dealflow
envelope $200M

← Targets

Monadnock Community Hospital

Peterborough, Hillsborough County, NH · CCN 301309
Licensed to Monadnock Community Hospital

Composite
33.0
rank score
Distress
29
FY2023
Fit
50
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin -10% to -5%
  • 90-150 days cash on hand
  • current ratio under 1.5
  • 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$93.0M
Operating margin -8.5%
Total margin 13.7%
Days cash on hand 108
Current ratio 1.06
Occupancy46%

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 $68.9M $6.2M -26.0% 6.7% 145 1.09 47% 1,061 38
2021 25 $80.2M $21.4M -6.0% 20.1% 127 0.98 41% 924 41
2022 25 $85.8M $-9.9M -9.4% -10.2% 126 1.01 48% 1,000 49
2023 25 $93.0M $16.0M -8.5% 13.7% 108 1.06 46% 1,059 29

Owners

OwnerRole%SinceType
Carolyn Garretson corporate director 2019-01
Cassandra Clark corporate director 2022-01
Edward Madigan corporate director 2024-01
Eric Lasky corporate director 2021-01
Gregory Neilley corporate director 2024-01
Iris Waitt corporate director 2022-01
James Callahan corporate director 2018-01
Jeffrey Crocker corporate director 2017-01
Kevin Beaulieu corporate director 2025-01
Linda Roche corporate director 2025-01
Melanie Presnell corporate director 2025-01
Patricia Shuster corporate director 2017-01
Paul Faber corporate director 2018-01
Paula Hunter corporate director 2022-01
Peter Cerroni corporate director 2017-01
Richard Scheinblum corporate officer 2007-03
Richard Scheinblum w-2 managing employee 2007-03
Richard Scheinblum operational/managerial control 2007-03
Rochelle Manuel-Sokol contracted managing employee 2026-03
Rochelle Manuel-Sokol corporate director 2026-03
Rochelle Manuel-Sokol w-2 managing employee 2026-03
Rochelle Manuel-Sokol operational/managerial control 2026-03
Stephen Lehmkuhl corporate director 2023-04
Steve Kim corporate director 2024-01
Terrence Mcnamara corporate director 2023-10

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