Univer.of Cincinnati Med Center Llc
Cincinnati, OH
· CCN 360003
Licensed to University Of Cincinnati Medical Center, Llc
Composite
28.6
rank score
Distress
0
FY2024
Fit
72
vs thesis
Estimated ticket
$57.0M–$114M
570 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- rural — cheaper but limited density
- very large — likely out of range
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $1.7B |
| Operating margin | 5.0% |
| Total margin | 10.7% |
| Days cash on hand | — |
| Current ratio | 8.66 |
| Occupancy | 84% |
Facility
| Beds | 570 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 518 | $1.1B | $93.3M | -4.2% | 7.6% | 1 | 6.80 | 81% | 23,071 | 38 |
| 2022 | 507 | $1.1B | $121M | 1.6% | 10.2% | — | 6.26 | 80% | 20,592 | 9 |
| 2023 | 548 | $1.3B | $142M | 2.8% | 10.1% | — | 8.44 | 77% | 22,155 | 0 |
| 2024 | 570 | $1.7B | $191M | 5.0% | 10.7% | — | 8.66 | 84% | 26,649 | 0 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brian Veneman | w-2 managing employee | 2014-10 | ||
| Charmaine Rochester | corporate officer | 2024-10 | ||
| Craig Cain | w-2 managing employee | 2012-04 | ||
| Sarah Kohlhause | w-2 managing employee | 2015-05 | ||
| Uc Health Llc | operational/managerial control | 2007-10 |
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 OH
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 |
|---|---|---|---|---|
| 2022-03-01 | Mercy Health - St Vincent Medical... | Mercy Health-St Charles Hospital Llc | St Vincent Medical Center | 516 |
| 2022-03-01 | Mercy Health - St Vincent Medical... | Mercy Health-St Charles Hospital Llc | St Vincent Medical Center | 516 |
| 2022-03-01 | Mercy Health - St Vincent Medical... | Mercy Health-St Charles Hospital Llc | St Vincent Medical Center | 516 |
| 2022-03-01 | Mercy Health - St Vincent Medical... | Mercy Health - St Anne Hospital Llc | St Vincent Medical Center | 516 |
| 2020-10-01 | The Good Samaritan Hospital Of... | Trihealth Hospital, Inc | Good Samaritan Hospital | 362 |
| 2019-04-01 | Ohiohealth Berger Hospital Llc | Berger Hospital | Berger Hospital | 83 |
| 2018-12-02 | The Toledo Hospital | Flower Hospital | The Toledo Hospital | 730 |
| 2016-10-31 | Prime Healthcare Foundation -... | Coshocton County Memorial Hospital... | Coshocton Regional Medical Center | 56 |