Sistersville General Hospital
Sistersville, WV
· CCN 511304
Licensed to Marietta Memorial Hospital Of Tyler County Inc
Composite
29.2
rank score
Distress
31
FY2023
Fit
38
vs thesis
Estimated ticket
$510K–$1.0M
6 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin under 2%
- under 30 days cash on hand
- occupancy 30-45%
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $19.2M |
| Operating margin | 1.1% |
| Total margin | 4.7% |
| Days cash on hand | 3 |
| Current ratio | 3.00 |
| Occupancy | 45% |
Facility
| Beds | 6 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 12 | $5.9M | $-538K | -59.1% | -6.2% | 84 | 0.90 | 4% | 22 | 79 |
| 2021 | 4 | $12.2M | $3.1M | -8.3% | 18.8% | 5 | 1.49 | 37% | 66 | 61 |
| 2022 | 6 | $16.9M | $1.4M | 2.4% | 7.7% | 1 | 1.83 | 50% | 41 | 24 |
| 2023 | 6 | $19.2M | $935K | 1.1% | 4.7% | 3 | 3.00 | 45% | 27 | 31 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Carol Schneeberger | corporate director | 2020-01 | ||
| Christopher Cockerham | corporate director | 2020-01 | ||
| Colleen Cook | corporate director | 2010-01 | ||
| Elizabeth Helmick | corporate director | 2021-02 | ||
| Gregg Emerick | corporate director | 2019-01 | ||
| Hugh Sherman | corporate director | 2024-01 | ||
| James Barengo | corporate director | 2014-01 | ||
| Joseph Cooper | corporate director | 2003-01 | ||
| Matthew Pottmeyer | corporate director | 2024-01 | ||
| Michael Archer | corporate director | 2005-01 | ||
| Michael Iaderosa | corporate director | 2002-10 | ||
| Paul Westbrock | corporate officer | 2000-06 | ||
| Rebekah Gilden | w-2 managing employee | 2011-06 | ||
| Sheryl Holdren | corporate director | 2017-01 | ||
| Stephen Keiser | corporate director | 2019-01 | ||
| Terry Rataiczak | corporate director | 2019-01 | ||
| Thomas Danford | corporate director | 2005-01 | ||
| Victoria Mcgee | w-2 managing employee | 2014-05 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2020-10-01 | change of ownership | Marietta Memorial Hospital Of... | City Of Sistersville |
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 |
|---|---|---|---|---|
| 2023-07-01 | Grant Memorial Hospital Inc | Grant Memorial Hospital | Grant Memorial Hospital | 25 |
| 2023-04-01 | Camc Plateau Medical Center, Inc. | Oak Hill Hospital Corporation | Plateau Medical Center | 25 |
| 2022-01-01 | Webster Memorial Hospital Inc | Webster County Memorial Hospital | Webster Memorial Hospital | 25 |
| 2020-10-01 | Marietta Memorial Hospital Of... | City Of Sistersville | Sistersville General Hospital | 6 |
| 2019-07-01 | West Virginia Health Care Cooperative Inc | Summersville Regional Medical Center | Summersville Regional Med Center | 25 |