Nashoba Valley Hospital
Ayer, Middlesex County, MA · CCN 220098
Composite
55.8
rank score
Distress
69
FY2023
Fit
62
vs thesis
Estimated ticket
$24.2M–$96.9M
57 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin below -10%
- current ratio below 0.8
- liabilities exceed assets
- occupancy below 30%
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size somewhat below the envelope
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $66.1M |
| Operating margin | -10.7% |
| Total margin | 2.2% |
| Days cash on hand | — |
| Current ratio | -0.43 |
| Occupancy | 23% |
Facility
| Beds | 57 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 57 | $51.3M | $-7.9M | -30.5% | -13.3% | 0 | -0.09 | 22% | 1,481 | 100 |
| 2021 | 57 | $60.7M | $3.1M | -8.5% | 4.5% | 0 | -0.11 | 25% | 1,610 | 78 |
| 2022 | 57 | $70.7M | $7.8M | -2.0% | 9.7% | 0 | -0.15 | 25% | 1,595 | 68 |
| 2023 | 57 | $66.1M | $1.6M | -10.7% | 2.2% | — | -0.43 | 23% | 1,587 | 69 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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 MA
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 |
|---|---|---|---|---|
| 2024-10-01 | Bmc Community Hospital Corporation | Steward Good Samaritan Medical Center, Inc. | Good Samaritan Medical Center | 208 |
| 2024-10-01 | Lg Newcorp Inc. | Steward Holy Family Hospital Inc | Steward Holy Family Hospital | 293 |
| 2024-10-01 | Lifespan Of Massachusetts - Fall River Inc | Steward St. Annes Hospital Corporation | Steward St. Annes Hospital | 154 |
| 2024-10-01 | Lifespan Of Massachusetts - Taunton Inc | Morton Hospital, A Steward Family... | Morton Hospital | 125 |
| 2024-10-01 | Bmc Community Hospital Corporation Ii | Steward St Elizabeths Medical... | Steward St. Elizabeths Medical Ctr | 244 |