Phoenixville Hospital
Phoenixville, Chester County, PA
· CCN 390127
Licensed to Phoenixville Hospital Llc
Composite
57.4
rank score
Distress
72
FY2024
Fit
62
vs thesis
Estimated ticket
$9.1M–$18.2M
130 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
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $177M |
| Operating margin | -15.3% |
| Total margin | -11.9% |
| Days cash on hand | 0 |
| Current ratio | -5.63 |
| Occupancy | 64% |
Facility
| Beds | 130 |
| 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 | 130 | $152M | $-46.8M | -14.7% | -28.5% | 0 | -1.03 | 57% | 7,205 | 93 |
| 2022 | 130 | $153M | $-27.4M | -21.2% | -17.3% | 0 | -3.14 | 62% | 6,616 | 91 |
| 2023 | 130 | $169M | $-22.8M | -15.3% | -13.2% | 0 | -5.31 | 65% | 7,120 | 80 |
| 2024 | 130 | $177M | $-21.7M | -15.3% | -11.9% | 0 | -5.63 | 64% | 7,677 | 72 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Tower Health | 5% or greater direct ownership interest | 100 | 2017-04 | |
| Amy Cadieux | other | 2022-01 | ||
| Anita Guzman | other | 2022-01 | ||
| Edward Hovick | other | 2022-01 | ||
| Hans Haupt | other | 2022-01 | ||
| James Kovaleski | other | 2022-01 | ||
| Kathryn Evans | other | 2022-01 | ||
| Lynn Hartman | other | 2022-01 | ||
| Martin Vinca | other | 2022-01 | ||
| Neil Gulati | other | 2022-01 | ||
| P Perrotty | other | 2023-01 | ||
| Richard Newell Jr | other | 2022-01 | ||
| Robert Ehinger | contracted managing employee | 2022-01 | ||
| Robert Ehinger | corporate officer | 2022-01 | ||
| Robert Romain | other | 2022-01 | ||
| Robert Ryan | other | 2022-01 |
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 |