White Mountain Regional Hospital
dba White Mountain Regional Medical Center ·
Springerville, Apache County, AZ
· CCN 031315
Licensed to White Mountain Regional Medical Center
Composite
21.6
rank score
Distress
11
FY2023
Fit
42
vs thesis
Estimated ticket
$1.8M–$3.6M
21 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- occupancy below 30%
- margin slipping
- rural — cheaper but limited density
- 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 | $24.5M |
| Operating margin | 2.1% |
| Total margin | 6.0% |
| Days cash on hand | 150 |
| Current ratio | 2.93 |
| Occupancy | 27% |
Facility
| Beds | 21 |
| Facility type | CAH |
| Setting | rural |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 21 | $16.4M | $1.6M | -7.1% | 8.0% | 84 | 2.29 | 23% | 240 | 41 |
| 2021 | 21 | $21.1M | $5.2M | 4.1% | 20.6% | 82 | 3.73 | 41% | 323 | 16 |
| 2022 | 21 | $21.7M | $919K | -0.7% | 4.0% | 88 | 3.73 | 35% | 278 | 31 |
| 2023 | 21 | $24.5M | $1.6M | 2.1% | 6.0% | 150 | 2.93 | 27% | 184 | 11 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Steven Hopkins | corporate officer | 2022-12 | ||
| Wesley Babers | corporate director | 2023-09 | ||
| Wesley Babers | w-2 managing employee | 2023-09 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.