Honorhealth Scottsdale Thompson Peak
dba Honorhealth Scottsdale Thompson Peak Medical Center ·
Scottsdale, Maricopa County, AZ
· CCN 030123
Licensed to Honorhealth
Composite
61.7
rank score
Distress
61
FY2023
Fit
86
vs thesis
Estimated ticket
$51.0M–$204M
120 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin under 2%
- under 30 days cash on hand
- current ratio below 0.8
- occupancy 45-60%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $201M |
| Operating margin | -0.2% |
| Total margin | 0.7% |
| Days cash on hand | 0 |
| Current ratio | -0.15 |
| Occupancy | 57% |
Facility
| Beds | 120 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| 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 | 120 | $162M | $13.0M | 0.8% | 7.5% | 0 | -0.25 | 55% | 5,861 | 44 |
| 2021 | 120 | $183M | $7.7M | 1.8% | 4.1% | 0 | -0.23 | 62% | 5,972 | 42 |
| 2022 | 120 | $188M | $139K | -1.6% | 0.1% | 0 | -0.18 | 61% | 6,220 | 54 |
| 2023 | 120 | $201M | $1.5M | -0.2% | 0.7% | 0 | -0.15 | 57% | 5,979 | 61 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alpa Shah | corporate director | 2020-01 | ||
| Andrew Kassir | corporate director | 2020-01 | ||
| Charles Mitchell | corporate director | 2021-07 | ||
| Denise Montee | w-2 managing employee | 2024-01 | ||
| Denise Montee | operational/managerial control | 2024-01 | ||
| Drew Brown | corporate director | 2007-08 | ||
| Frank Pugh | corporate director | 2013-10 | ||
| Fred Hessler | corporate director | 2018-01 | ||
| Heidi Jannenga | corporate director | 2024-01 | ||
| Honorhealth | operational/managerial control | 2017-02 | ||
| Jesika Bailie | w-2 managing employee | 2022-01 | ||
| Jesika Bailie | operational/managerial control | 2022-01 | ||
| Julie Arvo Mackenzie | corporate director | 2013-10 | ||
| Kathleen Player | corporate director | 2025-01 | ||
| Kathryn Lincoln | corporate director | 2013-10 | ||
| Lisa Montman | corporate officer | 2022-01 | ||
| Lisa Montman | w-2 managing employee | 2022-01 | ||
| Lisa Montman | operational/managerial control | 2022-01 | ||
| Peter Hathaway | corporate director | 2013-10 | ||
| Robert Welborn | corporate director | 2007-08 | ||
| Steven Wheeler | corporate director | 2008-01 | ||
| Todd Laporte | corporate officer | 2015-01 | ||
| Todd Laporte | corporate director | 2015-01 | ||
| Todd Laporte | w-2 managing employee | 2015-01 | ||
| Todd Laporte | operational/managerial control | 2015-01 |
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 |