Wooster Community Hospital
Wooster, Wayne County, OH
· CCN 360036
Licensed to City Of Wooster
Composite
30.4
rank score
Distress
11
FY2023
Fit
64
vs thesis
Estimated ticket
$11.2M–$22.4M
112 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- total margin under 2%
- occupancy 45-60%
- margin deteriorating
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- moderate occupancy
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $160M |
| Operating margin | 3.4% |
| Total margin | 1.5% |
| Days cash on hand | 261 |
| Current ratio | 7.29 |
| Occupancy | 45% |
Facility
| Beds | 112 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 104 | $130M | $7.3M | -2.7% | 4.8% | 314 | 5.40 | 42% | 5,019 | 21 |
| 2021 | 104 | $153M | $8.2M | 8.4% | 5.0% | 311 | 6.06 | 49% | 5,420 | 2 |
| 2022 | 104 | $151M | $-690K | 2.6% | -0.4% | 267 | 9.03 | 44% | 5,006 | 13 |
| 2023 | 112 | $160M | $2.6M | 3.4% | 1.5% | 261 | 7.29 | 45% | 5,334 | 11 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| City Of Wooster | 5% or greater direct ownership interest | 100 | 1966-09 | |
| Jason Rohr | corporate officer | 2024-06 | ||
| Scott Boyes | corporate officer | 1999-04 | ||
| Scott Boyes | corporate director | 1999-04 | ||
| Scott Boyes | w-2 managing employee | 1999-04 |
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 |