Banner Goldfield Medical Center
Apache Junction, Pinal County, AZ
· CCN 030134
Licensed to Banner Goldfield Medical Center
Composite
54.0
rank score
Distress
63
FY2023
Fit
60
vs thesis
Estimated ticket
$8.5M–$34.0M
20 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin below -8%
- under 30 days cash on hand
- occupancy below 30%
- part of a multi-hospital chain — divestiture candidate
- 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
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $22.5M |
| Operating margin | -9.1% |
| Total margin | -9.6% |
| Days cash on hand | 0 |
| Current ratio | 5.23 |
| Occupancy | 27% |
Facility
| Beds | 20 |
| 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 | 20 | $19.5M | $-2.3M | -16.4% | -11.4% | 0 | 2.08 | 36% | 886 | 72 |
| 2021 | 20 | $22.9M | $-3.1M | -16.7% | -12.9% | 0 | 1.65 | 41% | 922 | 72 |
| 2022 | 20 | $24.3M | $-195K | -4.1% | -0.8% | 0 | 3.44 | 36% | 895 | 51 |
| 2023 | 20 | $22.5M | $-2.1M | -9.1% | -9.6% | 0 | 5.23 | 27% | 767 | 63 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Banner Health | 5% or greater direct ownership interest | 100 | 2013-05 | chain |
| Banner Health | operational/managerial control | 100 | 2013-05 | chain |
| Amy Perry | corporate officer | 2021-11 | ||
| Anne Mariucci | corporate director | 2015-03 | ||
| Brenda Schaefer | corporate officer | 2014-03 | ||
| Carole Faig | corporate director | 2026-03 | ||
| Christopher Volk | corporate director | 2009-12 | ||
| Darren Mccollem | corporate director | 2026-03 | ||
| Darren Mccollem | w-2 managing employee | 2026-03 | ||
| 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 | ||
| Sara Ward | corporate director | 2023-09 |
Showing 25 of 28. Full list via /api/targets/030134.
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 |