dealflow
envelope $200M

← Targets

Uh Ahuja Medical Center

dba Uh Ahuja Medical Center, Ahuja Medical Center · Beachwood, Cuyahoga County, OH · CCN 360359
Licensed to University Hospitals Ahuja Medical Center Inc

Composite
59.9
rank score
Distress
57
FY2023
Fit
86
vs thesis
Estimated ticket
$67.2M–$269M
158 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin -10% to -5%
  • total margin negative
  • under 30 days cash on hand
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$271M
Operating margin -5.8%
Total margin -2.6%
Days cash on hand 0
Current ratio 1.75
Occupancy66%

Facility

Beds158
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $425K
Per-bed (high) $1.7M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 145 $213M $26.5M 6.5% 11.8% 0 1.23 60% 8,325 26
2021 150 $246M $36.2M 13.7% 14.5% 0 1.71 67% 8,916 22
2022 153 $249M $9.9M 3.3% 3.9% 0 1.65 68% 8,818 22
2023 158 $271M $-7.3M -5.8% -2.6% 0 1.75 66% 8,953 57

Owners

OwnerRole%SinceType
University Hospitals Health System Inc
Shaker Heights, OH
5% or greater direct ownership interest 100 2010-10
University Hospitals Health System Inc
Shaker Heights, OH
operational/managerial control 100 2011-03
Cliff Megerian corporate officer 2021-01
Cliff Megerian corporate director 2021-01
Michelle Gallucci corporate officer 2025-07
William Benoit corporate officer 2024-11
William Benoit w-2 managing employee 2025-09

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