Banner Baywood Medical Center
Mesa, Maricopa County, AZ
· CCN 030088
Licensed to Banner Baywood Medical Center
Composite
60.0
rank score
Distress
67
FY2023
Fit
74
vs thesis
Estimated ticket
$27.5M–$54.9M
323 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin -8% to -3%
- under 30 days cash on hand
- liabilities exceed assets
- occupancy 45-60%
- margin deteriorating sharply
- rural — cheaper but limited density
- large — ticket likely stretches the envelope
- ticket size somewhat below the envelope
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $282M |
| Operating margin | -4.5% |
| Total margin | -3.6% |
| Days cash on hand | 0 |
| Current ratio | 2.03 |
| Occupancy | 55% |
Facility
| Beds | 323 |
| 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 | 318 | $292M | $29.2M | 7.0% | 9.7% | 7 | 2.66 | 64% | 13,838 | 30 |
| 2021 | 318 | $250M | $-52.8M | -24.8% | -20.3% | 0 | 2.05 | 68% | 13,608 | 78 |
| 2022 | 323 | $1.4B | $1.1B | 79.1% | 79.1% | 0 | 1.94 | 54% | 11,718 | 36 |
| 2023 | 323 | $282M | $-10.4M | -4.5% | -3.6% | 0 | 2.03 | 55% | 12,174 | 67 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Banner Health | 5% or greater direct ownership interest | 100 | 2003-05 | |
| Banner Health | operational/managerial control | 100 | 2003-05 | |
| Amy Perry | corporate officer | 2021-11 | ||
| Anne Mariucci | corporate officer | 2015-03 | ||
| Brenda Schaefer | corporate officer | 2014-03 | ||
| Carole Faig | corporate director | 2026-03 | ||
| Christine Rosini | corporate director | 2020-07 | ||
| Christine Rosini | w-2 managing employee | 2020-07 | ||
| Christopher Volk | corporate director | 2009-12 | ||
| Dean Harrison | corporate director | 2023-09 | ||
| Holly Gregory | corporate director | 2020-07 | ||
| Holly Gregory | w-2 managing employee | 2020-07 | ||
| Jean Lance | corporate officer | 2022-06 | ||
| John Koster | corporate officer | 2015-12 | ||
| John Scherpf | corporate director | 2026-03 | ||
| John Scherpf | w-2 managing employee | 2026-03 | ||
| 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 | 2022-12 | ||
| Paris Labruzzo | w-2 managing employee | 2022-12 | ||
| Quentin Smith | corporate director | 1999-09 |
Showing 25 of 31. Full list via /api/targets/030088.
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 |