Regional Hospital Of Scranton
Scranton, Lackawanna County, PA
· CCN 390237
Licensed to Scranton Hospital Company Llc
Composite
70.8
rank score
Distress
94
FY2024
Fit
66
vs thesis
Estimated ticket
$14.8M–$29.7M
212 beds ·
within envelope
Ownership
for-profit
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 45-60%
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $221M |
| Operating margin | -21.3% |
| Total margin | -20.8% |
| Days cash on hand | 0 |
| Current ratio | 0.13 |
| Occupancy | 55% |
Facility
| Beds | 212 |
| Facility type | STH |
| Setting | rural |
| Ownership class | for-profit |
| 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 | 153 | $170M | $8.4M | -0.2% | 4.7% | 0 | 0.16 | 60% | 6,693 | 64 |
| 2022 | 178 | $173M | $-13.1M | -8.7% | -7.5% | 0 | 0.14 | 63% | 6,436 | 81 |
| 2023 | 220 | $221M | $-35.6M | -17.5% | -15.9% | 0 | 0.15 | 62% | 8,306 | 91 |
| 2024 | 212 | $221M | $-46.3M | -21.3% | -20.8% | 0 | 0.13 | 55% | 8,306 | 94 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Chs Community Health Systems Inc | 5% or greater indirect ownership interest | 100 | 2011-05 | chain |
| Community Health Systems Inc | 5% or greater indirect ownership interest | 100 | 2011-05 | |
| Hma-Tri Holdings Llc | 5% or greater indirect ownership interest | 100 | 2015-12 | |
| Scranton Holdings Llc | 5% or greater direct ownership interest | 100 | 2011-05 | |
| Tennyson Holdings Llc | 5% or greater indirect ownership interest | 100 | 2011-05 | |
| Christopher Cobb | corporate officer | 2022-03 | ||
| Edna Buffington-Price | corporate director | 2022-03 | ||
| Jason Johnson | corporate officer | 2020-01 | ||
| Justin Pitt | corporate officer | 2022-03 | ||
| Justin Pitt | corporate director | 2022-03 | ||
| Kevin Hammons | corporate officer | 2012-02 | ||
| Kevin Hammons | corporate director | 2020-01 | ||
| Nathaniel Summar | corporate director | 2017-07 | ||
| Paula Lalor | corporate director | 2017-04 | ||
| Roman Ottinger | corporate officer | 2020-01 | ||
| Thomas Bisignani | w-2 managing employee | 2021-10 | ||
| Triad Healthcare Llc | 5% or greater indirect ownership interest | 2015-12 | ||
| William Cash | corporate officer | 2018-06 |
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 |