Alice Peck Day Memorial Hospital
Lebanon, NH
· CCN 301305
Licensed to Alice Peck Day Memorial Hospital
Composite
18.4
rank score
Distress
0
FY2024
Fit
46
vs thesis
Estimated ticket
$2.0M–$4.1M
24 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $108M |
| Operating margin | 3.7% |
| Total margin | 11.3% |
| Days cash on hand | 197 |
| Current ratio | 2.84 |
| Occupancy | 63% |
Facility
| Beds | 24 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 24 | $78.7M | $9.6M | 1.9% | 11.1% | 206 | 1.35 | 50% | 466 | 12 |
| 2022 | 24 | $93.8M | $13.1M | 3.8% | 12.5% | 163 | 1.82 | 50% | 605 | 2 |
| 2023 | 24 | $94.3M | $11.0M | -1.5% | 10.3% | 162 | 2.35 | 58% | 704 | 18 |
| 2024 | 24 | $108M | $13.2M | 3.7% | 11.3% | 197 | 2.84 | 63% | 720 | 0 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Dartmouth-Hitchcock Health | operational/managerial control | 100 | 2016-03 | |
| Michael Lynch | corporate officer | 2 | 2025-10 | |
| Anna Adachi-Mejia | corporate director | 2023-01 | ||
| Barbara Moore | corporate director | 2020-04 | ||
| Charles Wheelan | corporate director | 2018-01 | ||
| Christopher Hubble | corporate director | 2024-01 | ||
| Clayton Adams | corporate director | 2018-01 | ||
| Courtney Tanner | corporate director | 2024-01 | ||
| Cybele Merrick | corporate director | 2021-01 | ||
| David Duncan | corporate director | 2022-01 | ||
| Gerard Duprat | corporate director | 2022-01 | ||
| H. Sloane Mayor | corporate director | 2022-01 | ||
| Jennifer Schiffman | corporate director | 2017-01 | ||
| Jenny Barba | corporate director | 2022-01 | ||
| Laura Gillespie | corporate director | 2024-01 | ||
| Laura Greer | corporate director | 2023-01 | ||
| Marisa Devlin | corporate director | 2018-01 | ||
| Michael Lynch | w-2 managing employee | 2025-10 | ||
| Michele Perkins | corporate director | 2025-01 | ||
| Patricia Drew | operational/managerial control | 2025-09 | ||
| Patrick Jordan | corporate director | 2019-01 | ||
| Scott Rodi | corporate director | 2019-01 | ||
| Susan Mooney | corporate officer | 2012-10 | ||
| Susan Mooney | w-2 managing employee | 2012-10 | ||
| Tegan Deogburn | corporate director | 2023-12 |
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-Franklin | Lrghealthcare | Concord Hospital - Franklin | 25 |