dealflow
envelope $200M

← Targets

Arthur G James Cancer Hospital

Columbus, Franklin County, OH · CCN 360242
Licensed to Arthur G James Cancer Hospital And Research Institute

Composite
29.2
rank score
Distress
3
FY2024
Fit
70
vs thesis
Estimated ticket
$178M–$712M
356 beds · within envelope
Ownership
government
STH

Why it ranks here

  • margin slipping
  • urban — higher occupancy and iteration surface
  • large — ticket likely stretches the envelope
  • ticket size well above the envelope
  • strong occupancy — good iteration surface
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$2.2B
Operating margin 19.1%
Total margin 19.8%
Days cash on hand 757
Current ratio 36.36
Occupancy85%

Facility

Beds356
Facility typeSTH
Settingurban
Ownership classgovernment
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 351 $1.7B $368M 20.7% 21.4% 771 11.88 83% 14,988 0
2022 356 $1.8B $438M 23.0% 24.0% 793 19.99 79% 14,088 0
2023 356 $1.9B $450M 21.0% 22.6% 770 40.93 82% 14,448 0
2024 356 $2.2B $435M 19.1% 19.8% 757 36.36 85% 14,905 3

Owners

OwnerRole%SinceType
Ohio State University
Columbus, OH
5% or greater direct ownership interest 100 1990-10
Richard Silveria corporate director 100 2025-04
Richard Silveria operational/managerial control 100 2025-04
Bryan Pyles w-2 managing employee 2025-03
Bryan Pyles operational/managerial control 2025-03
Ryan Goerlitz w-2 managing employee 2022-01
Ryan Goerlitz operational/managerial control 2022-01

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