University Of Maryland Med Sys
dba University Of Maryland Medical Center ·
Baltimore, Baltimore City County, MD
· CCN 210002
Licensed to University Of Maryland Medical Center, Llc
Already transacted. CMS recorded an ownership change effective
2024-02-01. Confirm the current owner before spending a call on this.
Composite
6.1
rank score
Distress
48
FY2024
Fit
55
vs thesis
Estimated ticket
$381M–$1.5B
762 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- 30-60 days cash on hand
- current ratio under 1.5
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
- changed ownership 2024-02-01 — likely already transacted
Latest financials · FY2024
| Net patient revenue | $1.1B |
| Operating margin | -9.6% |
| Total margin | 5.4% |
| Days cash on hand | 31 |
| Current ratio | 1.35 |
| Occupancy | 77% |
Facility
| Beds | 762 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| 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 | 846 | $1.7B | $244M | -27.3% | 10.6% | — | 1.68 | 69% | 23,939 | 36 |
| 2022 | 846 | $1.8B | $57.2M | -56.3% | 2.0% | 2 | 1.61 | 68% | 22,649 | 53 |
| 2023 | 779 | $1.8B | $164M | -56.0% | 5.6% | 2 | 1.23 | 72% | 23,367 | 53 |
| 2024 | 762 | $1.1B | $70.2M | -9.6% | 5.4% | 31 | 1.35 | 77% | 13,769 | 48 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| University Of Maryland Medical System Corporation | 5% or greater direct ownership interest | 100 | 2014-07 | |
| Ancelmo Lopes | corporate director | 2024-02 | ||
| Barry Gossett | corporate director | 2024-02 | ||
| Bartholomew O'malley | corporate officer | 2024-02 | ||
| Bartholomew O'malley | corporate director | 2024-02 | ||
| Bartholomew O'malley | w-2 managing employee | 2024-02 | ||
| Bartholomew O'malley | other | 2024-02 | ||
| Bonnie Phipps | corporate officer | 2024-03 | ||
| Bonnie Phipps | corporate director | 2024-03 | ||
| Bruce Jarrell | corporate director | 2024-02 | ||
| David Ralph | corporate officer | 2024-07 | ||
| David Ralph | corporate director | 2024-07 | ||
| Deborah Zimmermann | corporate officer | 2024-03 | ||
| Deborah Zimmermann | corporate director | 2024-03 | ||
| George Sprinkel | corporate officer | 2024-02 | ||
| George Sprinkel | other | 2024-02 | ||
| Jill Rachbeisel | corporate officer | 2024-07 | ||
| Jill Rachbeisel | corporate director | 2024-07 | ||
| Joseph Carrier | corporate officer | 2025-05 | ||
| Joseph Carrier | corporate director | 2025-05 | ||
| Joseph Demattos | corporate officer | 2025-07 | ||
| Joseph Demattos | corporate director | 2025-07 | ||
| Kenneth Moreland | corporate director | 2024-02 | ||
| Lisa Manzone | corporate officer | 2024-03 | ||
| Lisa Manzone | corporate director | 2024-03 |
Showing 25 of 37. Full list via /api/targets/210002.
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2024-02-01 | change of ownership | University Of Maryland Medical... | University Of Maryland Medical... |
Who has been buying in MD
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 |
|---|---|---|---|---|
| 2024-02-01 | University Of Maryland Medical Center, Llc | University Of Maryland Medical... | University Of Maryland Med Sys | 762 |
| 2022-07-01 | Grmc, Inc. | Garrett County Memorial Hospital | Garrett County Memorial Hospital | 20 |
| 2022-03-01 | Sinai Hospital Of Baltimore, Inc | Grace Medical Center Inc | Sinai Hospital Of Baltimore Inc. | 437 |
| 2020-03-01 | Tidalhealth Peninsula Regional Inc | Mccready Foundation Inc | Tidalhealth Peninsula Regional Inc | 284 |
| 2019-10-27 | Adventist Healthcare Fort... | Fort Washington Medical Center Inc | Fort Washington Medical Center | 34 |
| 2018-08-01 | Adventist Healthcare, Inc. | Adventist Healthcare, Inc. | Ahc Shady Grove Medical Center | 397 |