Penn Highlands Elk
St. Marys, Elk County, PA
· CCN 391315
Licensed to Elk Regional Health Center
Composite
36.6
rank score
Distress
33
FY2024
Fit
54
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin under 2%
- 30-60 days cash on hand
- occupancy 45-60%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $67.0M |
| Operating margin | 1.2% |
| Total margin | 4.4% |
| Days cash on hand | 40 |
| Current ratio | 1.81 |
| Occupancy | 52% |
Facility
| Beds | 25 |
| Facility type | CAH |
| 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 | 25 | $64.1M | $14.2M | 2.5% | 18.5% | 180 | 2.88 | 51% | 1,020 | 2 |
| 2022 | 25 | $67.7M | $7.5M | 4.4% | 10.4% | 168 | 4.19 | 67% | 893 | 0 |
| 2023 | 25 | $67.4M | $3.2M | -0.5% | 4.5% | 63 | 3.36 | 57% | 708 | 28 |
| 2024 | 25 | $67.0M | $3.0M | 1.2% | 4.4% | 40 | 1.81 | 52% | 897 | 33 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brian Kline | corporate officer | 2024-07 | ||
| Brian Kline | w-2 managing employee | 2024-07 | ||
| Carlyn Belczyk | corporate director | 2021-10 | ||
| David Lezzer | corporate director | 2021-07 | ||
| Donald Conrad | corporate director | 2021-07 | ||
| Douglas Winner | corporate director | 2024-08 | ||
| Edward Yahner | corporate director | 2025-07 | ||
| James Devlin | corporate director | 2022-07 | ||
| James Ryan | corporate director | 2020-07 | ||
| Joanne Ryan | corporate director | 2022-07 | ||
| John Sutika | corporate director | 2025-07 | ||
| Jourdan Strishock | corporate director | 2021-08 | ||
| Julianne Peer | corporate officer | 2023-10 | ||
| Julianne Peer | w-2 managing employee | 2000-01 | ||
| Mark Mcginley | corporate director | 2021-10 | ||
| Mark Norman | corporate officer | 2021-07 | ||
| Mark Norman | w-2 managing employee | 2016-07 | ||
| Penn Highlands Healthcare, Inc. | other | 2013-10 | ||
| Richard Pfingstler | corporate director | 2021-07 | ||
| Robert O'leary | corporate director | 2021-07 | ||
| Russell Cameron | corporate officer | 2016-07 | ||
| Samuel Lewis | corporate director | 2021-02 | ||
| Scott Foradora | corporate director | 2020-07 | ||
| Steven Fontaine | corporate officer | 2016-07 | ||
| Trina Johnson | corporate officer | 2022-10 |
Showing 25 of 26. Full list via /api/targets/391315.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.