Mon Health Marion Neighborhood Hospi
dba Mon Health Marion ·
White Hall, Marion County, WV
· CCN 510093
Licensed to Mon Health Marion Neighborhood Hospital, Inc.
Composite
53.9
rank score
Distress
85
FY2023
Fit
39
vs thesis
Estimated ticket
$700K–$1.4M
10 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy below 30%
- 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
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $9.0M |
| Operating margin | -8.5% |
| Total margin | -8.1% |
| Days cash on hand | 24 |
| Current ratio | 0.23 |
| Occupancy | 9% |
Facility
| Beds | 10 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 10 | $2.7M | $-2.3M | -86.6% | -86.6% | 16 | 0.17 | 16% | 95 | 100 |
| 2023 | 10 | $9.0M | $-732K | -8.5% | -8.1% | 24 | 0.23 | 9% | 123 | 85 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Vandalia Health Inc | 5% or greater direct ownership interest | 100 | 2022-09 | |
| Vandalia Health Inc | operational/managerial control | 100 | 2022-09 | |
| Christopher Edwards | corporate director | 2021-12 | ||
| Christopher Edwards | operational/managerial control | 2021-12 | ||
| Clyde Scherich | w-2 managing employee | 2022-03 | ||
| Clyde Scherich | operational/managerial control | 2022-03 | ||
| David Goldberg | corporate officer | 2021-12 | ||
| David Goldberg | corporate director | 2021-12 | ||
| Dixie Yann | corporate director | 2021-12 | ||
| Jeffrey Crudele | corporate officer | 2022-02 | ||
| John Schirripa | corporate director | 2021-12 | ||
| Roman Prezioso | corporate director | 2022-07 | ||
| Ronald Stovash | corporate director | 2021-12 |
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 |