dealflow
envelope $200M

← Targets

Kensington Hospital

Philadelphia, Philadelphia County, PA · CCN 390025
Licensed to Kensington Hospital

Composite
36.2
rank score
Distress
33
FY2024
Fit
54
vs thesis
Estimated ticket
$7.0M–$28.0M
14 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • occupancy below 30%
  • urban — higher occupancy and iteration surface
  • very small facility
  • small ticket — deploys little of the available capital
  • very low occupancy — limited volume to learn from
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$7.3M
Operating margin -14.5%
Total margin 3.5%
Days cash on hand 186
Current ratio 13.54
Occupancy10%

Facility

Beds14
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 14 $4.3M $-352K -61.7% -5.4% 139 5.72 42% 112 50
2022 14 $7.4M $2.4M 13.9% 27.5% 268 12.64 39% 118 6
2023 14 $4.5M $1.5M -65.4% 16.9% 230 22.67 31% 94 33
2024 14 $7.3M $299K -14.5% 3.5% 186 13.54 10% 27 33

Owners

OwnerRole%SinceType
Eileen Hause w-2 managing employee 100 2025-08
Kensington Hospital
Philadelphia, PA
operational/managerial control 100 1966-07
Catherine Kutzler operational/managerial control 17 2023-07
Colleen Schaller operational/managerial control 17 2023-07
Karen Coleman operational/managerial control 17 2023-07
Monika Vansant contracted managing employee 17 2022-06
Tinesha Banks operational/managerial control 17 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