dealflow
envelope $200M

← Targets

Southern Virginia Mental Health Inst

dba Southern Virginia Mental Health Institute · Danville, Pittsylvania County, VA · CCN 494017
Licensed to Commonwealth Of Virginia Department Of Behavioral Health And Southern

Composite
51.5
rank score
Distress
62
FY2024
Fit
59
vs thesis
Estimated ticket
$3.4M–$6.7M
72 beds · within envelope
Ownership
government
PH

Why it ranks here

  • operating margin below -10%
  • total margin negative
  • under 30 days cash on hand
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • specialty facility — narrower problem scope
  • bed count in the target band
  • very small ticket — sub-scale as a platform asset
  • strong occupancy — good iteration surface
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$1.6M
Operating margin -1,542.8%
Total margin -1.7%
Days cash on hand 28
Current ratio 1.82
Occupancy96%

Facility

Beds72
Facility typePH
Settingrural
Ownership classgovernment
Per-bed (low) $46.8K
Per-bed (high) $93.5K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 72 $1.4M $975K -1,135.1% 5.2% 95 3.80 83% 342 32
2022 72 $1.4M $-1.7M -1,406.2% -8.8% 27 1.48 77% 261 70
2023 72 $1.1M $1.5M -1,819.5% 6.5% 52 3.40 89% 264 44
2024 72 $1.6M $-441K -1,542.8% -1.7% 28 1.82 96% 280 62

Owners

OwnerRole%SinceType
Jill Blankenship w-2 managing employee 2011-03
Robin Crews corporate director 2021-12

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.