Henry Ford Health Macomb Hospital
Mt. Clemens, Macomb County, MI
· CCN 230047
Licensed to Henry Ford Macomb Hospital Corporation
Composite
51.3
rank score
Distress
52
FY2023
Fit
65
vs thesis
Estimated ticket
$135M–$541M
318 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- under 30 days cash on hand
- current ratio below 0.8
- margin deteriorating
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size well above the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $614M |
| Operating margin | -1.0% |
| Total margin | 3.8% |
| Days cash on hand | 0 |
| Current ratio | 0.63 |
| Occupancy | 74% |
Facility
| Beds | 318 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| 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 | 315 | $518M | $37.0M | -7.8% | 6.2% | 128 | 1.25 | 74% | 18,543 | 30 |
| 2021 | 303 | $594M | $33.1M | -2.0% | 5.2% | 22 | 0.67 | 85% | 18,888 | 51 |
| 2022 | 303 | $585M | $-34.1M | -6.9% | -5.8% | 0 | -0.20 | 81% | 17,805 | 70 |
| 2023 | 318 | $614M | $24.3M | -1.0% | 3.8% | 0 | 0.63 | 74% | 18,245 | 52 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Henry Ford Health System | 5% or greater direct ownership interest | 100 | 1966-07 | chain |
| Henry Ford Health Parent | 5% or greater indirect ownership interest | 80 | 2024-10 | |
| Ascension Health | 5% or greater indirect ownership interest | 20 | 2024-10 | |
| Anthony Tersigni | corporate director | 2024-10 | ||
| Barry Porter | corporate director | 2020-01 | ||
| Calvin Ford | corporate director | 2025-01 | ||
| Charles Mcclure | corporate director | 2014-07 | ||
| Daniel Phelan | corporate director | 2022-01 | ||
| David Breen | corporate director | 2015-01 | ||
| Edgar Vann | corporate director | 2015-01 | ||
| Edward Callaghan | corporate director | 2025-09 | ||
| Eugene Lovasco | corporate director | 2024-10 | ||
| Farzan Siddiqui | corporate director | 2024-01 | ||
| Frederiek Toney | corporate director | 2021-01 | ||
| Gerardo Norcia | corporate director | 2023-12 | ||
| Gregory Pflum | corporate director | 2025-09 | ||
| Gwendolyn Mackenzie | corporate director | 2025-09 | ||
| Jacalyn Goforth | corporate director | 2022-01 | ||
| Jason Williams | w-2 managing employee | 2024-10 | ||
| Jeffrey Fall | corporate director | 2025-09 | ||
| John Harris | corporate director | 2021-01 | ||
| Joseph Richardson | corporate director | 2016-01 | ||
| Lisa Fitzpatrick | corporate director | 2025-01 | ||
| Marjorie Staten | corporate officer | 2019-01 | ||
| Mary Ann Victor | corporate director | 2025-09 |
Showing 25 of 31. Full list via /api/targets/230047.
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 |