dealflow
envelope $200M

← Targets

Uh St. John Medical Center

Westlake, Cuyahoga County, OH · CCN 360123
Licensed to University Hospitals St. John Medical Center

Composite
36.8
rank score
Distress
20
FY2023
Fit
70
vs thesis
Estimated ticket
$12.5M–$25.0M
125 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • under 30 days cash on hand
  • rural — cheaper but limited density
  • bed count in the target band
  • small ticket — deploys little of the available capital
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$221M
Operating margin 6.8%
Total margin 10.0%
Days cash on hand 0
Current ratio 2.77
Occupancy62%

Facility

Beds125
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 166 $155M $-458K -6.4% -0.3% 1 0.56 43% 7,097 71
2021 122 $188M $15.2M 3.6% 7.7% 1 0.90 63% 6,700 31
2022 126 $211M $21.7M 6.5% 9.9% 0 1.82 61% 6,964 22
2023 125 $221M $22.9M 6.8% 10.0% 0 2.77 62% 6,941 20

Owners

OwnerRole%SinceType
University Hospitals Health System Inc
Shaker Heights, OH
5% or greater direct ownership interest 100 2010-01
Brian Monter corporate officer 2024-07
Brian Monter w-2 managing employee 2024-07
Cliff Megerian corporate officer 2021-01
Cliff Megerian corporate director 2021-01
Michelle Gallucci corporate officer 2025-07

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