Presbyterian Medical Center
dba Penn Presbyterian Medical Center ·
Philadelphia, Philadelphia County, PA
· CCN 390223
Licensed to Presbyterian Medical Center Of The University Of Pennsylvania Health S
Composite
51.5
rank score
Distress
51
FY2024
Fit
72
vs thesis
Estimated ticket
$27.9M–$55.8M
328 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- under 30 days cash on hand
- margin deteriorating
- rural — cheaper but limited density
- large — ticket likely stretches the envelope
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $1.1B |
| Operating margin | -21.9% |
| Total margin | 2.4% |
| Days cash on hand | 0 |
| Current ratio | 2.97 |
| Occupancy | 89% |
Facility
| Beds | 328 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 336 | $901M | $48.1M | -13.0% | 4.5% | 29 | 1.58 | 86% | 16,937 | 50 |
| 2022 | 345 | $959M | $47.6M | -16.4% | 4.1% | 8 | 1.91 | 90% | 16,331 | 50 |
| 2023 | 328 | $988M | $50.5M | -18.9% | 4.1% | 0 | 2.08 | 90% | 16,788 | 50 |
| 2024 | 328 | $1.1B | $32.7M | -21.9% | 2.4% | 0 | 2.97 | 89% | 16,632 | 51 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Trustees Of The University Of Pennsylvania | 5% or greater direct ownership interest | 100 | 1995-06 | |
| Ann Conlin | corporate director | 2011-06 | ||
| Benjamin Sun | corporate director | 2023-05 | ||
| Gene Gofman | w-2 managing employee | 2023-05 | ||
| Jack Ende | corporate director | 2000-11 | ||
| Julia Puchtler | corporate director | 2024-07 | ||
| Kevin Mahoney | corporate director | 2019-06 | ||
| Michael Rossi | w-2 managing employee | 2006-10 | ||
| Michele Volpe | corporate director | 1999-06 | ||
| Nicole Hoke | corporate director | 2024-09 | ||
| Presbyterian Medical Center Of The University Of Pennsylvania Health S | operational/managerial control | 1995-06 | ||
| Renee Hughes | corporate director | 2022-09 | ||
| Robert Russell | corporate director | 2022-09 | ||
| Steve Shihadeh | corporate director | 2024-06 | ||
| Thomas Mccormick | w-2 managing employee | 2001-06 |
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 |