Beckley Arh
dba Beckley Arh Hospital ·
Beckley, Raleigh County, WV
· CCN 510062
Licensed to Appalachian Regional Healthcare Inc
Composite
62.5
rank score
Distress
73
FY2024
Fit
74
vs thesis
Estimated ticket
$19.9M–$79.8M
57 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin under 2%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- margin slipping
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $115M |
| Operating margin | -19.5% |
| Total margin | 0.6% |
| Days cash on hand | 0 |
| Current ratio | 0.65 |
| Occupancy | 81% |
Facility
| Beds | 57 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 97 | $103M | $2.8M | -16.6% | 2.3% | 0 | 1.24 | 65% | 3,890 | 64 |
| 2022 | 97 | $96.3M | $-27.8M | -44.5% | -25.0% | 0 | -0.35 | 60% | 4,207 | 82 |
| 2023 | 72 | $109M | $-23.5M | -37.8% | -18.5% | 0 | 0.75 | 85% | 4,974 | 91 |
| 2024 | 57 | $115M | $776K | -19.5% | 0.6% | 0 | 0.65 | 81% | 4,109 | 73 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Andrea Massey | corporate director | 2019-11 | ||
| Andrew Howell | w-2 managing employee | 2024-01 | ||
| Angela Hatton | corporate director | 2025-11 | ||
| Byron Gabbard | corporate officer | 2023-11 | ||
| Christi Lee | corporate officer | 2021-11 | ||
| Eric Smith | corporate director | 2025-11 | ||
| Gregory Couch | corporate director | 2013-11 | ||
| Hollie Harris | corporate officer | 2005-08 | ||
| Jeffrey Hollon | corporate director | 2012-11 | ||
| Joann Anderson | corporate director | 2017-11 | ||
| Karen Newman | corporate director | 2022-11 | ||
| Ken Allman | corporate director | 2019-11 | ||
| Maria Braman | corporate officer | 2016-03 | ||
| Martha Ellis | corporate director | 2024-11 | ||
| Michael Rust | corporate director | 2019-11 | ||
| Randall Evans | corporate director | 2013-11 | ||
| Robert Wilson | corporate director | 2025-11 | ||
| Samuel Dunn | corporate director | 2021-11 | ||
| Sonya Bergman | corporate officer | 2021-11 | ||
| Vanessa Johnson | w-2 managing employee | 2017-08 |
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 WV
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 |
|---|---|---|---|---|
| 2023-01-01 | Camc Greenbrier Valley Medical Center Inc | Greenbrier Vmc Llc | Greenbrier Valley Medical Center | 66 |
| 2020-07-01 | Wetzel County Hospital Inc | Wetzel County Hospital Association | Wetzel County Hospital | 25 |