Upmc Northwest Hospital
Seneca, Venango County, PA
· CCN 390091
Licensed to Upmc Northwest
Composite
56.2
rank score
Distress
72
FY2024
Fit
60
vs thesis
Estimated ticket
$9.7M–$19.5M
139 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- occupancy 45-60%
- margin deteriorating sharply
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $147M |
| Operating margin | -16.8% |
| Total margin | -15.6% |
| Days cash on hand | 0 |
| Current ratio | 6.83 |
| Occupancy | 45% |
Facility
| Beds | 139 |
| 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 | 111 | $126M | $-3.0M | -6.7% | -2.3% | 0 | 1.15 | 46% | 4,080 | 58 |
| 2022 | 114 | $132M | $-16.6M | -15.6% | -12.2% | 0 | 1.67 | 52% | 4,089 | 69 |
| 2023 | 144 | $137M | $-24.7M | -21.1% | -17.5% | 0 | 7.54 | 43% | 4,448 | 72 |
| 2024 | 139 | $147M | $-23.2M | -16.8% | -15.6% | 0 | 6.83 | 45% | 4,557 | 72 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Upmc | 5% or greater direct ownership interest | 100 | 2004-10 | |
| Amgad Abdu | corporate director | 2024-07 | ||
| Bart Matson | corporate director | 2024-01 | ||
| Beth Harman | corporate director | 2018-01 | ||
| Bradley Dinger | corporate officer | 2018-06 | ||
| Bradley Dinger | w-2 managing employee | 2018-06 | ||
| Brian Durniok | corporate director | 2017-02 | ||
| Christopher Simms | corporate director | 2023-01 | ||
| David Gibbons | corporate director | 2009-03 | ||
| Gregory Merkel | corporate director | 2017-01 | ||
| James Knarr | corporate director | 2001-01 | ||
| Janet Stewert | corporate director | 2024-01 | ||
| Jeffrey Clark | corporate director | 2018-01 | ||
| Joseph Pastor | corporate director | 2017-01 | ||
| Lillian Williams | corporate director | 2025-01 | ||
| Linda Barnhart | corporate director | 2022-07 | ||
| Matthew Laverde | corporate director | 2025-01 | ||
| Peter Winkler | corporate director | 2022-01 | ||
| Randy Boggess | corporate director | 2011-01 | ||
| Tamara Varsek | corporate director | 2017-01 | ||
| Tammy Carr | corporate officer | 2025-06 | ||
| William Mccauley | corporate director | 2007-09 |
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 |