Windber Hospital Inc.
dba Chan Soon-Shiong Medical Center At Windber ·
Windber, Somerset County, PA
· CCN 390112
Licensed to Windber Hospital Inc
Composite
60.7
rank score
Distress
90
FY2024
Fit
50
vs thesis
Estimated ticket
$3.3M–$6.6M
47 beds ·
within envelope
Ownership
nonprofit
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
- occupancy below 30%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $46.1M |
| Operating margin | -39.6% |
| Total margin | -10.7% |
| Days cash on hand | 4 |
| Current ratio | 0.29 |
| Occupancy | 18% |
Facility
| Beds | 47 |
| 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 | 47 | $36.5M | $-6.5M | -38.7% | -14.5% | 45 | 0.81 | 15% | 1,067 | 83 |
| 2022 | 47 | $42.2M | $117K | -32.6% | 0.2% | 12 | 0.55 | 16% | 1,169 | 80 |
| 2023 | 47 | $53.8M | $1.1M | -11.7% | 1.8% | 8 | 0.88 | 17% | 1,075 | 76 |
| 2024 | 47 | $46.1M | $-6.4M | -39.6% | -10.7% | 4 | 0.29 | 18% | 1,028 | 90 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Chan Soon-Shiong Institute Of Molecular Medicine Llc | other | 2016-01 | ||
| Chan Soon-Shiong Nanthealth Foundation | other | 2016-01 | ||
| Charles Kenworthy | corporate director | 2016-01 | ||
| David Sachs | corporate director | 2016-01 | ||
| Eleanor Ramirez | corporate director | 2016-01 | ||
| James Banaag | corporate director | 2023-03 | ||
| Jamie Brock | corporate officer | 2014-09 | ||
| Matthew Bouch | corporate director | 2016-01 | ||
| Patrick Soon-Shiong | corporate director | 2016-01 | ||
| Richard Sukenik | corporate officer | 2012-11 | ||
| Robert Morse | corporate director | 2023-03 | ||
| Thomas Kurtz | corporate officer | 2014-10 | ||
| Thomas Kurtz | corporate director | 2014-10 | ||
| Thomas Kurtz | w-2 managing employee | 2014-10 | ||
| Trudi Brown | corporate officer | 2023-03 | ||
| Trudi Brown | corporate director | 2023-03 |
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 |