Banner University Med Center South
Tucson, Pima County, AZ
· CCN 030111
Licensed to Banner - University Medical Center South Campus Llc
Composite
57.5
rank score
Distress
49
FY2023
Fit
88
vs thesis
Estimated ticket
$73.5M–$294M
147 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin under 2%
- under 30 days cash on hand
- margin deteriorating
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $221M |
| Operating margin | -8.4% |
| Total margin | 1.5% |
| Days cash on hand | 0 |
| Current ratio | 9.41 |
| Occupancy | 84% |
Facility
| Beds | 147 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 150 | $167M | $9.5M | -8.2% | 5.0% | 0 | 5.30 | 70% | 7,206 | 44 |
| 2021 | 144 | $198M | $9.1M | -5.2% | 4.2% | 0 | 6.27 | 78% | 7,080 | 44 |
| 2022 | 132 | $191M | $-9.5M | -16.3% | -4.4% | 0 | 8.21 | 74% | 6,518 | 62 |
| 2023 | 147 | $221M | $3.7M | -8.4% | 1.5% | 0 | 9.41 | 84% | 6,839 | 49 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Banner Health | 5% or greater direct ownership interest | 100 | 2015-01 | |
| Alison Flynn Gaffney | corporate director | 2024-12 | ||
| Alison Flynn Gaffney | w-2 managing employee | 2024-12 | ||
| 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 |
Showing 25 of 30. Full list via /api/targets/030111.
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 |