Providence Alaska Medical Center
Anchorage, AK
· CCN 020001
Licensed to Providence Health & Services Washington
Composite
10.6
rank score
Distress
10
FY2023
Fit
55
vs thesis
Estimated ticket
$200M–$802M
401 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $805M |
| Operating margin | 12.2% |
| Total margin | 22.1% |
| Days cash on hand | 284 |
| Current ratio | 8.54 |
| Occupancy | 77% |
Facility
| Beds | 401 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 401 | $659M | $219M | 11.4% | 27.3% | 346 | 7.50 | 68% | 14,190 | 0 |
| 2021 | 401 | $720M | $227M | 9.9% | 25.9% | 335 | 6.54 | 76% | 14,617 | 0 |
| 2022 | 401 | $741M | $-47.8M | 6.8% | -7.4% | 386 | 14.15 | 77% | 14,684 | 12 |
| 2023 | 401 | $805M | $200M | 12.2% | 22.1% | 284 | 8.54 | 77% | 15,050 | 10 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Anna Newsom | corporate officer | 2022-05 | ||
| Charles Sorenson | corporate director | 2019-01 | ||
| Darryl Elmouchi | corporate officer | 2025-04 | ||
| Diane Hejna | corporate director | 2016-07 | ||
| Donald Anderson | corporate officer | 2017-01 | ||
| Donna Markham | corporate director | 2024-01 | ||
| Eric Sprunk | corporate director | 2022-01 | ||
| Gregory Hoffman | corporate officer | 2020-10 | ||
| Isiaah Crawford | corporate director | 2012-02 | ||
| James Martin | corporate officer | 2023-01 | ||
| Karin Dufault | corporate director | 2025-01 | ||
| Linda Buck | corporate director | 2025-01 | ||
| Marvin O'quinn | corporate director | 2024-01 | ||
| Mary Beth Formby | w-2 managing employee | 2025-11 | ||
| Mary Beth Kingston | corporate director | 2022-09 | ||
| Mary Lyons | corporate director | 2016-07 | ||
| Michael Murphy | corporate director | 2020-01 | ||
| Phyllis Hughes | corporate director | 2014-01 | ||
| Providence Health & Services | other | 2016-07 | ||
| Providence Health & Services - Washington | 5% or greater direct ownership interest | 1966-01 | ||
| Providence Health & Services - Washington | operational/managerial control | 2016-07 | ||
| Providence St. Joseph Health | other | 2016-07 | ||
| Richard Blair | corporate director | 2016-07 | ||
| Rogelio Riojas | corporate director | 2025-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.