River Vista Health & Welness
Columbus, Franklin County, OH
· CCN 364061
Licensed to River Vista Health And Wellness Llc
Composite
53.0
rank score
Distress
39
FY2024
Fit
88
vs thesis
Estimated ticket
$22.0M–$88.0M
80 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin under 2%
- total margin under 2%
- under 30 days cash on hand
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $19.4M |
| Operating margin | 0.2% |
| Total margin | 0.4% |
| Days cash on hand | 17 |
| Current ratio | 4.83 |
| Occupancy | 61% |
Facility
| Beds | 80 |
| 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 | 80 | $23.8M | $8.6M | 35.9% | 35.9% | 69 | 2.78 | 79% | 3,003 | 10 |
| 2022 | 80 | $30.3M | $13.7M | 45.1% | 45.2% | 371 | 2.94 | 75% | 3,542 | 0 |
| 2023 | 80 | $21.1M | $4.5M | 19.2% | 20.7% | 0 | 4.52 | 67% | 2,624 | 22 |
| 2024 | 80 | $19.4M | $75.3K | 0.2% | 0.4% | 17 | 4.83 | 61% | 2,280 | 39 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Behavioral Health Management Llc | operational/managerial control | 100 | 2021-04 | |
| Chs Behavioral Holdings Llc | 5% or greater indirect ownership interest | 100 | 2021-05 | |
| Cv Holdings, Llc | 5% or greater direct ownership interest | 100 | 2018-01 | |
| Rrw, Llc | 5% or greater indirect ownership interest | 100 | 2018-01 | |
| Rosedale Family Investment Company, Inc | 5% or greater indirect ownership interest | 33 | 2018-01 | |
| S.l. Rosedale Irrevocable Trust | 5% or greater indirect ownership interest | 33 | 2018-01 | |
| I. Rosedale Family Investment Company Inc | 5% or greater indirect ownership interest | 33 | 2023-11 | |
| I. Rosedale Irrevocable Trust | 5% or greater indirect ownership interest | 33 | 2018-01 | |
| Wilheim Family Investment Company, Inc. | 5% or greater indirect ownership interest | 33 | 2018-01 | |
| R.s. Wilheim Irrevocable Trust | 5% or greater indirect ownership interest | 17 | 2018-01 | |
| Ronald S Wilheim 2012 Spousal Trust | 5% or greater indirect ownership interest | 16 | 2018-01 | |
| Neicole Knott | w-2 managing employee | 2023-11 | ||
| Ronald Wilheim | corporate officer | 2023-11 | ||
| Shaun Muirhead | w-2 managing employee | 2023-11 | ||
| 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 |