Chwc-Montpelier
dba Parkview Montpelier Hospital ·
Montpelier, Williams County, OH
· CCN 361327
Licensed to Community Hospitals And Wellness Centers
Composite
28.9
rank score
Distress
21
FY2023
Fit
48
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- current ratio under 1.5
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $24.9M |
| Operating margin | 38.7% |
| Total margin | 3.5% |
| Days cash on hand | 151 |
| Current ratio | 1.33 |
| Occupancy | 29% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $13.1M | $6.2M | -6.1% | 30.8% | 860 | 1.07 | 35% | 10 | 31 |
| 2021 | 25 | $15.3M | $2.7M | 5.8% | 15.8% | 605 | 1.86 | 29% | 27 | 9 |
| 2022 | 25 | $12.3M | $-9.0M | -11.5% | -192.7% | 179 | 1.08 | 23% | 4 | 57 |
| 2023 | 25 | $24.9M | $559K | 38.7% | 3.5% | 151 | 1.33 | 29% | 4 | 21 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Parkview Health System Inc | 5% or greater direct ownership interest | 100 | 2023-10 | |
| Parkview Health System Inc | operational/managerial control | 100 | 2023-10 | |
| Allyn Luce | corporate director | 2023-01 | ||
| Carolyn Sharrock-Dorsten | corporate director | 2022-01 | ||
| Chad Tinkel | corporate officer | 2020-04 | ||
| Chad Tinkel | corporate director | 2020-04 | ||
| Chad Tinkel | w-2 managing employee | 2020-04 | ||
| Christopher Kannel | corporate director | 2018-01 | ||
| Cinthia Reed | corporate director | 2022-01 | ||
| Elena West | other | 2021-01 | ||
| James Watkins | corporate director | 2021-08 | ||
| Jennifer Horn | other | 2024-01 | ||
| Jessica Lee-Hansen | corporate officer | 2025-08 | ||
| Jessica Lee-Hansen | w-2 managing employee | 2025-08 | ||
| Juli Johnson | corporate officer | 2025-06 | ||
| Karla Ball | other | 2024-01 | ||
| Lars Eller | corporate director | 2023-01 | ||
| Richard Church | corporate officer | 2023-10 | ||
| Richard Church | corporate director | 2023-10 | ||
| Rick Henvey | corporate officer | 2026-01 | ||
| Russell Davies | corporate director | 2022-01 | ||
| Seth Miller | corporate officer | 2025-01 |
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 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 |