Umass Memorial Medical Center
dba Umass Memorial Medical Center, Inc. ·
Worcester, Worcester County, MA
· CCN 220163
Licensed to Umass Memorial Medical Center Inc
Composite
59.7
rank score
Distress
82
FY2023
Fit
57
vs thesis
Estimated ticket
$48.4M–$96.9M
692 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio below 0.8
- debt above 70% of assets
- margin deteriorating sharply
- rural — cheaper but limited density
- very large — likely out of range
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $2.1B |
| Operating margin | -12.6% |
| Total margin | -3.1% |
| Days cash on hand | 8 |
| Current ratio | 0.35 |
| Occupancy | 98% |
Facility
| Beds | 692 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 655 | $1.6B | $46.4M | -25.2% | 2.3% | 52 | 1.08 | 89% | 34,295 | 52 |
| 2021 | 651 | $1.8B | $64.4M | -18.7% | 3.0% | 42 | 0.72 | 98% | 34,974 | 58 |
| 2022 | 657 | $1.9B | $-83.7M | -23.6% | -3.7% | 14 | 0.92 | 101% | 35,033 | 71 |
| 2023 | 692 | $2.1B | $-71.6M | -12.6% | -3.1% | 8 | 0.35 | 98% | 37,456 | 82 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Autumn Furey | w-2 managing employee | 2016-10 | ||
| Brian Huggins | corporate officer | 2025-06 | ||
| Carol Makowski | w-2 managing employee | 2016-10 | ||
| David Bennett | operational/managerial control | 2019-04 | ||
| Debra Wooldridge | w-2 managing employee | 2015-11 | ||
| Elvira Guardiola | operational/managerial control | 2019-04 | ||
| Eric Dickson | corporate director | 2014-03 | ||
| Evan Benjamin | operational/managerial control | 2024-03 | ||
| Heidi Nano | w-2 managing employee | 2019-12 | ||
| Jean King Fray | operational/managerial control | 2024-03 | ||
| Jean Mcmurray | operational/managerial control | 2024-03 | ||
| John Shea | operational/managerial control | 2024-03 | ||
| Justin Precourt | corporate officer | 2024-11 | ||
| Leslie Bovenzi | operational/managerial control | 2024-03 | ||
| Lisa Colombo | operational/managerial control | 2024-03 | ||
| Lynda Young | operational/managerial control | 2019-04 | ||
| Marilyn Amaya | w-2 managing employee | 2019-04 | ||
| Maureen Podesta | w-2 managing employee | 2019-04 | ||
| Melissa Lennon | w-2 managing employee | 2020-01 | ||
| Michael Collins | operational/managerial control | 2019-04 | ||
| Michael O'brien | operational/managerial control | 2024-03 | ||
| Nancy Kane | operational/managerial control | 2019-04 | ||
| Raymond Pawlicki | operational/managerial control | 2019-04 | ||
| Richard Siegrist | operational/managerial control | 2019-04 | ||
| Robert Paulhus | operational/managerial control | 2024-03 |
Showing 25 of 29. Full list via /api/targets/220163.
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 |