Delaware County Memorial Hospital
Drexel Hill, PA · CCN 390081
Composite
25.4
rank score
Distress
100
FY2023
Fit
46
vs thesis
Estimated ticket
—–—
— beds ·
over envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $25.6M |
| Operating margin | -87.0% |
| Total margin | -74.7% |
| Days cash on hand | 1 |
| Current ratio | 0.10 |
| Occupancy | — |
Facility
| Beds | — |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | — |
| Per-bed (high) | — |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 145 | $150M | $-795K | -5.8% | -0.5% | 0 | -0.04 | 46% | 5,146 | 79 |
| 2021 | 145 | $144M | $-4.7M | 1.0% | -3.4% | 0 | 0.06 | 44% | 4,838 | 71 |
| 2022 | 45 | $78.2M | $-18.2M | -36.3% | -20.9% | 1 | -0.43 | 39% | 1,518 | 97 |
| 2023 | — | $25.6M | $-20.0M | -87.0% | -74.7% | 1 | 0.10 | — | — | 100 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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 |