Arizona Orthopedic Surgical Hospital
dba Arizona Specialty Hospital ·
Chandler, Maricopa County, AZ
· CCN 030112
Licensed to Orthopedic And Surgical Specialty Company Llc
Composite
54.7
rank score
Distress
66
FY2023
Fit
62
vs thesis
Estimated ticket
$10.2M–$40.8M
24 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin negative
- total margin negative
- under 30 days cash on hand
- current ratio under 1.5
- debt above 70% of assets
- occupancy below 30%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- very small facility
- small ticket — deploys little of the available capital
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $29.6M |
| Operating margin | -0.3% |
| Total margin | -1.4% |
| Days cash on hand | 17 |
| Current ratio | 1.19 |
| Occupancy | 10% |
Facility
| Beds | 24 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 24 | $26.8M | $2.7M | 7.4% | 9.7% | 61 | 1.78 | 18% | 820 | 23 |
| 2021 | 24 | $31.8M | $2.7M | 4.6% | 8.1% | 48 | 1.41 | 19% | 786 | 33 |
| 2022 | 24 | $26.2M | $-2.5M | -9.6% | -9.5% | 12 | 0.96 | 12% | 464 | 83 |
| 2023 | 24 | $29.6M | $-426K | -0.3% | -1.4% | 17 | 1.19 | 10% | 416 | 66 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Dignity Usp Phoenix Surgery Centers Ii Llc | operational/managerial control | 100 | 2022-02 | |
| Dignity Usp Phoenix Surgery Centers Ii Llc | 5% or greater direct ownership interest | 70 | 2022-01 | |
| Dignity Health | 5% or greater indirect ownership interest | 35 | 2003-02 | |
| Tenet Healthcare Corporation | 5% or greater indirect ownership interest | 35 | 2015-06 | |
| United Surgical Partners Holdings Inc | 5% or greater indirect ownership interest | 35 | 2001-04 | |
| United Surgical Partners International Inc | 5% or greater indirect ownership interest | 35 | 2001-04 | |
| Usp Domestic Holdings Inc | 5% or greater indirect ownership interest | 35 | 2001-04 | |
| Usp Phoenix Inc | 5% or greater indirect ownership interest | 35 | 2003-02 | |
| Uspi Group Holdings Inc | 5% or greater indirect ownership interest | 35 | 2007-04 | |
| Uspi Holding Company Inc | 5% or greater indirect ownership interest | 35 | 2015-06 | |
| Uspi Holdings Inc | 5% or greater indirect ownership interest | 35 | 2007-04 | |
| Hcn Surgery Center Holdings Inc | 5% or greater indirect ownership interest | 15 | 2015-06 | |
| Barbara Mcwilliams | corporate officer | 2024-05 | ||
| Barbara Mcwilliams | w-2 managing employee | 2024-05 | ||
| Eric Boon | corporate officer | 2020-06 | ||
| Eric Boon | w-2 managing employee | 2020-06 |
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 |