Phoenix Childrens Hospital
Phoenix, Maricopa County, AZ
· CCN 033302
Licensed to Phoenix Children's Hospital
Composite
14.1
rank score
Distress
12
FY2023
Fit
74
vs thesis
Estimated ticket
$230M–$919M
383 beds ·
over envelope
Ownership
nonprofit
CH
Why it ranks here
- 60-90 days cash on hand
- margin slipping
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- large — ticket likely stretches the envelope
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $1.4B |
| Operating margin | 4.0% |
| Total margin | 18.7% |
| Days cash on hand | 84 |
| Current ratio | 2.35 |
| Occupancy | 70% |
Facility
| Beds | 383 |
| Facility type | CH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $600K |
| Per-bed (high) | $2.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 457 | $1.0B | $239M | 6.8% | 20.2% | 136 | 1.98 | 47% | 12,350 | 7 |
| 2021 | 324 | $1.2B | $269M | 7.7% | 21.1% | 35 | 1.42 | 75% | 13,598 | 20 |
| 2022 | 352 | $1.3B | $-8.1M | 6.0% | -0.6% | 62 | 1.86 | 75% | 15,406 | 18 |
| 2023 | 383 | $1.4B | $278M | 4.0% | 18.7% | 84 | 2.35 | 70% | 14,800 | 12 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Childrens Healthcare Of Arizona Inc | 5% or greater direct ownership interest | 80 | 2011-04 | |
| Dignity Health | 5% or greater direct ownership interest | 20 | 2011-03 | |
| Carmen Neuberger | corporate officer | 2016-04 | ||
| Carmen Neuberger | w-2 managing employee | 2007-08 | ||
| Chantal Morales | w-2 managing employee | 2011-04 | ||
| David Lenhardt | corporate director | 2015-03 | ||
| Dustin Rayhorn | corporate director | 2024-01 | ||
| Dustin Rayhorn | w-2 managing employee | 2024-01 | ||
| George Getz | corporate director | 2015-03 | ||
| Jon Hulburd | corporate director | 2008-01 | ||
| Michael Ebert | corporate director | 2015-03 | ||
| Michelle Bruhn | corporate officer | 2024-04 | ||
| Michelle Bruhn | w-2 managing employee | 2023-07 | ||
| Molly Ryan Carson | corporate director | 2022-02 | ||
| Nathan Page | corporate director | 2025-01 | ||
| Omar Alvarez | corporate director | 2023-08 | ||
| Raheel Farough | corporate director | 2022-02 | ||
| Raheel Farough | w-2 managing employee | 2022-02 | ||
| Richard Boals | corporate director | 2022-02 | ||
| Robert Delgado | corporate director | 2011-01 | ||
| Robert Meyer | corporate officer | 2003-05 | ||
| Robert Meyer | corporate director | 2003-05 | ||
| Robert Meyer | w-2 managing employee | 2003-05 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.