Blueridge Vista Health & Welness
dba Blueridge Vista Health And Wellness ·
Cincinnati, Hamilton County, OH
· CCN 364057
Licensed to Cv Operating Co., Llc.
Composite
55.0
rank score
Distress
49
FY2024
Fit
82
vs thesis
Estimated ticket
$12.1M–$48.4M
44 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- debt above 85% of assets
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- small but workable bed count
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $13.6M |
| Operating margin | 12.1% |
| Total margin | 12.2% |
| Days cash on hand | 7 |
| Current ratio | 0.24 |
| Occupancy | 77% |
Facility
| Beds | 44 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $275K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 44 | $12.3M | $2.6M | 20.2% | 20.8% | 86 | 2.25 | 97% | 1,755 | 21 |
| 2022 | 44 | $12.2M | $1.7M | 13.3% | 13.7% | 0 | -0.03 | 70% | 1,676 | 47 |
| 2023 | 44 | $11.3M | $1.5M | 10.8% | 12.9% | 0 | 0.25 | 65% | 1,214 | 40 |
| 2024 | 44 | $13.6M | $1.7M | 12.1% | 12.2% | 7 | 0.24 | 77% | 1,503 | 49 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cinci Psych Holdings, Llc | 5% or greater direct ownership interest | 100 | 2015-02 | |
| Blake Berman | w-2 managing employee | 2020-07 | ||
| Chs Behavioral Holdings Llc | 5% or greater indirect ownership interest | 2023-04 | ||
| I. Rosedale Family Investment Company Inc | 5% or greater indirect ownership interest | 2015-02 | ||
| I. Rosedale Irrevocable Trust | 5% or greater indirect ownership interest | 2015-02 | ||
| R.s. Wilheim Irrevocable Trust | 5% or greater indirect ownership interest | 2015-02 | ||
| Richard Odenthal | corporate officer | 2015-02 | ||
| Richard Odenthal | operational/managerial control | 2015-02 | ||
| Ronald S Wilheim 2012 Spousal Trust | 5% or greater indirect ownership interest | 2015-02 | ||
| Rosedale Family Investment Company, Inc | 5% or greater indirect ownership interest | 2015-02 | ||
| Rrw, Llc | 5% or greater indirect ownership interest | 2015-02 | ||
| S.l. Rosedale Irrevocable Trust | 5% or greater indirect ownership interest | 2015-02 | ||
| Wilheim Family Investment Company, Inc. | 5% or greater indirect ownership interest | 2015-02 | ||
| Yitzhak Rosedale | corporate officer | 2018-09 |
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 |
|---|---|---|---|---|
| 2024-06-20 | 50 St Lawrence Opco Llc | Voa Rehabilitation Centers Inc | Sojourn At Seneca | 24 |