The Johns Hopkins Hospital
dba Johns Hopkins Hospital ·
Baltimore, Baltimore City County, MD
· CCN 210009
Licensed to The Johns Hopkins Hospital
Composite
19.8
rank score
Distress
61
FY2024
Fit
55
vs thesis
Estimated ticket
$443M–$1.8B
1,042 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin under 2%
- under 30 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
Latest financials · FY2024
| Net patient revenue | $2.6B |
| Operating margin | -26.7% |
| Total margin | 1.2% |
| Days cash on hand | 4 |
| Current ratio | 1.12 |
| Occupancy | 86% |
Facility
| Beds | 1,042 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 1,019 | $2.4B | $204M | -16.8% | 6.9% | 19 | 1.47 | 80% | 37,955 | 53 |
| 2022 | 999 | $2.4B | $162M | -18.5% | 5.3% | 21 | 1.07 | 84% | 38,435 | 53 |
| 2023 | 1,038 | $2.5B | $82.9M | -24.8% | 2.6% | 5 | 1.17 | 85% | 39,531 | 53 |
| 2024 | 1,042 | $2.6B | $39.7M | -26.7% | 1.2% | 4 | 1.12 | 86% | 41,277 | 61 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Annemarie Martin-Boyan | corporate officer | 2022-02 | ||
| April Taylor | corporate officer | 2020-11 | ||
| Carim Khouzami | corporate director | 2021-07 | ||
| Carrie Herzke | corporate officer | 2024-04 | ||
| David Hackam | corporate director | 2023-10 | ||
| Deborah Baker | corporate officer | 2015-10 | ||
| Edward Seferian | corporate officer | 2024-02 | ||
| Elizabeth Kojima | corporate director | 2024-07 | ||
| Gregory Miller | corporate officer | 2015-12 | ||
| Ira Fine | corporate director | 2007-11 | ||
| James Dresher Jr | corporate director | 2007-11 | ||
| Joseph Schapiro | corporate director | 2023-10 | ||
| Katina Williams | corporate officer | 2021-09 | ||
| Keith Lee | corporate director | 2024-07 | ||
| Kevin Sowers | corporate officer | 2018-02 | ||
| Kristena Lukish | corporate officer | 2017-07 | ||
| Leslie Strunge | corporate director | 2023-10 | ||
| Lindsay Dryden | corporate director | 2023-10 | ||
| Marjorie Cheshire | corporate director | 2009-07 | ||
| Mayo Shattuck | corporate director | 2019-07 | ||
| Milton Miller | corporate director | 2012-08 | ||
| Pamela Owens | corporate officer | 2017-07 | ||
| Pamela Owens | w-2 managing employee | 2017-07 | ||
| Peter Mancino | corporate officer | 2012-10 | ||
| Redonda Miller | corporate officer | 2016-07 |
Showing 25 of 31. Full list via /api/targets/210009.
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 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 |