Meyersdale Community Hospital
dba Conemaugh Meyersdale Medical Center ·
Meyersdale, Somerset County, PA
· CCN 391302
Licensed to Dlp Conemaugh Meyersdale Medical Center, Llc
Composite
58.9
rank score
Distress
94
FY2024
Fit
42
vs thesis
Estimated ticket
$1.2M–$2.4M
20 beds ·
within envelope
Ownership
for-profit
CAH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- debt above 70% of assets
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $15.9M |
| Operating margin | -11.6% |
| Total margin | -10.5% |
| Days cash on hand | 0 |
| Current ratio | 0.17 |
| Occupancy | 20% |
Facility
| Beds | 20 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | for-profit |
| Per-bed (low) | $59.5K |
| Per-bed (high) | $119K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 20 | $15.0M | $2.3M | -6.9% | 12.8% | 0 | 0.72 | 21% | 262 | 67 |
| 2022 | 20 | $18.5M | $546K | -2.3% | 2.8% | 0 | 0.14 | 30% | 227 | 60 |
| 2023 | 20 | $16.9M | $-1.7M | -16.3% | -9.2% | 0 | 0.21 | 31% | 227 | 86 |
| 2024 | 20 | $15.9M | $-1.7M | -11.6% | -10.5% | 0 | 0.17 | 20% | 119 | 94 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Dlp Conemaugh Holding Company Llc | 5% or greater direct ownership interest | 100 | 2014-05 | |
| Dlp Lima Partner, Llc | 5% or greater indirect ownership interest | 97 | 2019-12 | |
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 97 | 2018-11 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 97 | 2018-11 | |
| Lima Holdco Llc | 5% or greater indirect ownership interest | 97 | 2019-12 | |
| Charlotte Lawrence | corporate officer | 2022-03 | ||
| Christopher Monte | corporate officer | 2014-05 | ||
| Dlp Partner Llc | operational/managerial control | 2014-09 | ||
| Elliott Brown | corporate officer | 2026-04 | ||
| Elmer Polite | corporate officer | 2023-06 | ||
| Marcus Poppell | corporate officer | 2014-09 | ||
| Marcus Poppell | other | 2014-09 | ||
| Rodney Reider | operational/managerial control | 2023-03 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.