Grand View Hospital
Sellersville, Bucks County, PA
· CCN 390057
Licensed to Grand View Hospital
Composite
67.4
rank score
Distress
79
FY2024
Fit
80
vs thesis
Estimated ticket
$63.0M–$252M
180 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 under 1.5
- debt above 70% of assets
- occupancy 45-60%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $264M |
| Operating margin | -25.9% |
| Total margin | -22.9% |
| Days cash on hand | 8 |
| Current ratio | 1.42 |
| Occupancy | 58% |
Facility
| Beds | 180 |
| 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 | 155 | $218M | $533K | -8.9% | 0.2% | 36 | 1.37 | 54% | 7,048 | 48 |
| 2022 | 154 | $226M | $-20.9M | -19.3% | -8.4% | 2 | 1.02 | 61% | 7,139 | 70 |
| 2023 | 180 | $236M | $-43.6M | -26.0% | -17.2% | 9 | 1.23 | 58% | 7,149 | 77 |
| 2024 | 180 | $264M | $-62.0M | -25.9% | -22.9% | 8 | 1.42 | 58% | 8,935 | 79 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Scott Wolfe | corporate director | 100 | 2025-07 | |
| St Luke's Health Network Inc | 5% or greater direct ownership interest | 100 | 2025-07 | |
| Richard Anderson | corporate officer | 2025-07 | ||
| Richard Anderson | w-2 managing employee | 2025-07 | ||
| Robert Wax | corporate director | 2025-07 | ||
| Robert Wax | w-2 managing employee | 2025-07 | ||
| Scott Wolfe | w-2 managing employee | 2025-07 |
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 |