dealflow
envelope $200M

← Targets

Geisinger Lewistown Hospital

Lewistown, Mifflin County, PA · CCN 390048
Licensed to Geisinger Lewistown Hospital

Composite
28.1
rank score
Distress
6
FY2024
Fit
64
vs thesis
Estimated ticket
$13.3M–$26.6M
133 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • 90-150 days cash on hand
  • occupancy 45-60%
  • rural — cheaper but limited density
  • bed count in the target band
  • small ticket — deploys little of the available capital
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$256M
Operating margin 15.5%
Total margin 17.4%
Days cash on hand 126
Current ratio 2.27
Occupancy52%

Facility

Beds133
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 119 $152M $22.3M 10.6% 14.0% 47 1.69 42% 5,293 22
2022 119 $181M $21.0M 9.1% 11.3% 11 0.54 53% 5,650 38
2023 107 $211M $23.6M 11.2% 11.2% 91 10.46 60% 5,845 7
2024 133 $256M $45.7M 15.5% 17.4% 126 2.27 52% 6,804 6

Owners

OwnerRole%SinceType
Benjamin Chu corporate director 2020-01
Chris Holcombe corporate director 2018-01
Geisinger Lewistown Hospital
Lewistown, PA
operational/managerial control 2007-11
Jeffrey Jacobson corporate director 2019-01
Kristy Hine corporate officer 2026-01
Kristy Hine w-2 managing employee 2026-01
Terry Gilliland corporate officer 2024-05
Virginia Mcgregor corporate director 2016-01

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