dealflow
envelope $200M

← Targets

Valley Regional Hospital

Claremont, Sullivan County, NH · CCN 301308
Licensed to Valley Regional Hospital Inc

Composite
25.4
rank score
Distress
12
FY2023
Fit
50
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin under 2%
  • 90-150 days cash on hand
  • occupancy 45-60%
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$62.8M
Operating margin 1.5%
Total margin 7.6%
Days cash on hand 110
Current ratio 3.30
Occupancy47%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 25 $41.8M $3.0M -11.6% 6.1% 218 1.59 40% 499 33
2021 25 $46.2M $9.4M -2.5% 16.6% 176 1.80 37% 455 21
2022 25 $54.3M $2.7M 0.3% 4.3% 142 2.66 46% 648 13
2023 25 $62.8M $5.1M 1.5% 7.6% 110 3.30 47% 543 12

Owners

OwnerRole%SinceType
Alan Keiller corporate director 2014-01
Bryan Huot corporate director 2019-01
Carol Vivian corporate director 2024-08
Deanna Howard corporate director 2014-01
Eric Crainich corporate director 2019-01
John Tansey corporate director 2014-01
Juliann Barrett corporate director 2020-06
Lisa Richmond corporate director 2019-01
Matthew Foster corporate officer 2024-12
Matthew Foster w-2 managing employee 2024-12
Matthew Houde corporate director 2014-01
Matthew Mathiesen contracted managing employee 2025-11
Matthew Mathiesen corporate officer 2025-11
Matthew Mathiesen corporate director 2025-11
Michael Fuerst corporate director 2022-12
Pam Brown corporate director 2017-01
Patricia Putnam corporate director 2013-02
Patrick Jordan corporate director 2018-01
Samuel Shields corporate director 2020-12
Steven Surgenor corporate director 2014-01
Terri Decker corporate director 2018-01
Thomas Sullivan corporate director 2017-01
Valley Regional Healthcare, Inc.
Claremont, NH
operational/managerial control 1986-01
Vincent Fusca corporate director 2012-01

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.

DateBuyerSellerHospitalBeds
2021-05-01 Concord Hospital-Franklin Lrghealthcare Concord Hospital - Franklin 25