The Surgical Hospital At Southwoods
Youngstown, Mahoning County, OH
· CCN 360352
Licensed to The Surgery Center At Southwoods Llc
Composite
55.3
rank score
Distress
70
FY2023
Fit
60
vs thesis
Estimated ticket
$8.4M–$33.6M
24 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin -10% to -5%
- under 30 days cash on hand
- current ratio below 0.8
- debt above 70% of assets
- occupancy below 30%
- margin deteriorating
- urban — higher occupancy and iteration surface
- very small facility
- small ticket — deploys little of the available capital
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $192M |
| Operating margin | -7.6% |
| Total margin | 5.4% |
| Days cash on hand | 5 |
| Current ratio | 0.79 |
| Occupancy | 14% |
Facility
| Beds | 24 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 24 | $129M | $13.6M | 1.7% | 9.7% | 38 | 1.04 | 20% | 726 | 40 |
| 2021 | 24 | $150M | $14.2M | -1.5% | 8.5% | 16 | 1.05 | 16% | 515 | 54 |
| 2022 | 24 | $167M | $12.2M | -3.1% | 6.6% | 1 | 1.23 | 14% | 469 | 54 |
| 2023 | 24 | $192M | $11.7M | -7.6% | 5.4% | 5 | 0.79 | 14% | 457 | 70 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Edward Muransky Jr | 5% or greater indirect ownership interest | 54 | 2008-12 | |
| Muransky, Llc | 5% or greater direct ownership interest | 54 | 2021-12 | |
| Farmers National Bank Of Canfield | 5% or greater mortgage interest | 30 | 2024-09 | |
| First National Bank Of Pennsylvania | 5% or greater security interest | 9 | 2009-03 | |
| Wesbanco Inc. | 5% or greater mortgage interest | 9 | 2023-08 | |
| Angela Duskey | contracted managing employee | 2021-01 | ||
| Angela Duskey | corporate officer | 2021-01 | ||
| Angela Duskey | corporate director | 2024-08 | ||
| Angela Duskey | operational/managerial control | 2021-01 | ||
| Angela Kerns | corporate officer | 2008-12 | ||
| Angela Kerns | corporate director | 2008-12 | ||
| Angela Kerns | w-2 managing employee | 2008-10 | ||
| Angela Kerns | operational/managerial control | 2008-10 | ||
| Craig Richmond | contracted managing employee | 2024-08 | ||
| Craig Richmond | corporate officer | 2024-08 | ||
| Craig Richmond | corporate director | 2024-08 | ||
| Craig Richmond | operational/managerial control | 2024-08 | ||
| Edward Muransky Jr | contracted managing employee | 2009-04 | ||
| Edward Muransky Jr | corporate officer | 2009-04 | ||
| Edward Muransky Jr | corporate director | 2008-12 | ||
| Edward Muransky Jr | operational/managerial control | 2009-04 | ||
| Jennifer Capezzuto | corporate officer | 2023-02 | ||
| Jennifer Capezzuto | corporate director | 2023-02 | ||
| Jennifer Capezzuto | w-2 managing employee | 2023-02 | ||
| Jennifer Capezzuto | operational/managerial control | 2023-02 |
Showing 25 of 32. Full list via /api/targets/360352.
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 |