Palo Verde Behavioral Health
Tuscon, Pima County, AZ
· CCN 034030
Licensed to Uhs Of Tucson Llc
Composite
69.9
rank score
Distress
74
FY2024
Fit
92
vs thesis
Estimated ticket
$16.2M–$64.7M
84 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin negative
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio below 0.8
- debt above 85% of assets
- margin deteriorating sharply
- 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
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $25.3M |
| Operating margin | -4.3% |
| Total margin | -3.7% |
| Days cash on hand | 0 |
| Current ratio | 0.40 |
| Occupancy | 85% |
Facility
| Beds | 84 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 84 | $26.0M | $2.9M | 10.6% | 11.1% | 0 | 0.38 | 78% | 2,814 | 40 |
| 2022 | 84 | $25.9M | $1.2M | 4.4% | 4.7% | 0 | 0.51 | 74% | 2,665 | 36 |
| 2023 | 84 | $22.2M | $-3.3M | -15.1% | -14.7% | 0 | 0.39 | 75% | 2,763 | 88 |
| 2024 | 84 | $25.3M | $-934K | -4.3% | -3.7% | 0 | 0.40 | 85% | 3,159 | 74 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cheryl Ramagano | corporate officer | 100 | 2013-12 | |
| Cheryl Ramagano | operational/managerial control | 100 | 2013-12 | |
| George Brunner | corporate officer | 100 | 2013-12 | |
| Katharine Lyver | corporate officer | 100 | 2024-01 | |
| Matthew Klein | corporate officer | 100 | 2013-12 | |
| Matthew Peterson | corporate officer | 100 | 2019-09 | |
| Matthew Peterson | operational/managerial control | 100 | 2019-09 | |
| Steve Filton | corporate officer | 100 | 2013-12 | |
| Steve Filton | operational/managerial control | 100 | 2013-12 | |
| Thomas Day | corporate officer | 100 | 2021-07 | |
| Universal Health Services Inc | 5% or greater direct ownership interest | 100 | 2013-09 | |
| Alan Miller | 5% or greater indirect ownership interest | 87 | 2024-03 | |
| James Coleman | contracted managing employee | 50 | 2013-12 | |
| Steve Filton | contracted managing employee | 50 | 2013-12 | |
| Uhs Of Delaware Inc | operational/managerial control | 50 | 2013-12 | |
| Matthew Peterson | corporate director | 33 | 2019-09 | |
| Steve Filton | corporate director | 33 | 2013-12 | |
| Thomas Day | corporate director | 33 | 2021-07 | |
| Anna Perreira | contracted managing employee | 2024-04 | ||
| Anna Perreira | corporate officer | 2024-04 | ||
| Lynn Myers | contracted managing employee | 2018-06 | ||
| Lynn Myers | corporate officer | 2018-06 | ||
| William Holt | contracted managing employee | 2024-04 | ||
| William Holt | corporate officer | 2024-04 |
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 |