Levindal Hebrew Ger. Ctr. & Hospt.
Baltimore, Baltimore City County, MD
· CCN 210064
Licensed to Levindale Hebrew Geriatric Center & Hospital Inc
Composite
35.2
rank score
Distress
9
FY2024
Fit
78
vs thesis
Estimated ticket
$60.0M–$240M
120 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- 60-90 days cash on hand
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $90.4M |
| Operating margin | 8.3% |
| Total margin | 10.8% |
| Days cash on hand | 75 |
| Current ratio | 3.09 |
| Occupancy | 70% |
Facility
| Beds | 120 |
| 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 | 120 | $76.4M | $-4.4M | -7.9% | -5.6% | 88 | 1.33 | 64% | 906 | 48 |
| 2022 | 120 | $95.3M | $4.6M | 3.1% | 4.7% | 106 | 1.94 | 71% | 1,056 | 4 |
| 2023 | 120 | $88.4M | $8.5M | 5.9% | 9.3% | 38 | 1.74 | 69% | 928 | 17 |
| 2024 | 120 | $90.4M | $10.0M | 8.3% | 10.8% | 75 | 3.09 | 70% | 935 | 9 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Lifebridge Health Inc | 5% or greater direct ownership interest | 100 | 2007-11 | |
| Abba Poliakoff | corporate director | 2018-06 | ||
| Allan Alpersrein | corporate director | 2018-06 | ||
| Barry Nabozny | corporate director | 2019-07 | ||
| Daniel Henson | corporate director | 2021-07 | ||
| David Uhlfelder | corporate director | 2007-11 | ||
| Deborah Graves | corporate officer | 2018-06 | ||
| Diane Wit | corporate director | 2020-07 | ||
| Esther Jacobson | corporate director | 2018-06 | ||
| Ethan Seidel | corporate director | 2018-06 | ||
| Gerald Feldman | corporate director | 2018-06 | ||
| Gilbert Trout | corporate director | 2020-07 | ||
| Howard Perlow | corporate officer | 2018-06 | ||
| Jason Frank, Esq. | corporate director | 2018-06 | ||
| Jayne Klein | corporate director | 2018-06 | ||
| Joseph Koons | corporate officer | 2022-03 | ||
| Kandace Scherr | corporate director | 2020-07 | ||
| Keith Attman | corporate officer | 2018-06 | ||
| Kevin Keane | corporate director | 2017-07 | ||
| Laura Callahan | operational/managerial control | 2021-07 | ||
| Lynn Selby | corporate director | 2020-07 | ||
| Marc Cohen | corporate director | 2018-06 | ||
| Margaret Morgan-Lamb | corporate director | 2013-07 | ||
| Margaret Morgan-Lamb | w-2 managing employee | 2013-07 | ||
| Michele Shermak | corporate director | 2018-06 |
Showing 25 of 29. Full list via /api/targets/210064.
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 |