Dupont Hospital
dba Dupont Hospital Llc ·
Fort Wayne, Allen County, IN
· CCN 150150
Licensed to Dupont Hospital Llc
Composite
52.0
rank score
Distress
34
FY2024
Fit
87
vs thesis
Estimated ticket
$65.5M–$262M
131 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- occupancy 45-60%
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $226M |
| Operating margin | 18.4% |
| Total margin | 18.6% |
| Days cash on hand | 0 |
| Current ratio | -0.12 |
| Occupancy | 48% |
Facility
| Beds | 131 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 131 | $171M | $30.6M | 14.9% | 17.4% | 0 | -0.11 | 41% | 4,391 | 41 |
| 2022 | 131 | $185M | $28.1M | 14.1% | 15.0% | 0 | -0.10 | 44% | 4,925 | 41 |
| 2023 | 131 | $206M | $38.1M | 18.2% | 18.4% | 0 | -0.11 | 43% | 4,529 | 41 |
| 2024 | 131 | $226M | $42.3M | 18.4% | 18.6% | 0 | -0.12 | 48% | 4,907 | 34 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Chs Community Health Systems Inc | 5% or greater indirect ownership interest | 100 | 2007-07 | chain |
| Community Health Systems Inc | 5% or greater indirect ownership interest | 100 | 2007-07 | |
| Hma-Tri Holdings Llc | 5% or greater indirect ownership interest | 100 | 2015-12 | |
| Tennyson Holdings Llc | 5% or greater indirect ownership interest | 100 | 2007-12 | |
| Triad Healthcare Llc | 5% or greater indirect ownership interest | 100 | 2007-07 | |
| Qhg Of Fort Wayne Company Llc | 5% or greater indirect ownership interest | 99 | 2007-07 | |
| Dhfw Holdings Llc | 5% or greater direct ownership interest | 72 | 2007-07 | |
| Brent Parsons | w-2 managing employee | 2026-05 | ||
| Christopher Cobb | corporate officer | 2017-04 | ||
| Edna Buffington-Price | corporate director | 2022-03 | ||
| Jason Johnson | corporate officer | 2020-01 | ||
| Jason Johnson | corporate director | 2026-01 | ||
| Justin Pitt | corporate officer | 2026-01 | ||
| Justin Pitt | corporate director | 2026-01 | ||
| Nathaniel Summar | corporate director | 2018-07 | ||
| Paula Lalor | corporate director | 2017-04 | ||
| Phillip Posey | corporate officer | 2026-01 | ||
| Roman Ottinger | corporate officer | 2020-01 | ||
| William Cash | corporate officer | 2018-06 | ||
| William Cash | corporate director | 2026-01 |
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 |