Summers County Arh
dba Summers County Arh Hospital ·
Hinton, WV
· CCN 511310
Licensed to Appalachian Regional Healthcare Inc
Composite
53.6
rank score
Distress
79
FY2024
Fit
45
vs thesis
Estimated ticket
$1.5M–$3.0M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin below -10%
- under 30 days cash on hand
- current ratio below 0.8
- debt above 85% of assets
- occupancy 30-45%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $17.4M |
| Operating margin | -27.6% |
| Total margin | 2.4% |
| Days cash on hand | 0 |
| Current ratio | -0.28 |
| Occupancy | 37% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $59.5K |
| Per-bed (high) | $119K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $17.7M | $4.6M | -6.4% | 19.5% | 0 | -43.80 | 27% | 228 | 67 |
| 2022 | 25 | $17.3M | $-1.2M | -20.0% | -6.0% | 1 | 10.59 | 32% | 270 | 68 |
| 2023 | 25 | $18.3M | $182K | -21.9% | 0.8% | 3 | -0.33 | 29% | 218 | 83 |
| 2024 | 25 | $17.4M | $557K | -27.6% | 2.4% | 0 | -0.28 | 37% | 178 | 79 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Andrea Massey | corporate director | 2019-11 | ||
| Bessie Wright | corporate officer | 2010-05 | ||
| Christi Lee | corporate officer | 2021-11 | ||
| Danny Harris | corporate officer | 2013-05 | ||
| Gregory Couch | corporate director | 2013-11 | ||
| Gregory Pauley | corporate director | 2010-11 | ||
| Gregory Wilson | corporate director | 2019-11 | ||
| Hollie Harris | corporate officer | 2005-08 | ||
| Jeffrey Hollon | corporate director | 2012-11 | ||
| Joanna Santiesteban | corporate director | 2020-11 | ||
| Julie Rose | corporate director | 2014-11 | ||
| Ken Allman | corporate director | 2019-11 | ||
| Larry Francis | corporate director | 2014-11 | ||
| Maria Braman | corporate officer | 2016-03 | ||
| Michael Rust | corporate director | 2019-11 | ||
| Onzie Sizemore | corporate director | 2014-11 | ||
| Randall Evans | corporate director | 2013-11 | ||
| Samuel Dunn | corporate director | 2021-11 | ||
| Susan Neace | w-2 managing employee | 2005-01 | ||
| Theodore Myre | corporate director | 2017-11 | ||
| Wes Dangerfield | w-2 managing employee | 2007-05 |
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 |
|---|---|---|---|---|
| 2023-07-01 | 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 |