dealflow
envelope $200M

← Targets

Holy Redeemer Hospital

Meadowbrook, Montgomery County, PA · CCN 390097
Licensed to Holy Redeemer Health System

Composite
59.9
rank score
Distress
66
FY2024
Fit
76
vs thesis
Estimated ticket
$90.5M–$362M
213 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin -8% to -3%
  • under 30 days cash on hand
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size at the top of the envelope — would need leverage
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$226M
Operating margin -15.7%
Total margin -7.7%
Days cash on hand 0
Current ratio 3.25
Occupancy61%

Facility

Beds213
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $425K
Per-bed (high) $1.7M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 201 $205M $9.9M -11.1% 4.2% 0 3.88 62% 8,544 50
2022 201 $221M $-8.8M -11.0% -3.7% 0 5.05 65% 8,846 62
2023 213 $216M $-7.3M -18.2% -2.9% 0 3.61 56% 9,075 60
2024 213 $226M $-18.6M -15.7% -7.7% 0 3.25 61% 9,230 66

Owners

OwnerRole%SinceType
Gregory Wozniak corporate officer 100 2024-07
Holy Redeemer Health System
Meadowbrook, PA
other 100 1991-09
Beth Dupree corporate director 2017-11
Charlotte Mckinnes corporate director 2013-11
David Golden corporate officer 2025-04
Ellyn Ito corporate director 2017-11
Guy Mcelwain corporate director 2011-01
Jacqualyn Heil corporate officer 2025-05
James Lynch corporate director 2007-11
James Rodgers corporate director 2020-01
Joseph Ragg corporate director 2019-12
Kimberly Cummings corporate officer 2025-08
Kimberly Cummings w-2 managing employee 2025-08
Robert Gregor w-2 managing employee 2025-12
Robyn Walsh corporate director 2007-11
S Nicholas Lezzi corporate director 2014-01
Tara Martin corporate officer 2024-02
Tara Martin w-2 managing employee 2017-01
William Sasso corporate director 2007-11

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.

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