dealflow
envelope $200M

← Targets

Verde Valley Medical Center

Cottonwood, Yavapai County, AZ · CCN 030007
Licensed to Verde Valley Medical Center

Composite
54.0
rank score
Distress
44
FY2024
Fit
86
vs thesis
Estimated ticket
$43.5M–$174M
87 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • under 30 days cash on hand
  • current ratio below 0.8
  • occupancy 45-60%
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$178M
Operating margin 5.8%
Total margin 16.9%
Days cash on hand 0
Current ratio 0.78
Occupancy54%

Facility

Beds87
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 87 $176M $70.2M 13.5% 31.6% 199 3.74 53% 4,355 2
2022 87 $194M $9.7M 13.8% 5.5% 85 4.44 64% 4,947 10
2023 87 $172M $26.9M 4.3% 14.0% 8 3.16 50% 4,445 24
2024 87 $178M $34.2M 5.8% 16.9% 0 0.78 54% 4,755 44

Owners

OwnerRole%SinceType
Northern Arizona Healthcare Corporation
Flagstaff, AZ
5% or greater direct ownership interest 100 1995-02
Northern Arizona Healthcare Corporation
Flagstaff, AZ
operational/managerial control 100 1995-03
Brian Craft corporate officer 2025-10
Coral Evans-Randall corporate director 2025-08
Daryl Melvin corporate director 2022-09
David Cheney corporate officer 2023-06
Janina Johnson corporate director 2025-08
John Rivers corporate director 2019-04
Kathy Martinez w-2 managing employee 2016-04
Paula Herald corporate director 2023-06
Randall Garrison corporate director 2019-04
Richard Evnen corporate director 2023-06
Robert Cofield corporate officer 2023-11
Stephanie Timonen w-2 managing employee 2016-01
Tonia Douros w-2 managing employee 2000-10
Troy Lorents corporate director 2021-11
William Badger corporate director 2023-04

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 AZ

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

DateBuyerSellerHospitalBeds
2024-10-03 Honorhealth St Lukes Medical Center Lp Tempe St. Lukes Hospital 74
2024-10-03 Honorhealth Mountain Vista Medical Center Lp Mountain Vista Medical Center 138
2019-02-01 Dignity Community Care Dignity Health Chandler Regional Medical Center 429