Upmc Mercy Hospital
Pittsburgh, Allegheny County, PA
· CCN 390028
Licensed to Upmc Mercy
Composite
61.0
rank score
Distress
72
FY2024
Fit
72
vs thesis
Estimated ticket
$118M–$470M
336 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- occupancy 45-60%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size at the top of the envelope — would need leverage
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $415M |
| Operating margin | -42.6% |
| Total margin | -28.2% |
| Days cash on hand | 0 |
| Current ratio | 4.79 |
| Occupancy | 58% |
Facility
| Beds | 336 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 347 | $415M | $-41.0M | -13.9% | -9.5% | 0 | 0.91 | 72% | 14,070 | 76 |
| 2022 | 332 | $405M | $-82.6M | -25.2% | -19.5% | 0 | 1.31 | 69% | 12,249 | 70 |
| 2023 | 300 | $385M | $-138M | -41.9% | -34.0% | 0 | 5.53 | 68% | 10,866 | 67 |
| 2024 | 336 | $415M | $-130M | -42.6% | -28.2% | 0 | 4.79 | 58% | 11,435 | 72 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Upmc | 5% or greater direct ownership interest | 100 | 2008-01 | |
| Adam Yates | corporate director | 2022-01 | ||
| Anthony Pinevich | corporate officer | 2017-05 | ||
| Anthony Pinevich | corporate director | 2017-05 | ||
| Brian Parker | corporate director | 2017-12 | ||
| Christopher Lee | corporate director | 2020-03 | ||
| David Dausey | corporate director | 2020-01 | ||
| Dawndra Jones | corporate director | 2022-12 | ||
| Eileen Simmons | corporate officer | 2022-01 | ||
| Eileen Simmons | corporate director | 2022-01 | ||
| Frank Lucchino | corporate director | 2010-01 | ||
| Hugh Brannan | corporate director | 2009-07 | ||
| Joel Yuhas | corporate director | 2023-03 | ||
| Jonathan Petrie | corporate officer | 2023-06 | ||
| Jonathan Petrie | w-2 managing employee | 2023-06 | ||
| Judith Linaburg | corporate director | 2009-07 | ||
| Lawrence Dinardo | corporate director | 2008-01 | ||
| Madelyn Reilly | corporate director | 2022-06 | ||
| Maureen Lally Green | corporate director | 2008-01 | ||
| Philip Pollice | corporate director | 2017-09 | ||
| Rachel Riley-Lavelle | corporate director | 2009-10 | ||
| Renee Crosby-Skinner | corporate director | 2009-10 | ||
| Richard Beigi | corporate director | 2024-05 | ||
| Upmc | operational/managerial control | 2008-01 | ||
| Wilma Mcneese | corporate director | 2008-01 |
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 PA
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 |
|---|---|---|---|---|
| 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 |