dealflow
envelope $200M

← Targets

Providence Valdez Medical Center

Valdez, Valdez-Cordova Borough County, AK · CCN 021301
Licensed to City Of Valdez

Composite
18.7
rank score
Distress
14
FY2023
Fit
31
vs thesis
Estimated ticket
$935K–$1.9M
11 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • occupancy below 30%
  • margin deteriorating
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • government-owned — public process likely

Latest financials · FY2023

Net patient revenue$20.9M
Operating margin 5.2%
Total margin 6.5%
Days cash on hand 334
Current ratio 4.15
Occupancy15%

Facility

Beds11
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 11 $16.9M $1.6M 1.4% 8.6% 381 2.70 12% 107 16
2021 11 $19.0M $3.0M 6.6% 14.4% 341 3.48 23% 129 9
2022 11 $20.0M $2.2M 8.4% 10.8% 311 8.85 21% 136 9
2023 11 $20.9M $1.4M 5.2% 6.5% 334 4.15 15% 100 14

Owners

OwnerRole%SinceType
City Of Valdez
Valdez, AK
5% or greater direct ownership interest 100 2005-01
Providence Health & Services - Washington
Renton, WA
operational/managerial control 100 2005-01
Anna Newsom corporate officer 2022-05
Charles Sorenson corporate director 2019-01
Darryl Elmouchi corporate director 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
James Travis w-2 managing employee 2026-03
Karin Dufault corporate director 2025-01
Linda Buck corporate director 2025-01
Marvin O'quinn corporate director 2024-01
Mary Beth Kingston corporate director 2022-09
Mary Lyons corporate director 2016-07
Michael Murphy corporate director 2020-01
Nathan Duval w-2 managing employee 2025-05
Pauline Doucet w-2 managing employee 2025-05
Phyllis Hughes corporate director 2014-01
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.

Who has been buying in AK

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2018-11-01 Southeast Alaska Regional Health Consortium Wrangell Medical Center Wrangell Medical Center 8