Wentworth Douglass Hospital
Dover, NH
· CCN 300018
Licensed to Wentworth Douglass Hospital
Composite
31.2
rank score
Distress
0
FY2023
Fit
78
vs thesis
Estimated ticket
$59.0M–$236M
118 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $550M |
| Operating margin | 14.7% |
| Total margin | 17.5% |
| Days cash on hand | 157 |
| Current ratio | 10.56 |
| Occupancy | 99% |
Facility
| Beds | 118 |
| Facility type | STH |
| 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 | 118 | $343M | $6.0M | -4.0% | 1.6% | 115 | 3.77 | 75% | 8,141 | 23 |
| 2021 | 118 | $452M | $99.0M | 12.1% | 19.5% | 199 | 5.10 | 84% | 7,439 | 0 |
| 2022 | 118 | $501M | $71.0M | 10.7% | 13.7% | 149 | 8.01 | 101% | 8,012 | 4 |
| 2023 | 118 | $550M | $99.4M | 14.7% | 17.5% | 157 | 10.56 | 99% | 8,374 | 0 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| The General Hospital Corporation | other | 100 | 2017-01 | |
| Anne Jamieson | corporate director | 2021-06 | ||
| Anne Klibanski | operational/managerial control | 2024-01 | ||
| Arul Mahadevan | corporate officer | 2024-08 | ||
| Arul Mahadevan | corporate director | 2022-08 | ||
| Cynthia Paciulli | corporate officer | 2024-08 | ||
| Cynthia Paciulli | corporate director | 2022-08 | ||
| Darin Roark | corporate officer | 2023-07 | ||
| Darin Roark | operational/managerial control | 2023-07 | ||
| David Staples | corporate director | 2024-08 | ||
| Debbie Dube Reed | corporate director | 2022-08 | ||
| Ingo Roemer | corporate director | 2017-01 | ||
| Joanna Hazell | corporate director | 2024-01 | ||
| Joel Degenaars | corporate director | 2022-01 | ||
| John Fangman | corporate director | 2025-07 | ||
| John Novello | corporate officer | 2024-08 | ||
| John Novello | corporate director | 2017-01 | ||
| Lloyd Hamm | corporate director | 2025-07 | ||
| Lukas Kolm | corporate director | 2023-01 | ||
| Michael Ferrara | corporate director | 2024-08 | ||
| Michelle Kurtz | corporate officer | 2024-08 | ||
| Michelle Kurtz | corporate director | 2022-08 | ||
| Thomas Torr | corporate director | 2024-08 | ||
| Vincent Mcdermott | corporate director | 2023-08 |
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 NH
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 |
|---|---|---|---|---|
| 2021-05-01 | Concord Hospital-Laconia | Lrghealthcare | Concord Hospital - Laconia | 86 |
| 2020-03-01 | Fmh Health Services, Llc | Frisbie Memorial Hospital | Frisbie Memorial Hospital | 39 |