Chandler Regional Medical Center
Chandler, Maricopa County, AZ
· CCN 030036
Licensed to Dignity Community Care
Composite
32.7
rank score
Distress
10
FY2023
Fit
70
vs thesis
Estimated ticket
$42.9M–$85.8M
429 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- margin deteriorating sharply
- rural — cheaper but limited density
- very large — likely out of range
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $764M |
| Operating margin | 4.3% |
| Total margin | 8.7% |
| Days cash on hand | 257 |
| Current ratio | 9.31 |
| Occupancy | 86% |
Facility
| Beds | 429 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 338 | $562M | $89.8M | 7.0% | 14.7% | 548 | 7.05 | 85% | 23,620 | 0 |
| 2021 | 379 | $657M | $82.4M | 4.2% | 11.6% | 278 | 5.61 | 88% | 26,654 | 0 |
| 2022 | 429 | $700M | $-14.7M | -2.0% | -2.1% | 249 | 7.97 | 84% | 27,806 | 23 |
| 2023 | 429 | $764M | $69.3M | 4.3% | 8.7% | 257 | 9.31 | 86% | 31,986 | 10 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Commonspirit Health | 5% or greater indirect ownership interest | 100 | 2019-02 | |
| Commonspirit Health | operational/managerial control | 100 | 2019-02 | |
| Dignity Community Care | 5% or greater direct ownership interest | 100 | 2019-02 | |
| Dignity Community Care | operational/managerial control | 100 | 2019-02 | |
| Daniel Morissette | corporate officer | 2019-02 | ||
| Dignity Health | other | 2019-02 | ||
| Elizabeth Shih | corporate officer | 2021-01 | ||
| Elizabeth Shih | corporate director | 2021-01 | ||
| John Petersdorf | corporate officer | 2022-11 | ||
| John Petersdorf | w-2 managing employee | 2019-02 | ||
| John Petersdorf | operational/managerial control | 2019-02 | ||
| Marvin O'quinn | corporate officer | 2019-02 | ||
| Marvin O'quinn | corporate director | 2021-01 | ||
| Mitch Melfi | corporate officer | 2021-01 | ||
| Mitch Melfi | corporate director | 2021-01 | ||
| Scott Carswell | corporate director | 2021-01 | ||
| Steven Scharmann | corporate officer | 2022-11 | ||
| Steven Scharmann | w-2 managing employee | 2019-02 | ||
| Steven Scharmann | operational/managerial control | 2019-02 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2019-02-01 | change of ownership | Dignity Community Care | Dignity Health |
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 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 |