Banner Boswell Medical Center
Sun City, Maricopa County, AZ
· CCN 030061
Licensed to Banner Boswell Medical Center
Composite
55.7
rank score
Distress
61
FY2023
Fit
70
vs thesis
Estimated ticket
$34.9M–$69.7M
410 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- under 30 days cash on hand
- 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 | $373M |
| Operating margin | -7.4% |
| Total margin | -6.7% |
| Days cash on hand | 0 |
| Current ratio | 2.51 |
| Occupancy | 65% |
Facility
| Beds | 410 |
| Facility type | STH |
| 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 | 410 | $347M | $15.2M | 0.0% | 4.2% | 0 | 3.07 | 61% | 14,508 | 29 |
| 2021 | 410 | $356M | $-21.9M | -9.6% | -6.0% | 0 | 2.57 | 66% | 15,539 | 57 |
| 2022 | 410 | $357M | $-19.2M | -7.2% | -5.3% | 0 | 2.62 | 63% | 15,139 | 57 |
| 2023 | 410 | $373M | $-25.0M | -7.4% | -6.7% | 0 | 2.51 | 65% | 16,022 | 61 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Banner Health | 5% or greater direct ownership interest | 100 | 2008-08 | |
| Amy Perry | corporate officer | 2021-11 | ||
| Anne Mariucci | corporate director | 2015-03 | ||
| Brenda Schaefer | corporate officer | 2014-03 | ||
| Carole Faig | corporate director | 2026-03 | ||
| Christine Rosini | corporate director | 2026-02 | ||
| Christine Rosini | w-2 managing employee | 2026-02 | ||
| Christopher Volk | corporate director | 2009-12 | ||
| Dean Harrison | corporate director | 2023-09 | ||
| Holly Gregory | corporate director | 2026-02 | ||
| Holly Gregory | w-2 managing employee | 2026-02 | ||
| Jean Lance | corporate officer | 2022-06 | ||
| John Koster | corporate director | 2015-12 | ||
| Julie Ann Alvarado-Dubek | corporate officer | 2022-02 | ||
| Marjorie Bessel | corporate officer | 2018-01 | ||
| Mark Wallace | corporate director | 2021-09 | ||
| Mary Schubert | corporate officer | 2024-01 | ||
| Michael Butler | corporate director | 2025-09 | ||
| Michael Garnreiter | corporate director | 2012-08 | ||
| Paris Labruzzo | corporate director | 2026-02 | ||
| Paris Labruzzo | w-2 managing employee | 2026-02 | ||
| Quentin Smith | corporate director | 1999-09 | ||
| Rick Myers | corporate director | 2023-09 | ||
| Sara Ward | corporate director | 2023-09 | ||
| Staci Dickerson | corporate officer | 2023-07 |
Showing 25 of 30. Full list via /api/targets/030061.
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.
| 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 |