Pontiac General Hospital
Pontiac, Oakland County, MI · CCN 230013
Composite
32.5
rank score
Distress
16
FY2023
Fit
63
vs thesis
Estimated ticket
$23.5M–$94.0M
47 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- 30-60 days cash on hand
- urban — higher occupancy and iteration surface
- small but workable bed count
- ticket size somewhat below the envelope
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $34.0M |
| Operating margin | 18.6% |
| Total margin | 23.9% |
| Days cash on hand | 56 |
| Current ratio | 5.11 |
| Occupancy | — |
Facility
| Beds | 47 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| 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 | 47 | $20.7M | $5.7M | -14.9% | 19.2% | 72 | 1.56 | 7% | 405 | 47 |
| 2021 | 47 | $28.5M | $7.4M | 7.7% | 22.0% | 33 | 3.52 | 5% | 192 | 26 |
| 2022 | 47 | $23.3M | $-3.3M | -25.1% | -12.8% | 8 | 3.14 | 2% | 99 | 76 |
| 2023 | 47 | $34.0M | $8.7M | 18.6% | 23.9% | 56 | 5.11 | — | — | 16 |
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 MI
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 |
|---|---|---|---|---|
| 2018-07-01 | St Joseph Mercy Chelsea Inc | Trinity Health-Michigan | Chelsea Hospital | 79 |