Inspira Medical Center Mullica Hill
Mullica Hill, Gloucester County, NJ
· CCN 310069
Licensed to Inspira Medical Centers Inc
Composite
36.4
rank score
Distress
23
FY2023
Fit
65
vs thesis
Estimated ticket
$143M–$572M
286 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- current ratio under 1.5
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size well above the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $479M |
| Operating margin | 2.9% |
| Total margin | 8.5% |
| Days cash on hand | 24 |
| Current ratio | 1.35 |
| Occupancy | 67% |
Facility
| Beds | 286 |
| 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 | 275 | $283M | $9.6M | -3.4% | 3.1% | 228 | 1.30 | 57% | 11,936 | 21 |
| 2021 | 275 | $386M | $42.1M | 8.1% | 10.5% | 140 | 1.38 | 65% | 13,139 | 8 |
| 2022 | 275 | $429M | $25.6M | 2.6% | 5.7% | 55 | 1.43 | 63% | 12,930 | 20 |
| 2023 | 286 | $479M | $43.5M | 2.9% | 8.5% | 24 | 1.35 | 67% | 14,423 | 23 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Amy Mansue | corporate officer | 100 | 2020-09 | |
| Amy Mansue | w-2 managing employee | 100 | 2020-09 | |
| Amy Mansue | operational/managerial control | 100 | 2020-09 | |
| Inspira Health Network Inc | 5% or greater direct ownership interest | 100 | 2008-05 | |
| Jeffrey Smaniotto | w-2 managing employee | 100 | 2023-07 | |
| Lydia Stockman | corporate officer | 100 | 2023-01 | |
| Lydia Stockman | w-2 managing employee | 100 | 2023-01 | |
| Lydia Stockman | operational/managerial control | 100 | 2023-01 | |
| Owen Giryluk | w-2 managing employee | 100 | 2015-01 | |
| Warren Moore | corporate officer | 100 | 2021-07 | |
| Warren Moore | w-2 managing employee | 100 | 2021-07 | |
| Warren Moore | operational/managerial control | 100 | 2021-07 | |
| William Pelino | corporate officer | 100 | 2023-02 | |
| William Pelino | w-2 managing employee | 100 | 2023-02 | |
| William Pelino | operational/managerial control | 100 | 2023-02 | |
| James O'connell | w-2 managing employee | 2008-05 |
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 NJ
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 |
|---|---|---|---|---|
| 2022-12-21 | Capital Health System, Inc. | St. Francis Medical Center | Capital Health Regional Medical Ctr | 179 |
| 2022-01-01 | Eoh Acquisition Group, Llc | Prospect Eogh Inc | East Orange General Hospital | 159 |
| 2021-07-01 | Hmh Hospitals Corporation | Community Hospital Group Inc | Jfk University Medical Center | 353 |
| 2018-07-01 | Ahs Hospital Corp | General Conference Of Seventh Day... | Hackettstown Medical Center | 95 |
| 2018-01-01 | Njmhmc, Llc | Mha Llc | Hudson Regional Hospital | 102 |
| 2018-01-01 | Hmh Hospitals Corporation | Meridian Hospitals Corporation | Riverview Medical Center | 267 |
| 2018-01-01 | Hmh Hospitals Corporation | Meridian Hospitals Corporation | Bayshore Medical Center | 175 |
| 2018-01-01 | Hmh Hospitals Corporation | Meridian Hospitals Corporation | Hmh -Ocean University Medical Center | 313 |
| 2018-01-01 | Hmh Hospitals Corporation | Meridian Hospitals Corporation | Jersey Shore University Med Ctr | 580 |
| 2018-01-01 | Hmh Hospitals Corporation | Meridian Hospitals Corporation | Southern Ocean Medical Center | 156 |
| 2018-01-01 | Hmh Hospitals Corporation | Palisades Medical Center | Palisades Medical Center | 186 |
| 2018-01-01 | Hmh Hospitals Corporation | Raritan Bay Medical Center | Raritan Bay Medical Center | 270 |