Lehigh Valley
Allentown, Lehigh County, PA
· CCN 390133
Licensed to Lehigh Valley Hospital
Composite
64.3
rank score
Distress
82
FY2024
Fit
68
vs thesis
Estimated ticket
$85.1M–$170M
1,216 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 liabilities exceed current assets
- debt above 70% of assets
- margin deteriorating sharply
- rural — cheaper but limited density
- very large — likely out of range
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $3.0B |
| Operating margin | -10.2% |
| Total margin | -22.4% |
| Days cash on hand | 1 |
| Current ratio | 0.98 |
| Occupancy | 71% |
Facility
| Beds | 1,216 |
| 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 | 1,061 | $2.1B | $107M | -5.6% | 4.6% | 37 | 1.19 | 73% | 51,694 | 42 |
| 2022 | 1,203 | $2.6B | $219M | -2.5% | 7.7% | 0 | 1.16 | 75% | 55,013 | 41 |
| 2023 | 1,190 | $2.8B | $104M | -5.9% | 3.3% | 2 | 1.06 | 74% | 57,171 | 48 |
| 2024 | 1,216 | $3.0B | $-609M | -10.2% | -22.4% | 1 | 0.98 | 71% | 58,745 | 82 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Jefferson Health Corporation | 5% or greater direct ownership interest | 50 | 2025-01 | |
| Thomas Jefferson University | 5% or greater direct ownership interest | 50 | 2025-01 | |
| Allison Miller | w-2 managing employee | 2004-05 | ||
| Beth Brooke | corporate director | 2022-01 | ||
| Bryan Kane | corporate director | 2021-01 | ||
| James Miller | corporate officer | 2023-06 | ||
| Joel Hoffman | corporate director | 2019-09 | ||
| John Stanley | corporate director | 2025-07 | ||
| Jose Abia Buenache | corporate officer | 2025-07 | ||
| Julie Macomb | corporate officer | 2025-01 | ||
| Kathy O'brien | corporate director | 2018-01 | ||
| Kirsten Anthony | corporate director | 2018-01 | ||
| Linda Green | corporate director | 2019-09 | ||
| Michael Rossi | corporate director | 2025-01 | ||
| Ranju Gupta | corporate officer | 2023-01 | ||
| Robert Begliomini | corporate director | 2018-05 | ||
| Robert Murphy | corporate director | 2025-07 | ||
| Robert Thomas | corporate officer | 2025-01 | ||
| Rovinder Sandhu | corporate director | 2025-01 | ||
| Stephen Molitoris | w-2 managing employee | 2017-02 | ||
| Susan Yee | corporate director | 2014-01 | ||
| Timothy Friel | corporate director | 2025-07 | ||
| William Worthington | corporate director | 2025-01 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2022-05-09 | acquisition/merger | Lehigh Valley Hospital | Lehigh Valley Hospital -... |
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 |