Fairview Hospital
Great Barrington, Berkshire County, MA
· CCN 221302
Licensed to Fairview Hospital
Composite
27.7
rank score
Distress
25
FY2023
Fit
41
vs thesis
Estimated ticket
$2.0M–$4.1M
24 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- under 30 days cash on hand
- occupancy 30-45%
- urban — higher occupancy and iteration surface
- very small facility
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $90.0M |
| Operating margin | 8.4% |
| Total margin | 19.2% |
| Days cash on hand | 1 |
| Current ratio | 3.65 |
| Occupancy | 33% |
Facility
| Beds | 24 |
| Facility type | CAH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 24 | $74.1M | $10.6M | 6.9% | 13.3% | 0 | 1.25 | 33% | 799 | 31 |
| 2021 | 24 | $85.7M | $28.4M | 19.1% | 29.0% | 33 | 1.40 | 36% | 843 | 26 |
| 2022 | 24 | $94.5M | $32.6M | 19.8% | 30.1% | 29 | 2.21 | 40% | 872 | 28 |
| 2023 | 24 | $90.0M | $19.6M | 8.4% | 19.2% | 1 | 3.65 | 33% | 712 | 25 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Berkshire Health System Inc | 5% or greater indirect ownership interest | 100 | 1987-10 | |
| Bhs Management Services Inc | operational/managerial control | 100 | 1990-01 | |
| Albert Bravo | corporate director | 2019-04 | ||
| Alec Belman | corporate director | 2022-10 | ||
| Alfred Barbalunga | corporate director | 2017-09 | ||
| Anakatina Cordon Suffish | corporate officer | 2022-08 | ||
| Anthony Scibelli | corporate director | 2024-09 | ||
| Barton Raser | corporate director | 2012-01 | ||
| Cheryl Boudreau | corporate officer | 2005-01 | ||
| Darlene Rodowicz | corporate officer | 2005-01 | ||
| David Hall | corporate director | 2019-01 | ||
| David Moresi | corporate director | 2022-08 | ||
| Deborah Renzi | corporate director | 2024-01 | ||
| Doreen Hutchinson | w-2 managing employee | 1994-06 | ||
| Edith Dobelle | corporate director | 2017-09 | ||
| Edmund Hornstein | corporate director | 2022-01 | ||
| Frederick Puddester | corporate director | 2023-01 | ||
| James Lederer | corporate officer | 2020-01 | ||
| Jeannette Smith | corporate director | 2024-01 | ||
| John Loiodice | corporate director | 2022-10 | ||
| Kathleen Mccormick | corporate director | 2023-01 | ||
| Laurie Moffatt | corporate director | 2023-01 | ||
| Leticia S Haynes | corporate director | 2021-01 | ||
| Richard Alcombright | corporate director | 2019-01 | ||
| Robert Cella | corporate director | 2017-09 |
Showing 25 of 29. Full list via /api/targets/221302.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.