dealflow
envelope $200M

← Targets

Oasis Hospital

Phoenix, Maricopa County, AZ · CCN 030131

Composite
36.8
rank score
Distress
11
FY2023
Fit
80
vs thesis
Estimated ticket
$32.0M–$128M
64 beds · within envelope
Ownership
for-profit
STH

Why it ranks here

  • occupancy below 30%
  • margin slipping
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • very low occupancy — limited volume to learn from
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$68.4M
Operating margin 2.6%
Total margin 4.6%
Days cash on hand 188
Current ratio 2.75
Occupancy13%

Facility

Beds64
Facility typeSTH
Settingurban
Ownership classfor-profit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 64 $61.2M $3.7M 3.1% 5.9% 199 3.15 26% 3,026 9
2021 64 $69.4M $4.1M 5.3% 5.8% 137 2.87 23% 2,434 13
2022 64 $66.1M $2.7M 3.3% 4.0% 162 2.79 16% 1,719 9
2023 64 $68.4M $3.2M 2.6% 4.6% 188 2.75 13% 1,321 11

Owners

No ownership records — CMS has no owner filings mapped to this CCN.

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.

DateBuyerSellerHospitalBeds
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