Chestnut Hill Benevolent Association
Chestnut Hill, Norfolk County, MA · CCN 221990
Composite
33.9
rank score
Distress
37
FY2023
Fit
43
vs thesis
Estimated ticket
$10.0M–$40.0M
20 beds ·
within envelope
Ownership
nonprofit
RNMHC
Why it ranks here
- operating margin below -10%
- 90-150 days cash on hand
- occupancy below 30%
- urban — higher occupancy and iteration surface
- very small facility
- small ticket — deploys little of the available capital
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $2.9M |
| Operating margin | -219.7% |
| Total margin | 15.5% |
| Days cash on hand | 131 |
| Current ratio | 2.51 |
| Occupancy | 20% |
Facility
| Beds | 20 |
| Facility type | RNMHC |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 20 | $3.1M | $907K | -161.0% | 9.9% | 97 | 1.80 | 20% | 28 | 41 |
| 2021 | 20 | $2.7M | $4.1M | -208.0% | 33.3% | 156 | 2.41 | 21% | 20 | 37 |
| 2022 | 20 | $2.8M | $-6.2M | -210.7% | -170.4% | 115 | 2.06 | 17% | 29 | 58 |
| 2023 | 20 | $2.9M | $1.7M | -219.7% | 15.5% | 131 | 2.51 | 20% | 27 | 37 |
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.