dealflow
envelope $200M

← Targets

Upmc St Margaret

Pittsburgh, Allegheny County, PA · CCN 390102
Licensed to Upmc St Margaret

Composite
66.1
rank score
Distress
72
FY2024
Fit
80
vs thesis
Estimated ticket
$62.6M–$251M
179 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
  • part of a multi-hospital chain — divestiture candidate
  • 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$258M
Operating margin -18.5%
Total margin -14.4%
Days cash on hand 0
Current ratio 3.92
Occupancy54%

Facility

Beds179
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $350K
Per-bed (high) $1.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 218 $244M $1.7M -4.5% 0.7% 0 1.49 52% 8,537 47
2022 217 $240M $-28.3M -15.2% -11.4% 0 2.54 51% 7,797 69
2023 213 $249M $-43.1M -21.3% -16.7% 0 3.83 49% 7,169 69
2024 179 $258M $-38.5M -18.5% -14.4% 0 3.92 54% 6,860 72

Owners

OwnerRole%SinceType
Upmc
Pittsburgh, PA
operational/managerial control 100 1997-03 chain
Andrew Ritchie w-2 managing employee 2024-08
Craig Mauro corporate director 2024-07
Daniel Sullivan corporate officer 1998-09
Debra Dinnocenzo corporate director 2003-07
Edward Dills corporate director 2003-01
Eric Frankel corporate director 2026-01
James Boyle corporate director 2026-01
James Ferguson other 2025-01
Jared Weiner corporate officer 2026-03
Jared Weiner w-2 managing employee 2026-03
Joel Yuhas corporate director 2023-05
Julie Campbell corporate director 2016-04
Lisa Lenihan corporate director 2026-01
Matt El-Kadi corporate director 2021-12
Richard Hamilton corporate director 2026-01
Robert Blosat corporate director 2022-05
Robert Hofmann corporate director 2026-01
Vincent Silvaggio corporate director 2018-07

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.

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