La Paz Regional Hospital
Parker, AZ
· CCN 031317
Licensed to La Paz Regional Hospital Inc
Composite
33.5
rank score
Distress
25
FY2023
Fit
56
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin negative
- occupancy 30-45%
- margin deteriorating
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $36.9M |
| Operating margin | -2.0% |
| Total margin | 2.4% |
| Days cash on hand | 197 |
| Current ratio | 4.58 |
| Occupancy | 31% |
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 | $28.1M | $1.7M | -16.1% | 4.9% | 175 | 3.68 | 31% | 628 | 33 |
| 2021 | 25 | $30.0M | $2.0M | -4.7% | 5.9% | 219 | 5.07 | 34% | 646 | 21 |
| 2022 | 25 | $29.3M | $-1.3M | -16.9% | -4.1% | 182 | 6.94 | 35% | 552 | 46 |
| 2023 | 25 | $36.9M | $924K | -2.0% | 2.4% | 197 | 4.58 | 31% | 533 | 25 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| La Paz Regional Hospital Inc | operational/managerial control | 100 | 2017-01 | |
| Cheryl Montijo | corporate director | 2000-10 | ||
| Christine Barrington | corporate officer | 2022-10 | ||
| Christine Barrington | w-2 managing employee | 2022-10 | ||
| Christine Barrington | operational/managerial control | 2022-10 | ||
| Cory Madoneczky | corporate director | 2023-02 | ||
| Julian Barbara | corporate director | 2012-10 | ||
| Keith Shillito | corporate director | 2012-10 | ||
| Lin Bachtel | corporate director | 2018-09 | ||
| Linda Cushman | corporate director | 2018-06 | ||
| Mary Hamilton | corporate director | 2016-10 | ||
| Norman Simpson | corporate director | 2012-09 | ||
| Randy Smith | corporate director | 2023-02 | ||
| Robert Page | corporate director | 2017-02 | ||
| Zafer Genc | corporate officer | 2022-01 | ||
| Zafer Genc | w-2 managing employee | 2022-01 | ||
| Zafer Genc | operational/managerial control | 2022-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.