Arizona General Hospital
dba Dignity Health Arizona General Hospital ·
Mesa, Maricopa County, AZ
· CCN 030139
Licensed to Agh Mesa Llc
Composite
61.0
rank score
Distress
63
FY2023
Fit
82
vs thesis
Estimated ticket
$21.2M–$85.0M
50 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- under 30 days cash on hand
- liabilities exceed assets
- occupancy 45-60%
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size somewhat below the envelope
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $118M |
| Operating margin | -9.0% |
| Total margin | -7.7% |
| Days cash on hand | 0 |
| Current ratio | 2.09 |
| Occupancy | 58% |
Facility
| Beds | 50 |
| 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 | 50 | $48.9M | $-21.7M | -45.6% | -43.8% | 0 | 0.83 | 33% | 1,396 | 92 |
| 2021 | 50 | $105M | $-7.7M | -8.8% | -7.2% | 0 | 1.55 | 56% | 1,942 | 70 |
| 2022 | 50 | $116M | $-6.5M | -6.6% | -5.5% | 0 | 1.91 | 52% | 2,745 | 70 |
| 2023 | 50 | $118M | $-9.2M | -9.0% | -7.7% | 0 | 2.09 | 58% | 3,433 | 63 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Agh Phoenix Llc | 5% or greater direct ownership interest | 100 | 2016-01 | |
| Commonspirit Health | 5% or greater indirect ownership interest | 100 | 2019-02 | |
| Dignity Community Care | 5% or greater indirect ownership interest | 100 | 2019-02 | |
| Bradley Pristelski | corporate director | 2020-03 | ||
| Commonspirit Health | operational/managerial control | 2019-02 | ||
| Cynthia Rosenberg | corporate officer | 2022-11 | ||
| Cynthia Rosenberg | corporate director | 2022-11 | ||
| Daniel Morissette | corporate officer | 2019-02 | ||
| Daniel Morissette | other | 2023-09 | ||
| Derek Havens | corporate director | 2022-05 | ||
| Dignity Health | other | 2019-02 | ||
| Eric Sorensen | corporate director | 2022-11 | ||
| Jeffrey O'malley | corporate director | 2020-03 | ||
| John Bauer | corporate officer | 2019-11 | ||
| John Bauer | operational/managerial control | 2019-11 | ||
| Larissa Spraker | corporate officer | 2021-11 | ||
| Larissa Spraker | corporate director | 2022-11 | ||
| Peggy Sanborn | corporate director | 2019-08 |
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 |