Alaska Specialty Hospital Llc
dba Providence St Elias Specialty Hospital ·
Anchorage, Anchorage Municipality County, AK
· CCN 022001
Licensed to Alaska Specialty Hospital, Llc
Composite
51.1
rank score
Distress
64
FY2023
Fit
51
vs thesis
Estimated ticket
$5.4M–$21.4M
21 beds ·
within envelope
Ownership
nonprofit
LTCH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- current ratio below 0.8
- liabilities exceed assets
- occupancy 45-60%
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- very small facility
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $41.2M |
| Operating margin | -24.0% |
| Total margin | -23.1% |
| Days cash on hand | 182 |
| Current ratio | 0.50 |
| Occupancy | 50% |
Facility
| Beds | 21 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $255K |
| Per-bed (high) | $1.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 41 | $24.2M | $-11.9M | -52.6% | -47.4% | 8 | 0.40 | 56% | 205 | 93 |
| 2021 | 36 | $36.4M | $-6.8M | -20.7% | -18.4% | 6 | 0.55 | 62% | 246 | 91 |
| 2022 | 26 | $38.7M | $-10.5M | -29.0% | -26.7% | 0 | -1.27 | 58% | 122 | 93 |
| 2023 | 21 | $41.2M | $-9.6M | -24.0% | -23.1% | 182 | 0.50 | 50% | 103 | 64 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Providence Health & Services - Washington | 5% or greater direct ownership interest | 100 | 2018-08 | chain |
| Anna Newsom | corporate officer | 2024-01 | ||
| Charles Sorenson | corporate director | 2024-01 | ||
| Darryl Elmouchi | corporate officer | 2025-04 | ||
| Diane Hejna | corporate director | 2024-01 | ||
| Donald Anderson | corporate officer | 2021-08 | ||
| Donna Markham | corporate director | 2024-01 | ||
| Eric Sprunk | corporate director | 2024-01 | ||
| Gregory Hoffman | corporate officer | 2021-08 | ||
| Isiaah Crawford | corporate director | 2024-01 | ||
| James Martin | corporate officer | 2024-01 | ||
| Jessica Oswald | w-2 managing employee | 2019-09 | ||
| Karin Dufault | corporate director | 2025-01 | ||
| Linda Buck | corporate director | 2025-01 | ||
| Marvin O'quinn | corporate director | 2024-01 | ||
| Mary Beth Kingston | corporate director | 2024-01 | ||
| Mary Lyons | corporate director | 2024-01 | ||
| Michael Murphy | corporate director | 2024-01 | ||
| Phyllis Hughes | corporate director | 2024-01 | ||
| Providence Health & Services | other | 2016-07 | ||
| Providence Health & Services - Washington | operational/managerial control | 2018-08 | chain | |
| Providence St. Joseph Health | other | 2016-07 | ||
| Richard Blair | corporate director | 2024-01 | ||
| 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.