dealflow
envelope $200M

← Targets

Lansdale Hospital

Lansdale, Montgomery County, PA · CCN 390012
Licensed to Lansdale Hospital Corporation

Composite
37.2
rank score
Distress
12
FY2024
Fit
80
vs thesis
Estimated ticket
$70.0M–$280M
140 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • occupancy 45-60%
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$96.8M
Operating margin 6.4%
Total margin 8.4%
Days cash on hand 264
Current ratio 10.66
Occupancy50%

Facility

Beds140
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 140 $88.7M $17.2M 5.4% 17.0% 280 2.91 46% 5,557 2
2022 140 $91.3M $8.5M 6.5% 9.0% 107 2.37 48% 5,270 7
2023 140 $94.0M $5.5M 2.8% 5.7% 242 8.45 49% 5,120 2
2024 140 $96.8M $8.3M 6.4% 8.4% 264 10.66 50% 5,452 12

Owners

OwnerRole%SinceType
Jefferson Health Corporation
Philadelphia, PA
5% or greater direct ownership interest 100 2024-06
Thomas Jefferson University
Philadelphia, PA
5% or greater indirect ownership interest 100 2020-03
Aimee James corporate officer 2022-07
Brian Sweeney corporate officer 2023-01
Brian Sweeney w-2 managing employee 2023-01
Cristina Cavalieri corporate officer 2022-03
Jean Fitzpatrick corporate officer 2022-03
John Bown corporate officer 2022-03
Robert Thomas corporate officer 2025-07
Timothy Maccracken corporate officer 2023-07

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 PA

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2025-01-21 Tenor Health Foundation Sharon, Llc Steward Sharon Regional Health System, Inc. Sharon Regional Health System 141
2023-09-02 Chh Community Health Chestnut Hill Hospital Llc Chestnut Hill Hospital 128
2023-07-01 Valley Medical Facilities Inc Valley Medical Facilities Inc Heritage Valley Sewickley 220
2022-05-09 Lehigh Valley Hospital Lehigh Valley Hospital -... Lehigh Valley 1,216
2021-07-01 Dubois Regional Medical Center Clearfield Hospital Dubois Regional Medical Center 261
2021-06-14 Avenues Recovery Medical Center At... Valley Forge Medical Center &... Valley Forge Medical Center 70
2021-01-01 Robert Packer Hospital Guthrie Towanda Memorial Hospital Robert Packer Hospital 252
2020-07-01 St. Luke's Hospital- Easton Campus Steward Easton Hospital, Inc St Lukes Hospital - Easton Campus 29
2018-05-26 Lehigh Valley Hospital - Schuylkill Schuylkill Medical Center - East... Lehigh Valley Hospital - Schuylkill 118
2017-07-01 Upmc Carlisle Carlisle Hma Llc Upmc Carlisle 66