dealflow
envelope $200M

← Targets

Hampden Medical Center

Enola, PA · CCN 390336
Licensed to Penn State Health Hampden Medical Center

Composite
53.8
rank score
Distress
42
FY2024
Fit
82
vs thesis
Estimated ticket
$41.0M–$164M
82 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • part of a multi-hospital chain — divestiture candidate
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$159M
Operating margin 4.0%
Total margin 4.3%
Days cash on hand 0
Current ratio 0.07
Occupancy62%

Facility

Beds82
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2022 110 $26.7M $-30.8M -117.2% -113.0% 0 -42.76 25% 1,218 89
2023 82 $110M $-27.1M -25.1% -24.6% 0 0.05 45% 3,674 97
2024 82 $159M $6.8M 4.0% 4.3% 0 0.07 62% 5,265 42

Owners

OwnerRole%SinceType
Penn State Health
Hershey, PA
5% or greater direct ownership interest 100 2020-06 chain
The Pennsylvania State University
University Park, PA
5% or greater indirect ownership interest 80 2020-06
Highmark Health
Pittsburgh, PA
5% or greater indirect ownership interest 20 2020-06
Ann Allwein corporate officer 2024-10
Guy Gunn corporate director 2022-01
James Hoehn corporate director 2022-01
Jessica Meyers corporate director 2022-01
Joann Aumand corporate director 2022-01
Judy Hlafcsak corporate director 2020-06
Kenneth Wood corporate director 2023-06
Leslyn Williamson w-2 managing employee 2025-10
Leslyn Williamson operational/managerial control 2025-10
Nicole Lehman corporate officer 2022-02
Randy Morris corporate director 2023-07
Richard Jordan corporate director 2022-01
Robert Delrosario corporate officer 2023-07
Ross Darrow corporate officer 2020-11
Shannon Mowery corporate director 2022-01
Thomas Stoessel corporate director 2022-01
Tracy Moyer-Swinko corporate director 2024-08

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