Huntington Memorial Hospital
dba Parkview Huntington Hospital ·
Huntington, Huntington County, IN
· CCN 150091
Licensed to Huntington Memorial Hospital, Inc.
Composite
34.9
rank score
Distress
25
FY2023
Fit
59
vs thesis
Estimated ticket
$3.6M–$7.2M
36 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- occupancy 30-45%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $76.7M |
| Operating margin | 7.8% |
| Total margin | 13.9% |
| Days cash on hand | 0 |
| Current ratio | 5.92 |
| Occupancy | 42% |
Facility
| Beds | 36 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 36 | $66.1M | $10.4M | -4.0% | 13.1% | 0 | 1.95 | 37% | 1,620 | 43 |
| 2021 | 36 | $69.7M | $14.7M | 8.3% | 18.7% | 0 | 3.70 | 38% | 1,550 | 28 |
| 2022 | 36 | $69.3M | $-3.6M | 0.2% | -5.5% | 0 | 5.32 | 36% | 1,514 | 47 |
| 2023 | 36 | $76.7M | $11.5M | 7.8% | 13.9% | 0 | 5.92 | 42% | 1,828 | 25 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Parkview Health System Inc | 5% or greater direct ownership interest | 100 | 2007-11 | |
| Allison Meyer | corporate director | 2023-01 | ||
| Barb Drummond | corporate director | 2020-01 | ||
| Debra Potempa | corporate officer | 2026-01 | ||
| Derek Dyer | corporate director | 2017-01 | ||
| Erich Eller | corporate director | 2020-01 | ||
| Greg Johnson | corporate officer | 2026-01 | ||
| Jenny Newton | corporate director | 2018-01 | ||
| Jessica Lee-Hansen | corporate officer | 2026-01 | ||
| Jessica Lee-Hansen | w-2 managing employee | 2025-08 | ||
| Juli Johnson | corporate officer | 2026-01 | ||
| Rick Henvey | corporate director | 2006-12 | ||
| Rick Henvey | w-2 managing employee | 2006-12 | ||
| Robert Kemp | corporate director | 2023-01 | ||
| Susan Zahn | corporate director | 2018-01 | ||
| Trent Wolfe | corporate director | 2023-01 |
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 IN
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 |
|---|---|---|---|---|
| 2025-12-28 | Indiana University Health Inc | Indiana University Health North... | Indiana University Health | 1,274 |
| 2025-12-13 | Union Hospital Inc | Terre Haute Regional Hospital Lp | Union Hospital Inc. | 260 |
| 2025-07-01 | Parkview Logansport Hospital Inc | Memorial Hospital | Memorial Hospital Logansport | 37 |
| 2024-03-01 | Franciscan Health Michigan City | Franciscan Beacon Hospital, Llc | Franciscan Health Michigan City | 133 |
| 2020-11-01 | St Elizabeth Medical Center, Inc | Dearborn County Hospital | St Elizabeth Dearborn | 50 |
| 2019-07-16 | Reid Hospital & Health Care Services Inc | Fayette Memorial Hospital Association Inc | Reid Hospital & Health Care Services | 183 |