Lewis County General Hospital
Lowville, Lewis County, NY
· CCN 331317
Licensed to Lewis County General Hospital
Composite
22.9
rank score
Distress
15
FY2023
Fit
40
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- liabilities exceed assets
- occupancy 30-45%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $84.1M |
| Operating margin | 72.8% |
| Total margin | 75.6% |
| Days cash on hand | 510 |
| Current ratio | 1.86 |
| Occupancy | 44% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $68.5M | $-3.4M | -25.1% | -4.2% | 140 | 2.15 | 46% | 1,026 | 58 |
| 2021 | 25 | $70.7M | $-6.3M | -21.0% | -7.9% | 122 | 1.82 | 57% | 1,107 | 58 |
| 2022 | 25 | $70.3M | $-5.0M | -17.6% | -6.4% | 103 | 1.59 | 44% | 759 | 61 |
| 2023 | 25 | $84.1M | $70.1M | 72.8% | 75.6% | 510 | 1.86 | 44% | 750 | 15 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cheryl Steckly | corporate officer | 2018-01 | ||
| Donald Musnicki | corporate officer | 2015-01 | ||
| Jeffrey Hellinger | corporate officer | 2016-10 | ||
| Jeffrey Hellinger | w-2 managing employee | 2016-10 | ||
| Jeffrey Hellinger | operational/managerial control | 2016-10 | ||
| Jennifer Jones | corporate officer | 2015-12 | ||
| John Lehman | corporate officer | 2020-01 | ||
| Karen Rennie | corporate director | 2019-01 | ||
| Kerry Herbine | corporate officer | 2022-01 | ||
| Kerry Herbine | operational/managerial control | 2022-01 | ||
| Marguerite Mastascusa | corporate officer | 2012-11 | ||
| Michael Young | corporate officer | 2010-10 | ||
| Philip Mcdowell | corporate officer | 2016-12 | ||
| Richard Chartrand | corporate officer | 2014-01 | ||
| Susan Ross | corporate officer | 2018-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.