Maryview Hospital Llc
dba Bon Secours Maryview Medical Center ·
Portsmouth, Portsmouth City County, VA
· CCN 490017
Licensed to Maryview Hospital Llc
Composite
42.1
rank score
Distress
20
FY2024
Fit
78
vs thesis
Estimated ticket
$88.0M–$352M
176 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- 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 | $377M |
| Operating margin | 4.7% |
| Total margin | 13.6% |
| Days cash on hand | 1 |
| Current ratio | 1.87 |
| Occupancy | 67% |
Facility
| Beds | 176 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 215 | $329M | $38.1M | -1.3% | 10.3% | 6 | 0.76 | 57% | 7,876 | 53 |
| 2022 | 182 | $340M | $-23.8M | -6.2% | -7.1% | 2 | 0.59 | 68% | 7,179 | 70 |
| 2023 | 160 | $348M | $3.5M | -2.5% | 1.0% | 0 | 0.84 | 75% | 8,039 | 50 |
| 2024 | 176 | $377M | $56.4M | 4.7% | 13.6% | 1 | 1.87 | 67% | 8,543 | 20 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bon Secours Hampton Roads Health System Inc | 5% or greater direct ownership interest | 100 | 1985-01 | |
| Bon Secours Mercy Health Inc | 5% or greater indirect ownership interest | 100 | 2018-09 | chain |
| Angela Reddix | corporate director | 2026-01 | ||
| Ann Kirk | corporate director | 2025-01 | ||
| Brian Yanofchick | corporate director | 2020-01 | ||
| Corey Mccray | corporate director | 2024-01 | ||
| Cynthia Romero | corporate director | 2016-01 | ||
| David Cannady | corporate director | 2023-01 | ||
| Dawn Glynn | corporate director | 2024-01 | ||
| John Snellings | corporate director | 2026-01 | ||
| John Starcher | operational/managerial control | 2018-09 | ||
| Jonathan Haynes | corporate officer | 2022-01 | ||
| Jonathan Haynes | corporate director | 2022-01 | ||
| Jonathan Haynes | w-2 managing employee | 2022-01 | ||
| Joy Jefferson | corporate director | 2025-01 | ||
| Kevin Clark | corporate director | 2026-01 | ||
| Kimberly Ralston | w-2 managing employee | 2018-09 | ||
| Patricia Davis-Hagens | corporate director | 2021-10 | ||
| Raymond Mccue | corporate director | 2026-01 | ||
| Teresa Beale | corporate director | 2022-01 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2021-04-01 | acquisition/merger | Maryview Hospital Llc | Bon Secours Depaul Medical Center Llc |
Who has been buying in VA
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 |
|---|---|---|---|---|
| 2021-04-01 | Maryview Hospital Llc | Bon Secours Depaul Medical Center Llc | Maryview Hospital Llc | 176 |
| 2020-01-01 | Bon Secours Mercy Health Franklin Llc | Franklin Hospital Corporation | Southampton Memorial Hospital | 90 |
| 2020-01-01 | Bon Secours Mercy Health Emporia Llc | Emporia Hospital Corporation | Southern Virginia Regional Med. Ctr. | 70 |
| 2020-01-01 | Bon Secours Mercy Health Petersburg Llc | Petersburg Hospital Company Llc | Bon Secours Southside Medical Center | 300 |
| 2020-01-01 | Inova Health Care Services | Loudoun Hospital Center | Inova Loudoun Hospital Center | 189 |
| 2017-10-01 | Danville Regional Medical Center Llc | Phc-Martinsville Inc | Danville Regional Medical Center | 205 |