Pomerene Hospital
Millersburg, Holmes County, OH · CCN 360148
Composite
28.2
rank score
Distress
15
FY2023
Fit
54
vs thesis
Estimated ticket
$4.1M–$8.2M
41 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- 90-150 days cash on hand
- occupancy below 30%
- margin slipping
- rural — cheaper but limited density
- small but workable bed count
- 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 | $40.5M |
| Operating margin | 5.4% |
| Total margin | 10.4% |
| Days cash on hand | 99 |
| Current ratio | 5.95 |
| Occupancy | 22% |
Facility
| Beds | 41 |
| 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 | 41 | $38.1M | $5.2M | 1.7% | 12.3% | 118 | 2.42 | 29% | 1,516 | 20 |
| 2021 | 41 | $43.8M | $8.7M | 5.6% | 17.4% | 139 | 7.57 | 31% | 1,540 | 10 |
| 2022 | 41 | $38.9M | $4.0M | 9.4% | 10.3% | 134 | 8.22 | 24% | 1,270 | 13 |
| 2023 | 41 | $40.5M | $4.4M | 5.4% | 10.4% | 99 | 5.95 | 22% | 1,437 | 15 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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 |