dealflow
envelope $200M

← Targets

Gbh - Geneva

dba Generations Behavioral Health-Geneva · Geneva, Ashtabula County, OH · CCN 364054
Licensed to Generations Behavioral Health-Geneva Llc

Composite
36.6
rank score
Distress
23
FY2023
Fit
66
vs thesis
Estimated ticket
$1.2M–$2.4M
22 beds · within envelope
Ownership
for-profit
PH

Why it ranks here

  • under 30 days cash on hand
  • current ratio under 1.5
  • rural — cheaper but limited density
  • specialty facility — narrower problem scope
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • strong occupancy — good iteration surface
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$6.7M
Operating margin 28.1%
Total margin 28.6%
Days cash on hand 0
Current ratio 1.40
Occupancy91%

Facility

Beds22
Facility typePH
Settingrural
Ownership classfor-profit
Per-bed (low) $55.0K
Per-bed (high) $110K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 18 $3.0M $1.2M -19.0% 25.5% 0 2.15 63% 233 50
2021 18 $5.1M $1.1M 22.5% 22.5% 0 3.87 77% 323 22
2022 20 $5.6M $1.4M 24.6% 24.6% 0 2.41 79% 358 22
2023 22 $6.7M $1.9M 28.1% 28.6% 0 1.40 91% 453 23

Owners

OwnerRole%SinceType
Generations Behavioral Health Llc
Nashville, TN
5% or greater direct ownership interest 100 2015-01
Edward Stack 5% or greater indirect ownership interest 48 2015-01
Zyama Goldman 5% or greater indirect ownership interest 48 2015-01
Edward Stack corporate officer 2015-01
Roxanne Jividen w-2 managing employee 2020-01
Zyama Goldman corporate officer 2015-01

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.

DateBuyerSellerHospitalBeds
2024-06-20 50 St Lawrence Opco Llc Voa Rehabilitation Centers Inc Sojourn At Seneca 24