dealflow
envelope $200M

← Targets

Community Hospital Of Williams City

dba Parkview Bryan Hospital · Bryan, Williams County, OH · CCN 360121
Licensed to Community Hospitals And Wellness Centers

Composite
54.3
rank score
Distress
69
FY2023
Fit
54
vs thesis
Estimated ticket
$6.4M–$12.8M
75 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin under 2%
  • under 30 days cash on hand
  • current ratio under 1.5
  • occupancy below 30%
  • margin deteriorating sharply
  • part of a multi-hospital chain — divestiture candidate
  • rural — cheaper but limited density
  • bed count in the target band
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$91.4M
Operating margin -14.1%
Total margin 0.5%
Days cash on hand 22
Current ratio 1.33
Occupancy14%

Facility

Beds75
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 75 $64.0M $6.2M -11.8% 7.9% 170 1.07 17% 1,654 40
2021 75 $77.1M $2.7M -11.3% 3.1% 103 1.86 18% 1,620 41
2022 75 $82.4M $-9.0M -17.0% -10.3% 26 1.08 20% 1,652 79
2023 75 $91.4M $559K -14.1% 0.5% 22 1.33 14% 1,440 69

Owners

OwnerRole%SinceType
Parkview Health System Inc
Fort Wayne, IN
5% or greater direct ownership interest 100 2023-10 chain
Parkview Health System Inc
Fort Wayne, IN
operational/managerial control 100 2023-10 chain
Allyn Luce corporate officer 2023-01
Carolyn Sharrock-Dorsten corporate officer 2022-01
Chad Tinkel corporate officer 2019-03
Chad Tinkel corporate director 2019-03
Chad Tinkel w-2 managing employee 2019-03
Cinthia Reed corporate officer 2022-01
Elena West corporate officer 2021-01
James Watkins corporate officer 2021-08
Jennifer Horn corporate officer 2024-01
Jessica Lee-Hansen corporate officer 2025-08
Jessica Lee-Hansen w-2 managing employee 2025-08
Juli Johnson corporate officer 2025-06
Juli Johnson w-2 managing employee 2004-09
Karla Ball corporate officer 2024-01
Karla Ball corporate director 2024-01
Lars Eller corporate officer 2023-01
Richard Church corporate officer 2023-10
Richard Church corporate director 2023-10
Rick Henvey corporate officer 2006-12
Russell Davies corporate officer 2022-01
Seth Miller corporate officer 2025-01

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.

DateBuyerSellerHospitalBeds
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