Penn Highlands Huntingdon
Huntingdon, Huntingdon County, PA
· CCN 390056
Licensed to J C Blair Memorial Hospital
Composite
64.1
rank score
Distress
94
FY2024
Fit
54
vs thesis
Estimated ticket
$6.2M–$12.5M
89 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- debt above 85% of assets
- occupancy 30-45%
- margin deteriorating sharply
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $59.5M |
| Operating margin | -21.8% |
| Total margin | -18.1% |
| Days cash on hand | 10 |
| Current ratio | 0.42 |
| Occupancy | 37% |
Facility
| Beds | 89 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 71 | $44.6M | $2.3M | -10.7% | 4.4% | 13 | 2.08 | 36% | 1,639 | 56 |
| 2022 | 71 | $54.4M | $2.1M | -1.0% | 3.6% | 1 | 1.53 | 41% | 1,805 | 43 |
| 2023 | 71 | $56.2M | $-3.4M | -10.7% | -5.8% | 6 | 1.55 | 38% | 1,674 | 68 |
| 2024 | 89 | $59.5M | $-11.1M | -21.8% | -18.1% | 10 | 0.42 | 37% | 1,987 | 94 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brian Kline | corporate officer | 2024-07 | ||
| Brian Kline | w-2 managing employee | 2024-07 | ||
| Carlyn Belczyk | corporate director | 2021-10 | ||
| David Lezzer | corporate director | 2021-07 | ||
| Donald Conrad | corporate director | 2021-07 | ||
| Douglas Winner | corporate officer | 2024-08 | ||
| Edward Yahner | corporate director | 2025-07 | ||
| James Devlin | corporate director | 2022-07 | ||
| James Ryan | corporate director | 2020-07 | ||
| Joanne Ryan | corporate director | 2022-07 | ||
| John Sutika | corporate director | 2025-07 | ||
| Jourdan Strishock | w-2 managing employee | 2021-08 | ||
| Mark Mcginley | corporate director | 2021-10 | ||
| Mark Norman | corporate officer | 2016-07 | ||
| Mark Norman | w-2 managing employee | 2016-07 | ||
| Penn Highlands Healthcare, Inc. | operational/managerial control | 2019-06 | ||
| Richard Pfingstler | corporate director | 2021-07 | ||
| Robert O'leary | corporate director | 2021-07 | ||
| Russell Cameron | corporate officer | 2016-07 | ||
| Samuel Lewis | corporate director | 2021-02 | ||
| Scott Foradora | corporate director | 2020-07 | ||
| Steven Fontaine | corporate officer | 2016-07 | ||
| Trina Johnson | corporate officer | 2022-10 | ||
| William Young | corporate director | 2021-07 |
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.
| 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 |