St. Josephs Hospital Of Buckhannon
dba St Joseph's Hospital ·
Buckhannon, Upshur County, WV
· CCN 511321
Licensed to St Joseph's Hospital Of Buckhannon Inc
Composite
25.6
rank score
Distress
17
FY2023
Fit
45
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- 60-90 days cash on hand
- occupancy 30-45%
- margin slipping
- 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 · FY2023
| Net patient revenue | $112M |
| Operating margin | 14.1% |
| Total margin | 16.8% |
| Days cash on hand | 79 |
| Current ratio | 1.65 |
| Occupancy | 45% |
Facility
| Beds | 25 |
| 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 | 25 | $68.8M | $13.4M | 9.4% | 17.3% | 123 | 1.70 | 37% | 859 | 10 |
| 2021 | 25 | $85.7M | $13.9M | 13.2% | 15.2% | 151 | 2.23 | 48% | 1,102 | 2 |
| 2022 | 25 | $101M | $17.1M | 15.7% | 16.2% | 91 | 1.75 | 47% | 1,213 | 7 |
| 2023 | 25 | $112M | $20.6M | 14.1% | 16.8% | 79 | 1.65 | 45% | 1,234 | 17 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| West Virginia United Health System, Inc | 5% or greater indirect ownership interest | 100 | 2024-12 | |
| Bartley Brown | corporate director | 2018-01 | ||
| Brandon Tenney | corporate director | 2026-03 | ||
| Burton Abel | corporate director | 2026-03 | ||
| Danielle Ware | corporate director | 2026-03 | ||
| Danuta Pryzbylek | corporate director | 2024-12 | ||
| David Hess | corporate director | 2026-03 | ||
| Donald Nestor | corporate director | 2017-11 | ||
| Donovan Hanifan | corporate director | 2017-07 | ||
| Forest Hannah | corporate officer | 2026-03 | ||
| Forest Hannah | w-2 managing employee | 2026-03 | ||
| John Bohman | corporate director | 2020-11 | ||
| John Forester | corporate director | 2026-03 | ||
| John Forester | w-2 managing employee | 2026-03 | ||
| Keith Buchanan | corporate director | 2024-12 | ||
| Kelley Tierney | corporate director | 2024-12 |
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 |
|---|---|---|---|---|
| 2023-07-01 | 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 |