Rumford Hospital
Rumford, Oxford County, ME
· CCN 201306
Licensed to Rumford Hospital
Composite
33.4
rank score
Distress
23
FY2024
Fit
53
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- under 30 days cash on hand
- current ratio under 1.5
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $49.6M |
| Operating margin | 4.2% |
| Total margin | 10.6% |
| Days cash on hand | 0 |
| Current ratio | 1.27 |
| Occupancy | 63% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $42.4M | $3.9M | 0.5% | 8.4% | 184 | 1.59 | 52% | 576 | 9 |
| 2022 | 25 | $48.4M | $4.7M | 1.6% | 8.9% | 1 | 0.78 | 63% | 347 | 42 |
| 2023 | 25 | $51.5M | $7.5M | 5.8% | 13.3% | 0 | 0.94 | 64% | 434 | 31 |
| 2024 | 25 | $49.6M | $5.6M | 4.2% | 10.6% | 0 | 1.27 | 63% | 341 | 23 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Allen Stefanek | corporate officer | 2026-02 | ||
| Austin Albert | corporate director | 2018-01 | ||
| Central Maine Healthcare Corporation | operational/managerial control | 1996-01 | chain | |
| Christopher Doan | corporate officer | 2026-02 | ||
| David Paulosky | corporate officer | 2026-02 | ||
| David Paulosky | w-2 managing employee | 2022-06 | ||
| Elizabeth Shew | corporate director | 2021-03 | ||
| Elizabeth Shew | w-2 managing employee | 2020-11 | ||
| Eric French | w-2 managing employee | 2021-11 | ||
| Kristen St. Peter | w-2 managing employee | 2021-03 | ||
| Marney Chalmers | corporate director | 2021-01 | ||
| Sonia Mehta | corporate director | 2026-02 | ||
| Steven Aleman | corporate director | 2026-02 | ||
| Sundeep Bhatia | corporate director | 2026-02 | ||
| Wesley Lew | corporate director | 2026-02 |
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 |
|---|---|---|---|---|
| 2021-07-01 | Calais Community Hospital | Calais Regional Hospital | Calais Community Hospital | 25 |
| 2020-03-01 | Mrh Corp | Hospital Administrative District 4 | Mayo Regional Hospital | 25 |