York Hospital
York, York County, ME
· CCN 200020
Licensed to York Hospital
Composite
55.9
rank score
Distress
61
FY2023
Fit
71
vs thesis
Estimated ticket
$22.9M–$91.8M
54 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- under 30 days cash on hand
- current liabilities exceed current assets
- occupancy 45-60%
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size somewhat below the envelope
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $197M |
| Operating margin | -7.9% |
| Total margin | -5.1% |
| Days cash on hand | 1 |
| Current ratio | 0.86 |
| Occupancy | 46% |
Facility
| Beds | 54 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 54 | $167M | $-13.8M | -13.6% | -7.9% | 40 | 1.71 | 44% | 2,458 | 62 |
| 2021 | 54 | $198M | $6.3M | -0.6% | 3.1% | 29 | 1.16 | 56% | 2,404 | 43 |
| 2022 | 54 | $197M | $-7.7M | -3.6% | -3.8% | 5 | 1.12 | 47% | 2,216 | 56 |
| 2023 | 54 | $197M | $-10.3M | -7.9% | -5.1% | 1 | 0.86 | 46% | 2,200 | 61 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Robin Labonte | w-2 managing employee | 100 | 1995-07 | |
| Ala Reid | corporate director | 2003-08 | ||
| Alexis Crawford | corporate director | 2024-09 | ||
| Daniel Morrison | corporate director | 2024-09 | ||
| Dianne Smallidge | corporate officer | 2025-07 | ||
| Dianne Smallidge | corporate director | 2024-09 | ||
| Erich Fogg | w-2 managing employee | 2020-01 | ||
| Eugene Gaudette | corporate director | 2024-09 | ||
| Gretchen Dunkelberger | corporate director | 2024-09 | ||
| Judith Mcallister | corporate director | 2024-09 | ||
| Lorraine Boston | corporate director | 2003-08 | ||
| Mark Wladis | corporate director | 2024-09 | ||
| Patrick Taylor | corporate officer | 2021-03 | ||
| Patrick Taylor | w-2 managing employee | 2021-03 | ||
| Robin Labonte | corporate officer | 2024-09 | ||
| Robin Labonte | corporate director | 2003-06 | ||
| Robin Labonte | operational/managerial control | 2024-09 | ||
| Wendy Cote | corporate officer | 2020-01 | ||
| William Kiley | corporate director | 2024-09 | ||
| William Kiley | w-2 managing employee | 2024-09 | ||
| Yvette Bailey | corporate director | 2024-09 |
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 ME
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 |
|---|---|---|---|---|
| 2021-01-01 | Mainehealth | Mid Coast Hospital | Mid Coast Hospital | 93 |