Henry Ford West Bloomfield Hospital
West Bloomfield, Oakland County, MI
· CCN 230302
Licensed to Henry Ford Health System
Composite
26.7
rank score
Distress
0
FY2023
Fit
62
vs thesis
Estimated ticket
$19.1M–$38.2M
191 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $468M |
| Operating margin | 6.1% |
| Total margin | 7.2% |
| Days cash on hand | 165 |
| Current ratio | 1.56 |
| Occupancy | 85% |
Facility
| Beds | 191 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 191 | $239M | $-77.4M | -52.7% | -26.9% | 353 | 1.45 | 71% | 13,150 | 48 |
| 2021 | 191 | $433M | $36.7M | 7.2% | 8.4% | 244 | 1.17 | 80% | 13,711 | 3 |
| 2022 | 191 | $446M | $33.5M | 5.5% | 7.4% | 338 | 1.75 | 82% | 14,384 | 0 |
| 2023 | 191 | $468M | $34.2M | 6.1% | 7.2% | 165 | 1.56 | 85% | 15,070 | 0 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Henry Ford Health Parent | 5% or greater direct ownership interest | 80 | 2024-10 | chain |
| Ascension Health | 5% or greater direct 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 | 2025-01 | ||
| 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 | 2025-01 | ||
| Gwendolyn Mackenzie | corporate director | 2025-01 | ||
| Jacalyn Goforth | corporate director | 2022-01 | ||
| Jason Williams | corporate officer | 2024-10 | ||
| Jason Williams | w-2 managing employee | 2024-10 | ||
| Jeffrey Fall | corporate director | 2025-01 | ||
| 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/230302.
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 |