dealflow
envelope $200M

← Targets

Upmc Carlisle

Carlisle, Cumberland County, PA · CCN 390058
Licensed to Upmc Carlisle

Composite
47.4
rank score
Distress
32
FY2024
Fit
82
vs thesis
Estimated ticket
$33.0M–$132M
66 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • under 30 days cash on hand
  • current ratio below 0.8
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$169M
Operating margin 24.2%
Total margin 15.1%
Days cash on hand 4
Current ratio -19.70
Occupancy78%

Facility

Beds66
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 66 $140M $17.1M 19.4% 13.1% 2 0.65 83% 4,548 36
2022 68 $42.0M $10.1M -211.8% 7.2% 0 -10.82 93% 4,485 63
2023 72 $165M $16.2M 19.5% 10.9% 0 -43.84 74% 4,927 36
2024 66 $169M $22.8M 24.2% 15.1% 4 -19.70 78% 5,217 32

Owners

OwnerRole%SinceType
Upmc
Pittsburgh, PA
5% or greater indirect ownership interest 100 2017-09
Upmc Pinnacle
Harrisburg, PA
5% or greater direct ownership interest 100 2017-07
Brandon Stewart corporate director 2025-03
Chavone Momon-Nelson corporate director 2025-07
Christina Persson corporate officer 2025-07
Christina Persson corporate director 2025-07
Christopher Sneider corporate officer 2021-07
David Gibbons corporate director 2023-09
Elizabeth Ritter corporate officer 2024-09
Gregory Mitstifer corporate officer 2024-03
Gregory Mitstifer w-2 managing employee 2024-03
Jeffrey Gayman corporate officer 2012-07
Joshua Wedge corporate officer 2025-07
Julio Sola corporate director 2023-01
Kenneth Tuckey corporate officer 2001-07
Megan Riesmeyer corporate director 2016-07
Omar Shute corporate director 2022-07
William Kauffman corporate director 2003-07

Ownership changes

DateTypeBuyerSeller
2017-07-01 change of ownership Upmc Carlisle Carlisle Hma Llc

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