Alexander | corporate officer | 2021-10 | ||
| Matthew Barr | corporate director | 2025-01 | ||
| Nathan Ramsey | corporate director | 2022-09 | ||
| Reginald Early | corporate director | 2023-10 | ||
| Tracy Lyons | corporate officer | 2021-10 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.