dealflow
envelope $200M

← Targets

Nationwide Childrens Hospital

Columbus, Franklin County, OH · CCN 363305
Licensed to Nationwide Children's Hospital

Composite
13.9
rank score
Distress
20
FY2023
Fit
64
vs thesis
Estimated ticket
$421M–$1.7B
701 beds · over envelope
Ownership
nonprofit
CH

Why it ranks here

  • under 30 days cash on hand
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • very large — likely out of range
  • estimated price exceeds the capital envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$2.3B
Operating margin 8.6%
Total margin 27.7%
Days cash on hand 12
Current ratio 2.36
Occupancy66%

Facility

Beds701
Facility typeCH
Settingurban
Ownership classnonprofit
Per-bed (low) $600K
Per-bed (high) $2.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 699 $1.6B $474M 2.6% 23.4% 41 1.90 56% 13,902 19
2021 706 $1.9B $776M 9.7% 31.3% 24 2.00 63% 17,680 22
2022 694 $2.0B $-131M 8.1% -7.5% 17 2.24 66% 19,099 34
2023 701 $2.3B $817M 8.6% 27.7% 12 2.36 66% 18,829 20

Owners

OwnerRole%SinceType
Nationwide Childrens Hospital Inc
Columbus, OH
5% or greater direct ownership interest 100 1982-04
Abigail Wexner corporate director 1993-01
Alegenon Marbley corporate director 2017-08
Alex Fischer corporate director 2011-06
Ann Wolfe corporate director 1982-01
Brent Adler corporate director 2024-01
Bruce Soll corporate director 2018-05
Bruce Thorn corporate director 2022-08
Carol Bradford corporate director 2021-01
Charles Kidder corporate director 1999-01
Corrine Burger corporate director 2022-08
Daniel Sullivan corporate director 2018-05
Dwight Smith corporate director 2013-10
Elizabeth Germain corporate director 2019-11
George Barrett corporate director 2010-01
Gregory Pearson corporate director 2022-01
Jordan Miller corporate director 2013-10
Joseph Chlapaty corporate director 2008-01
Kirt Walker corporate director 2019-12
Nelson Weichold corporate officer 2023-06
Nelson Weichold corporate director 2023-06
Ralph Andretta corporate director 2021-01
Rhonda Comer corporate director 2022-08
Richard Miller corporate officer 2012-04
Richard Miller w-2 managing employee 2012-04

Showing 25 of 28. Full list via /api/targets/363305.

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.