Stephens Memorial Hospital - Cah
dba Mainehealth Stephens Hospital ·
Norway, Oxford County, ME
· CCN 201315
Licensed to Mainehealth
Composite
33.8
rank score
Distress
28
FY2023
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 liabilities exceed current assets
- 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 · FY2023
| Net patient revenue | $108M |
| Operating margin | 4.1% |
| Total margin | 12.4% |
| Days cash on hand | 1 |
| Current ratio | 0.97 |
| Occupancy | 70% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $72.4M | $-825K | -6.8% | -1.1% | 0 | 0.52 | 44% | 1,169 | 71 |
| 2021 | 25 | $87.8M | $13.0M | 3.7% | 13.3% | 1 | 0.64 | 48% | 1,196 | 38 |
| 2022 | 25 | $100M | $15.1M | 4.2% | 13.5% | 1 | 0.97 | 71% | 1,366 | 31 |
| 2023 | 25 | $108M | $14.7M | 4.1% | 12.4% | 1 | 0.97 | 70% | 1,400 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Mainehealth Services | 5% or greater direct ownership interest | 100 | 2010-11 | |
| Alissa Chasse | w-2 managing employee | 2023-01 | ||
| Amanda Rand | corporate director | 2023-01 | ||
| Andrew Mueller | corporate officer | 2021-07 | ||
| Ann Bresnahan | corporate director | 2023-10 | ||
| Beth Kelsch | corporate officer | 2023-01 | ||
| Brett Loffredo | corporate director | 2019-01 | ||
| Brian Noyes | corporate director | 2019-01 | ||
| Charles Bayman | corporate officer | 2025-01 | ||
| Charles Bayman | corporate director | 2025-01 | ||
| Daniel Loiselle | corporate director | 2019-01 | ||
| David Kumaki | corporate director | 2019-01 | ||
| Dawn Tutt | w-2 managing employee | 2019-01 | ||
| Diana Mclaughlin | corporate officer | 2025-09 | ||
| Diana Mclaughlin | operational/managerial control | 2025-09 | ||
| Donna Jauregui | w-2 managing employee | 2025-08 | ||
| Katherine Coster | corporate director | 2019-01 | ||
| Kathleen Herlihy | corporate director | 2019-01 | ||
| Kelly Elkins | corporate officer | 2023-01 | ||
| Leslie Boothby | corporate director | 2019-01 | ||
| Linda Terry | corporate director | 2023-01 | ||
| Lisa Beaule | corporate director | 2019-01 | ||
| Lugene Inzana | corporate officer | 2022-01 | ||
| Marie Mccarthy | corporate director | 2019-01 | ||
| Matthew Chin | corporate director | 2024-01 |
Showing 25 of 36. Full list via /api/targets/201315.
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 |