Northern Cochise Community Hospital
Willcox, Cochise County, AZ
· CCN 031302
Licensed to Northern Cochise Community Hospital Inc
Composite
36.1
rank score
Distress
38
FY2023
Fit
48
vs thesis
Estimated ticket
$2.0M–$4.1M
24 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin -10% to -5%
- 90-150 days cash on hand
- occupancy below 30%
- margin deteriorating
- urban — higher occupancy and iteration surface
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $18.1M |
| Operating margin | -6.4% |
| Total margin | 8.3% |
| Days cash on hand | 150 |
| Current ratio | 7.05 |
| Occupancy | 10% |
Facility
| Beds | 24 |
| Facility type | CAH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 24 | $15.4M | $2.5M | -16.2% | 12.4% | 175 | 5.18 | 12% | 142 | 37 |
| 2022 | 24 | $18.3M | $2.2M | -3.4% | 10.6% | 128 | 15.92 | 12% | 160 | 29 |
| 2023 | 24 | $18.1M | $1.7M | -6.4% | 8.3% | 150 | 7.05 | 10% | 118 | 38 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Carol Dunagan | corporate director | 2023-06 | ||
| Daniel Wilson | corporate director | 2023-06 | ||
| Gary Kartchner | corporate officer | 2024-11 | ||
| Gary Kartchner | w-2 managing employee | 2024-11 | ||
| Jay Katz | corporate director | 2021-06 | ||
| Julia Strange | corporate director | 2021-06 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.