dealflow
envelope $200M

← Targets

Central Peninsula General Hospital

Soldotna, Kenai Peninsula Borough County, AK · CCN 020024
Licensed to Central Peninsula General Hospital Inc

Composite
27.3
rank score
Distress
9
FY2024
Fit
58
vs thesis
Estimated ticket
$4.9M–$9.8M
49 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • 60-90 days cash on hand
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$251M
Operating margin 2.5%
Total margin 6.4%
Days cash on hand 86
Current ratio 3.82
Occupancy86%

Facility

Beds49
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 49 $200M $7.6M -1.2% 3.6% 91 3.34 70% 2,358 20
2022 49 $232M $22.4M 4.0% 9.1% 87 3.35 83% 2,602 10
2023 49 $255M $21.9M 5.5% 8.3% 101 4.06 79% 2,634 4
2024 49 $251M $16.7M 2.5% 6.4% 86 3.82 86% 2,681 9

Owners

OwnerRole%SinceType
Angela Hinnegan corporate officer 2025-08
Barb Belloumini corporate director 2025-01
Bradley Cross corporate director 2023-01
Carrie Couey corporate director 2020-01
Central Peninsula General Hospital Inc
Soldotna, AK
operational/managerial control 2007-11
Jay Rohloff corporate director 2021-01
Jesse Kincaid corporate director 2022-01
Karl Hertz corporate officer 2025-06
Max Best corporate director 2021-01
Michael Reyes corporate director 2023-01
Paul Ostrander corporate director 2022-01
Shanda Richards w-2 managing employee 2021-02
Shaun Keef corporate officer 2019-01
Shaun Keef w-2 managing employee 2019-01
Silverio Mattero corporate director 2022-01
Stephanie Queen corporate director 2023-01
Trena Richardson corporate director 2020-01

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.