Inova Fairfax Hospital
Falls Church, Fairfax County, VA
· CCN 490063
Licensed to Inova Health Care Services
Composite
12.9
rank score
Distress
23
FY2023
Fit
55
vs thesis
Estimated ticket
$454M–$1.8B
908 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- current ratio under 1.5
- urban — higher occupancy and iteration surface
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $2.7B |
| Operating margin | 23.0% |
| Total margin | 26.1% |
| Days cash on hand | 0 |
| Current ratio | 1.38 |
| Occupancy | 88% |
Facility
| Beds | 908 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 824 | $1.8B | $107M | -1.4% | 5.5% | 0 | 9.55 | 81% | 50,962 | 38 |
| 2021 | 794 | $2.2B | $104M | 1.1% | 4.6% | 0 | 1.63 | 94% | 53,139 | 29 |
| 2022 | 860 | $2.4B | $582M | 20.5% | 23.3% | 0 | 1.43 | 91% | 55,765 | 26 |
| 2023 | 908 | $2.7B | $724M | 23.0% | 26.1% | 0 | 1.38 | 88% | 47,350 | 23 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Inova Health Systems Foundation | 5% or greater direct ownership interest | 100 | 1978-05 | |
| Bruce Caswell | corporate director | 2025-01 | ||
| Charanjit Singh | corporate director | 2026-01 | ||
| Charles Beard | corporate director | 2026-01 | ||
| Christopher Smith | corporate officer | 2022-01 | ||
| Christopher Smith | w-2 managing employee | 2022-01 | ||
| Craig Albert | corporate director | 2025-01 | ||
| Eliot Fredd | w-2 managing employee | 2024-11 | ||
| Filiz Greenberg | w-2 managing employee | 2025-01 | ||
| Jace Jones | corporate officer | 2018-04 | ||
| Jean Stack | corporate director | 2023-01 | ||
| Jeffrey Mckay | corporate director | 2025-01 | ||
| Jill Duncan | corporate director | 2021-01 | ||
| John Gaul | corporate director | 2012-01 | ||
| Kathryn Falk | corporate director | 2022-01 | ||
| Lesley Kalan | corporate director | 2022-01 | ||
| Madeline Erario | corporate director | 2021-01 | ||
| Maureen Sintich | w-2 managing employee | 2019-07 | ||
| Nazzic Keene | corporate director | 2021-01 | ||
| Olin Mcclain | w-2 managing employee | 2018-11 | ||
| Paul Misener | corporate director | 2025-01 | ||
| Renee Desilva | corporate director | 2021-01 | ||
| Ricardo Talento | corporate officer | 2024-11 | ||
| Terri Mcclements | corporate director | 2025-01 | ||
| Timothy Gillis | corporate director | 2025-01 |
Showing 25 of 27. Full list via /api/targets/490063.
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 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 |