Quail Run Behavioral Health
Phoenix, Maricopa County, AZ
· CCN 034031
Licensed to Uhs Of Phoenix Llc
Composite
57.4
rank score
Distress
42
FY2024
Fit
92
vs thesis
Estimated ticket
$31.9M–$128M
116 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- 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
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $24.9M |
| Operating margin | 3.2% |
| Total margin | 3.8% |
| Days cash on hand | 0 |
| Current ratio | -0.22 |
| Occupancy | 70% |
Facility
| Beds | 116 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $275K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 102 | $24.1M | $7.7M | 28.0% | 30.8% | 0 | -0.32 | 79% | 3,593 | 36 |
| 2022 | 116 | $21.7M | $2.0M | 9.2% | 9.3% | 0 | -0.24 | 60% | 3,242 | 38 |
| 2023 | 116 | $22.6M | $1.2M | 5.2% | 5.4% | 3 | -0.22 | 65% | 3,713 | 36 |
| 2024 | 116 | $24.9M | $940K | 3.2% | 3.8% | 0 | -0.22 | 70% | 3,942 | 42 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cheryl Ramagano | corporate officer | 100 | 2013-11 | |
| Cheryl Ramagano | operational/managerial control | 100 | 2013-11 | |
| George Brunner | corporate officer | 100 | 2013-11 | |
| Katharine Lyver | corporate officer | 100 | 2024-01 | |
| Matthew Klein | corporate officer | 100 | 2013-11 | |
| Matthew Peterson | corporate officer | 100 | 2019-09 | |
| Matthew Peterson | operational/managerial control | 100 | 2019-09 | |
| Steve Filton | corporate officer | 100 | 2013-11 | |
| Steve Filton | operational/managerial control | 100 | 2013-11 | |
| Thomas Day | corporate officer | 100 | 2021-07 | |
| Uhs Of Delaware Inc | operational/managerial control | 100 | 2013-11 | chain |
| Universal Health Services Inc | 5% or greater direct ownership interest | 100 | 2013-11 | |
| Alan Miller | 5% or greater indirect ownership interest | 87 | 2024-03 | |
| James Coleman | contracted managing employee | 50 | 2013-11 | |
| Matthew Peterson | corporate director | 33 | 2019-09 | |
| Steve Filton | corporate director | 33 | 2013-11 | |
| Thomas Day | corporate director | 33 | 2021-07 | |
| Christopher Ruble | contracted managing employee | 2023-06 | ||
| Daniel Faught | contracted managing employee | 2022-05 | ||
| Daniel Faught | corporate officer | 2022-05 |
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 |