dealflow
envelope $200M

← Targets

Selby General Hospital

Marietta, Washington County, OH · CCN 361319
Licensed to Selby General Hospital

Composite
32.2
rank score
Distress
25
FY2023
Fit
52
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • under 30 days cash on hand
  • occupancy 30-45%
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$73.0M
Operating margin 7.5%
Total margin 8.6%
Days cash on hand 0
Current ratio 6.38
Occupancy37%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 25 $43.0M $1.2M 0.2% 2.8% 0 0.79 26% 565 56
2021 25 $56.0M $5.7M 10.1% 10.1% 0 1.65 31% 744 28
2022 25 $73.3M $11.1M 14.7% 15.1% 0 4.61 38% 895 28
2023 25 $73.0M $6.4M 7.5% 8.6% 0 6.38 37% 1,155 25

Owners

OwnerRole%SinceType
Carol Schneeberger corporate director 2020-01
Christopher Cockerham corporate director 2020-01
Colleen Cook corporate director 2010-01
Elizabeth Helmick corporate director 2021-02
Gregg Emerick corporate director 2019-01
James Barengo corporate director 2014-01
Jody Bullman corporate officer 2001-01
John Lee corporate director 2015-01
Joseph Cooper corporate director 2003-01
Larry Unroe corporate director 2015-01
Michael Archer corporate director 2005-01
Michael Iaderosa corporate director 2002-10
Paul Westbrock corporate officer 2000-06
Rebekah Gilden w-2 managing employee 2018-09
Scott Silvestri corporate officer 2019-05
Sheryl Holdren corporate director 2017-01
Stephen Keiser corporate director 2019-01
Terry Rataiczak corporate director 2019-01
Thomas Danford corporate director 2005-01
Victoria Mcgee w-2 managing employee 2014-05

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
2025-01-01 Ohiohealth Morrow County Hospital Inc Morrow County Hospital Morrow County Hospital 23
2021-05-02 Adena Fayette Medical Center Fayette County Memorial Hospital Fayette County Memorial Hosp 25
2019-10-01 Adams County Regional Medical Center Adams County Hospital Adams County Regional Medical Center 25