St. Elizabeth Health Center
dba Mh St Elizabeth Youngstown Hospital ·
Youngstown, Mahoning County, OH
· CCN 360064
Licensed to Mercy Health Youngstown, Llc
Composite
51.5
rank score
Distress
44
FY2023
Fit
74
vs thesis
Estimated ticket
$32.3M–$64.6M
323 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin under 2%
- under 30 days cash on hand
- current liabilities exceed current assets
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- large — ticket likely stretches the envelope
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $460M |
| Operating margin | 0.7% |
| Total margin | 2.6% |
| Days cash on hand | 1 |
| Current ratio | 0.80 |
| Occupancy | 76% |
Facility
| Beds | 323 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 339 | $398M | $49.6M | 2.4% | 11.3% | 0 | 0.83 | 66% | 17,106 | 42 |
| 2021 | 341 | $463M | $21.1M | 2.9% | 4.5% | 3 | 17.74 | 74% | 18,501 | 22 |
| 2022 | 341 | $462M | $3.2M | -2.7% | 0.7% | 0 | 0.72 | 72% | 18,417 | 59 |
| 2023 | 323 | $460M | $12.4M | 0.7% | 2.6% | 1 | 0.80 | 76% | 19,340 | 44 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bon Secours Mercy Health Inc | 5% or greater direct ownership interest | 100 | 2020-01 | chain |
| Carla Baldwin | corporate director | 2026-01 | ||
| Edward Novosel | corporate director | 2020-01 | ||
| Erin Bishop | corporate director | 2024-01 | ||
| Germaine Bennett | corporate director | 2019-01 | ||
| Jessica Simon | corporate director | 2023-01 | ||
| John Luellen | corporate director | 2018-11 | ||
| John Starcher | operational/managerial control | 2016-02 | ||
| Joseph Mosca | corporate director | 2020-01 | ||
| Juan Santiago | corporate director | 2022-01 | ||
| Kimberly Ralston | w-2 managing employee | 2017-10 | ||
| Lewis Macklin | corporate director | 2018-02 | ||
| Martha Bushey | corporate director | 2025-01 | ||
| Michelle Crawford | corporate officer | 2021-01 | ||
| Michelle Crawford | corporate director | 2021-01 | ||
| Michelle Crawford | w-2 managing employee | 2021-01 | ||
| Mildred Ely | corporate director | 2018-02 | ||
| Rachel Hrbolich | corporate director | 2024-01 |
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 |