The Christ Hospital
Cincinnati, Hamilton County, OH
· CCN 360163
Licensed to Christ Hospital
Composite
15.8
rank score
Distress
32
FY2024
Fit
62
vs thesis
Estimated ticket
$221M–$884M
442 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin under 2%
- under 30 days cash on hand
- margin deteriorating
- urban — higher occupancy and iteration surface
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $1.0B |
| Operating margin | 0.4% |
| Total margin | 15.1% |
| Days cash on hand | 23 |
| Current ratio | 9.06 |
| Occupancy | 64% |
Facility
| Beds | 442 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 458 | $838M | $173M | 10.6% | 18.8% | 48 | 7.46 | 60% | 21,132 | 19 |
| 2022 | 464 | $892M | $9.2M | -6.0% | 1.0% | 16 | 8.13 | 63% | 25,228 | 48 |
| 2023 | 444 | $921M | $110M | 0.1% | 10.7% | 7 | 10.04 | 62% | 26,262 | 29 |
| 2024 | 442 | $1.0B | $178M | 0.4% | 15.1% | 23 | 9.06 | 64% | 26,219 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Amy Hanson | corporate director | 2020-01 | ||
| Barbara Turner | corporate director | 2021-01 | ||
| Cassie Smith | w-2 managing employee | 2025-02 | ||
| Christina Hicks | w-2 managing employee | 2025-02 | ||
| Corey Heller | w-2 managing employee | 2025-08 | ||
| Deborah Hayes | corporate officer | 2021-05 | ||
| Deborah Hayes | w-2 managing employee | 2021-05 | ||
| Deborah Majoras | corporate director | 2014-01 | ||
| Elizabeth Mills | w-2 managing employee | 2025-08 | ||
| George Vincent | corporate officer | 2012-09 | ||
| George Vincent | corporate director | 2007-03 | ||
| Geraldine Vehr | corporate director | 2017-09 | ||
| Glen Mayfield | corporate director | 2007-03 | ||
| Heather Wilson | w-2 managing employee | 2025-08 | ||
| Jennifer Manders | corporate director | 2019-10 | ||
| Jenny Collopy | w-2 managing employee | 2025-08 | ||
| John Burns | corporate director | 2025-01 | ||
| John Lanier | corporate director | 2019-07 | ||
| Joseph Head | corporate director | 2011-10 | ||
| Marcus Romanello | w-2 managing employee | 2025-08 | ||
| Matthew Shuler | w-2 managing employee | 2025-08 | ||
| Matthew Strange | w-2 managing employee | 2025-08 | ||
| Patrick Lafley | corporate director | 2019-07 | ||
| R Clark | corporate director | 2009-01 | ||
| Rob Heimann | corporate director | 2014-05 |
Showing 25 of 31. Full list via /api/targets/360163.
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 |