Chester River Hospital Center
dba University Of Maryland Shore Medical Center At Chestertown ·
Chestertown, Kent County, MD
· CCN 210030
Licensed to Chester River Hospital Center
Composite
20.4
rank score
Distress
0
FY2024
Fit
51
vs thesis
Estimated ticket
$500K–$1.0M
5 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- rural — cheaper but limited density
- very small facility
- 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 | $47.5M |
| Operating margin | 10.3% |
| Total margin | 6.0% |
| Days cash on hand | 453 |
| Current ratio | 19.42 |
| Occupancy | 96% |
Facility
| Beds | 5 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 12 | $37.0M | $-4.5M | -18.4% | -11.6% | 355 | 2.41 | 47% | 580 | 47 |
| 2022 | 12 | $48.6M | $4.9M | 7.9% | 9.8% | 296 | 3.68 | 27% | 276 | 9 |
| 2023 | 12 | $46.6M | $2.7M | 1.6% | 5.6% | 354 | 5.33 | 28% | 272 | 16 |
| 2024 | 5 | $47.5M | $2.9M | 10.3% | 6.0% | 453 | 19.42 | 96% | 378 | 0 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Kenneth Kozel | w-2 managing employee | 100 | 2011-10 | |
| University Of Maryland Medical System Corporation | 5% or greater direct ownership interest | 100 | 2022-08 | |
| Arthur Cecil | corporate director | 2022-08 | ||
| Catherine Burton | corporate director | 2022-08 | ||
| Charles Capute | corporate director | 2022-08 | ||
| Chrissy Helfenbein | corporate officer | 2024-07 | ||
| Chrissy Helfenbein | corporate director | 2024-07 | ||
| Christopher Parry | corporate director | 2021-07 | ||
| Christopher Runz | corporate officer | 2024-07 | ||
| Christopher Runz | corporate director | 2024-07 | ||
| David Milligan | corporate officer | 2013-07 | ||
| David Milligan | corporate director | 2013-07 | ||
| Eugene Newmier | corporate director | 2018-08 | ||
| Garret Falcone | corporate director | 2021-07 | ||
| Jane Wang | corporate director | 2022-08 | ||
| John Ashworth | corporate director | 2022-08 | ||
| Joseph Hoffman | corporate director | 2023-07 | ||
| Kathleen Deoudes | corporate director | 2022-08 | ||
| Keith Mcmahan | corporate officer | 2022-08 | ||
| Kenneth Kozel | corporate officer | 2011-10 | ||
| Kenny Kreiser | corporate director | 2022-08 | ||
| Kim Herman | corporate director | 2022-08 | ||
| Kristin Bryce | corporate director | 2022-08 | ||
| Lou Satchell | corporate director | 2017-08 | ||
| Luann Brady | corporate officer | 2023-02 |
Showing 25 of 36. Full list via /api/targets/210030.
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 |