dealflow
envelope $200M

← Targets

Mt. Graham Regional Medical Center

Safford, Graham County, AZ · CCN 031319
Licensed to Mt Graham Regional Medical Center Inc

Composite
38.0
rank score
Distress
35
FY2023
Fit
56
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • under 30 days cash on hand
  • occupancy 30-45%
  • margin deteriorating sharply
  • 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$86.8M
Operating margin 3.5%
Total margin 9.2%
Days cash on hand 21
Current ratio 2.50
Occupancy35%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 25 $28.9M $15.7M 28.1% 43.0% 38 2.08 81% 423 17
2022 25 $75.2M $-5.0M -2.8% -6.8% 22 2.74 41% 1,076 56
2023 25 $86.8M $8.5M 3.5% 9.2% 21 2.50 35% 970 35

Owners

OwnerRole%SinceType
Mt Graham Regional Medical Center Inc
Safford, AZ
5% or greater direct ownership interest 100 1970-04
Roland Knox w-2 managing employee 100 2019-11
Angela Hernandez corporate director 2017-10
Bart Carter corporate director 2015-04
Carolina Gaethje corporate director 2015-04
Carolyn Mccormies corporate director 2015-04
Cynthia Bryce corporate director 2015-04
David Bryce corporate director 2015-04
Debra Watson corporate director 2015-04
Jean Reynolds corporate director 2015-04
Kathleen Williams corporate officer 2021-03
Kathleen Williams w-2 managing employee 2021-03
Kimberly Mack corporate director 2015-04
Ky Sanders corporate director 2020-03
Lori Ray corporate officer 2005-05
Matthew Sampson corporate director 2015-04
Roland Knox corporate officer 2019-11
Steve Goodman corporate director 2015-04
Susan Jones corporate director 2015-04
Taylor Payne corporate director 2020-04

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.