Aultman Specialty Hospital
Canton, Stark County, OH · CCN 362032
Composite
55.5
rank score
Distress
73
FY2023
Fit
56
vs thesis
Estimated ticket
$6.3M–$25.2M
30 beds ·
within envelope
Ownership
nonprofit
LTCH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- 30-60 days cash on hand
- occupancy below 30%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- 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 | $2.9M |
| Operating margin | -46.2% |
| Total margin | -44.2% |
| Days cash on hand | 37 |
| Current ratio | 33.19 |
| Occupancy | 18% |
Facility
| Beds | 30 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $210K |
| Per-bed (high) | $840K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 30 | $6.1M | $445K | 4.8% | 7.2% | 239 | 6.06 | 37% | 171 | 6 |
| 2021 | 30 | $5.6M | $216K | 2.2% | 3.8% | 13 | 6.37 | 28% | 147 | 31 |
| 2022 | 30 | $4.9M | $-138K | -10.7% | -2.6% | 16 | 13.02 | 29% | 138 | 67 |
| 2023 | 30 | $2.9M | $-1.3M | -46.2% | -44.2% | 37 | 33.19 | 18% | 72 | 73 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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 |
|---|---|---|---|---|
| 2022-06-14 | Select Specialty Hospital - Boardman, Inc. | Vibra Hospital Of Mahoning Valley Llc | Ssh - Boardman Inc | 79 |
| 2019-09-30 | Pam Specialty Hospital Of Dayton Llc | New Lifecare Hospitals Of Dayton Llc | Pam Specialty Hospital Of Miamisburg | 36 |
| 2017-11-01 | Select Specialty Hospital -... | Regency Hospital Of Cincinnati, Llc | Ssh - Cincinnati Inc. | 71 |