Prov. Kodiak Island Medical Center
dba Providence Kodiak Island Medical Center ·
Kodiak, Kodiak Island Borough County, AK
· CCN 021306
Licensed to Providence Health & Services Washington
Composite
19.9
rank score
Distress
14
FY2023
Fit
34
vs thesis
Estimated ticket
$2.0M–$4.1M
24 beds ·
within envelope
Ownership
nonprofit
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
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $61.6M |
| Operating margin | 3.9% |
| Total margin | 4.4% |
| Days cash on hand | 927 |
| Current ratio | 1.51 |
| Occupancy | 26% |
Facility
| Beds | 24 |
| 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 | 24 | $50.4M | $4.8M | 8.3% | 9.3% | 542 | 3.26 | 25% | 500 | 9 |
| 2021 | 24 | $56.5M | $7.1M | 8.1% | 12.0% | 697 | 2.19 | 33% | 567 | 6 |
| 2022 | 24 | $59.6M | $319K | -0.6% | 0.5% | 419 | 8.17 | 24% | 675 | 28 |
| 2023 | 24 | $61.6M | $2.7M | 3.9% | 4.4% | 927 | 1.51 | 26% | 607 | 14 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Providence Health & Services - Washington | 5% or greater direct ownership interest | 100 | 1997-04 | |
| Anna Newsom | corporate officer | 2022-05 | ||
| Benjamin Carver | w-2 managing employee | 2025-05 | ||
| Charles Sorenson | corporate director | 2019-01 | ||
| Darryl Elmouchi | corporate officer | 2025-04 | ||
| Diane Hejna | corporate director | 2016-07 | ||
| Donald Anderson | corporate officer | 2025-01 | ||
| 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 | ||
| John Loomis | w-2 managing employee | 2025-11 | ||
| 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 | ||
| Phyllis Hughes | corporate director | 2014-01 | ||
| Providence Health & Services | other | 2016-07 | ||
| Providence Health & Services - Washington | operational/managerial control | 1997-04 | ||
| Providence St. Joseph Health | other | 2016-07 | ||
| Richard Blair | corporate director | 2016-07 |
Showing 25 of 26. Full list via /api/targets/021306.
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2018-11-01 | Southeast Alaska Regional Health Consortium | Wrangell Medical Center | Wrangell Medical Center | 8 |