Nationwide Childrens Hosp Toledo Llc
dba Nationwide Children's Hospital Toledo ·
Toledo, OH
· CCN 363309
Licensed to Nationwide Children's Hospital Toledo, Llc
Composite
69.1
rank score
Distress
82
FY2023
Fit
80
vs thesis
Estimated ticket
$19.3M–$77.3M
46 beds ·
within envelope
Ownership
nonprofit
CH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio below 0.8
- debt above 85% of assets
- occupancy 45-60%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- small but workable bed count
- ticket size somewhat below the envelope
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $49.6M |
| Operating margin | -7.3% |
| Total margin | -4.4% |
| Days cash on hand | 0 |
| Current ratio | 0.63 |
| Occupancy | 54% |
Facility
| Beds | 46 |
| Facility type | CH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $420K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 41 | $44.7M | $12.9M | 28.0% | 28.5% | 0 | 0.68 | 68% | 1,228 | 43 |
| 2023 | 46 | $49.6M | $-2.2M | -7.3% | -4.4% | 0 | 0.63 | 54% | 1,741 | 82 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Nationwide Children's Hospital | 5% or greater direct ownership interest | 100 | 2021-01 | |
| Nationwide Childrens Hospital Inc | 5% or greater indirect ownership interest | 100 | 2021-01 | |
| Catherine Krawczeski | corporate director | 2024-07 | ||
| Lee Ann Wallace | corporate director | 2021-01 | ||
| Lorina Wise | corporate director | 2021-01 | ||
| Nelson Weichold | corporate officer | 2023-06 | ||
| Nelson Weichold | corporate director | 2023-06 | ||
| Richard Miller | contracted managing employee | 2021-01 | ||
| Richard Miller | corporate officer | 2021-01 | ||
| Richard Miller | corporate director | 2021-01 | ||
| Timothy Robinson | corporate director | 2021-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.