dealflow
envelope $200M

← Targets

Heritage Valley Beaver

Beaver, Beaver County, PA · CCN 390036
Licensed to Valley Medical Facilities Inc

Composite
62.7
rank score
Distress
66
FY2024
Fit
82
vs thesis
Estimated ticket
$62.9M–$252M
148 beds · within envelope
Ownership
for-profit
STH

Why it ranks here

  • operating margin below -10%
  • total margin negative
  • under 30 days cash on hand
  • current ratio below 0.8
  • occupancy 45-60%
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • moderate occupancy
  • for-profit — no charitable conversion review

Latest financials · FY2024

Net patient revenue$205M
Operating margin -18.3%
Total margin -2.7%
Days cash on hand 0
Current ratio 0.32
Occupancy59%

Facility

Beds148
Facility typeSTH
Settingurban
Ownership classfor-profit
Per-bed (low) $425K
Per-bed (high) $1.7M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 189 $211M $-23.3M -10.5% -11.1% 0 0.55 59% 9,079 82
2022 148 $215M $-39.9M -12.9% -19.7% 0 1.39 80% 8,785 70
2023 148 $220M $-38.8M -15.9% -17.9% 0 0.13 68% 8,312 80
2024 148 $205M $-6.5M -18.3% -2.7% 0 0.32 59% 7,883 66

Owners

OwnerRole%SinceType
Valley Medical Facilities Inc
Sewickley, PA
5% or greater direct ownership interest 100 1996-11
Charles Kelly corporate director 2022-01
Diana Kozlina-Peretic corporate director 2022-01
Elisa Ditommaso corporate director 2015-01
Frederick Clerici corporate director 2022-01
Jeffrey Hein corporate director 2018-01
Karen Jerome-Zapadka corporate director 2018-01
Kevin Flannery corporate director 2015-01
Lynn George-Schriner corporate director 2015-01
Mark Brennan corporate director 2020-01
Michael Diclemente corporate director 2020-01
Michael Malkowski corporate director 2015-01
Norman Mitry corporate director 2007-01
Norman Mitry w-2 managing employee 2007-01
Richard Bowers corporate director 2022-01
Robert Terwilliger corporate director 2015-01
Roger David corporate director 2022-01
Scott Elste corporate director 2015-01
Sridhar Tayur corporate director 2020-01
Suzanne Paone corporate director 2020-01
Thomas Leydig corporate director 2015-01

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.

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