Sage Memorial Hospital
Ganado, Apache County, AZ
· CCN 031309
Licensed to Navajo Health Foundation-Sage Memorial Hospital, Inc.
Composite
35.5
rank score
Distress
33
FY2023
Fit
52
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin below -10%
- occupancy below 30%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $40.0M |
| Operating margin | -20.7% |
| Total margin | 25.4% |
| Days cash on hand | 615 |
| Current ratio | 13.65 |
| Occupancy | 13% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $21.1M | $1.9M | -79.5% | 4.8% | 1,317 | 16.55 | 10% | 156 | 37 |
| 2021 | 25 | $16.3M | $-5.5M | -125.9% | -17.5% | 1,089 | 17.86 | 13% | 251 | 53 |
| 2022 | 25 | $24.0M | $4.4M | -65.3% | 8.5% | 0 | -1.94 | 11% | 249 | 72 |
| 2023 | 25 | $40.0M | $16.4M | -20.7% | 25.4% | 615 | 13.65 | 13% | 282 | 33 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Christi El-Meligi | corporate officer | 100 | 2013-10 | |
| Christi El-Meligi | w-2 managing employee | 2018-09 | ||
| Michael Katigbak | contracted managing employee | 2019-03 | ||
| Michael Katigbak | corporate officer | 2019-03 | ||
| Netrisha Dalgai | corporate officer | 2018-09 | ||
| Netrisha Dalgai | w-2 managing employee | 2018-09 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.