Copper Queen Comm. Hosp.
dba Copper Queen Community Hospital ·
Bisbee, Cochise County, AZ
· CCN 031312
Licensed to Bisbee Hospital Association
Composite
24.4
rank score
Distress
11
FY2024
Fit
48
vs thesis
Estimated ticket
$1.2M–$2.4M
14 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- occupancy 30-45%
- margin deteriorating
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $75.0M |
| Operating margin | 11.6% |
| Total margin | 17.6% |
| Days cash on hand | 310 |
| Current ratio | 11.15 |
| Occupancy | 34% |
Facility
| Beds | 14 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 14 | $50.7M | $11.0M | 10.9% | 19.6% | 322 | 6.10 | 47% | 377 | 2 |
| 2022 | 14 | $57.6M | $6.7M | 6.9% | 11.0% | 280 | 8.46 | 37% | 379 | 6 |
| 2023 | 14 | $63.5M | $10.3M | 6.6% | 14.7% | 289 | 11.03 | 35% | 259 | 6 |
| 2024 | 14 | $75.0M | $14.2M | 11.6% | 17.6% | 310 | 11.15 | 34% | 277 | 11 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Heather Lundstrom | corporate officer | 100 | 2018-07 | |
| Robert Seamon | corporate officer | 100 | 2018-08 | |
| Robert Seamon | w-2 managing employee | 100 | 2018-08 | |
| Dennis Gallus | corporate director | 8 | 2011-01 | |
| Dennis Nelson | corporate director | 8 | 2011-01 | |
| Gary Dillard | corporate director | 8 | 2011-01 | |
| John Harris | corporate director | 8 | 2011-01 | |
| Kathleen Heard | corporate director | 8 | 2011-01 | |
| Laura Chavez | corporate director | 8 | 2011-01 | |
| Lawana Diffie | corporate director | 8 | 2011-01 | |
| Peter Carberry | corporate director | 8 | 2011-01 | |
| Robert Howell | corporate director | 8 | 2011-01 | |
| Rosa Lopez | corporate director | 8 | 2011-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.