dealflow
envelope $200M

← Targets

Geisinger Stlukes

Orwigsburg, Schuylkill County, PA · CCN 390332
Licensed to Gsl Hospital

Composite
28.1
rank score
Distress
7
FY2024
Fit
62
vs thesis
Estimated ticket
$6.0M–$12.0M
60 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • 90-150 days cash on hand
  • margin slipping
  • 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$90.8M
Operating margin 10.8%
Total margin 13.9%
Days cash on hand 105
Current ratio 2.00
Occupancy78%

Facility

Beds60
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 32 $15.4M $-16.8M -94.6% -101.9% 116 1.82 73% 1,396 49
2021 40 $58.8M $8.7M 13.4% 14.6% 148 1.78 72% 2,880 4
2022 40 $69.4M $9.3M 11.5% 13.2% 129 2.54 100% 3,380 4
2023 60 $74.0M $8.0M 8.4% 10.5% 56 1.93 81% 3,630 17
2024 60 $90.8M $13.0M 10.8% 13.9% 105 2.00 78% 4,325 7

Owners

OwnerRole%SinceType
St Luke's Health Network Inc
Bethlehem, PA
5% or greater direct ownership interest 100 2019-10
Gabriel Kamarousky corporate officer 2019-10
Scott Wolfe corporate director 2021-11
Scott Wolfe w-2 managing employee 2021-11

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.

DateBuyerSellerHospitalBeds
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