Banner Behavioral Health Hospital
Scottsdale, Maricopa County, AZ
· CCN 034004
Licensed to Banner Behavioral Health Hospital
Composite
68.8
rank score
Distress
70
FY2023
Fit
88
vs thesis
Estimated ticket
$30.0M–$120M
156 beds ·
within envelope
Ownership
nonprofit
PH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $47.6M |
| Operating margin | -13.1% |
| Total margin | -9.1% |
| Days cash on hand | 0 |
| Current ratio | 8.96 |
| Occupancy | 65% |
Facility
| Beds | 156 |
| Facility type | PH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $192K |
| Per-bed (high) | $770K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 156 | $45.7M | $1.4M | -7.6% | 2.8% | 0 | 3.04 | 69% | 6,561 | 44 |
| 2021 | 156 | $51.5M | $876K | -1.8% | 1.6% | 0 | 3.87 | 72% | 6,662 | 41 |
| 2022 | 156 | $44.0M | $-4.2M | -15.5% | -8.9% | 0 | 2.98 | 63% | 5,483 | 67 |
| 2023 | 156 | $47.6M | $-4.5M | -13.1% | -9.1% | 0 | 8.96 | 65% | 5,534 | 70 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Banner Health | 5% or greater direct ownership interest | 100 | 1999-09 | chain |
| Banner Health | operational/managerial control | 100 | 2015-02 | chain |
| Amy Perry | corporate officer | 2021-11 | ||
| Anne Mariucci | corporate director | 2015-03 | ||
| Brenda Schaefer | corporate officer | 2014-03 | ||
| Carole Faig | corporate director | 2026-03 | ||
| Christopher Volk | corporate director | 2009-12 | ||
| Dale Johns | corporate director | 2026-03 | ||
| Dale Johns | w-2 managing employee | 2026-03 | ||
| Dean Harrison | corporate director | 2023-09 | ||
| Holly Gregory | corporate director | 2026-02 | ||
| Holly Gregory | w-2 managing employee | 2026-02 | ||
| Jean Lance | corporate officer | 2022-06 | ||
| John Koster | corporate director | 2015-12 | ||
| Julie Ann Alvarado-Dubek | corporate officer | 2022-02 | ||
| Marjorie Bessel | corporate officer | 2018-01 | ||
| Mark Wallace | corporate director | 2021-09 | ||
| Mary Schubert | corporate officer | 2024-01 | ||
| Michael Butler | corporate director | 2025-09 | ||
| Michael Garnreiter | corporate director | 2012-08 | ||
| Paris Labruzzo | corporate director | 2026-02 | ||
| Paris Labruzzo | w-2 managing employee | 2026-02 | ||
| Quentin Smith | corporate director | 2003-05 | ||
| Rick Myers | corporate director | 2023-09 | ||
| Sara Ward | corporate director | 2023-09 |
Showing 25 of 28. Full list via /api/targets/034004.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
Who has been buying in AZ
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2025-03-20 | College Medical Center Phoenix Llc | St Lukes Behavioral Hospital Lp | St. Lukes Behavioral Health Center | 127 |