dealflow
envelope $200M

← Targets

Animas Surgical Hospital

Durango, La Plata County, CO · CCN 060117
Licensed to Animas Surgical Hospital Llc

Composite
34.5
rank score
Distress
34
FY2023
Fit
48
vs thesis
Estimated ticket
$1.2M–$2.4M
12 beds · within envelope
Ownership
for-profit
STH

Why it ranks here

  • under 30 days cash on hand
  • occupancy below 30%
  • margin deteriorating
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$47.2M
Operating margin 12.3%
Total margin 11.6%
Days cash on hand 26
Current ratio 2.30
Occupancy25%

Facility

Beds12
Facility typeSTH
Settingrural
Ownership classfor-profit
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 12 $37.7M $5.4M 12.7% 14.0% 119 1.44 18% 619 21
2021 12 $43.5M $10.9M 18.5% 23.5% 88 2.51 16% 555 19
2022 12 $47.4M $6.5M 13.7% 13.8% 37 3.87 26% 1,030 26
2023 12 $47.2M $5.4M 12.3% 11.6% 26 2.30 25% 1,007 34

Owners

OwnerRole%SinceType
Sp Management Services Inc
Brentwood, TN
operational/managerial control 100 2005-10
Arc Financial Services Llc
Brentwood, TN
5% or greater indirect ownership interest 73 2025-12
Sgry Holdings, Lp
Brentwood, TN
5% or greater indirect ownership interest 73 2025-12
Sgry, Llc
Brentwood, TN
5% or greater indirect ownership interest 73 2025-12
Sp Holdco I Inc
Brentwood, TN
5% or greater indirect ownership interest 73 2025-12
Sp Management Services Inc
Brentwood, TN
5% or greater indirect ownership interest 73 2025-12
Surgery Center Holdings Inc
Brentwood, TN
5% or greater indirect ownership interest 73 2025-12
Surgery Center Holdings Llc
Brentwood, TN
5% or greater indirect ownership interest 73 2025-12
Surgery Partners Inc
Brentwood, TN
5% or greater indirect ownership interest 73 2025-12
Symbion Ambulatory Resource Centers Llc
Brentwood, TN
5% or greater indirect ownership interest 73 2025-12
Symbion Holdings Llc
Brentwood, TN
5% or greater indirect ownership interest 72 2025-12
Bcpe Seminole Holdings Ii Intermediate Lp
Boston, MA
5% or greater indirect ownership interest 17 2025-12
Bcpe Seminole Holdings, Lp
Boston, MA
5% or greater indirect ownership interest 6 2025-12
Fmr Llc
Boston, MA
5% or greater indirect ownership interest 4 2025-12
Jennifer Baldock corporate officer 2014-11
Jennifer Baldock other 2014-11
Meggin Roberts w-2 managing employee 2023-07

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 CO

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2022-05-01 Catholic Health Initiatives Colorado Phc-Fort Morgan Inc St. Elizabeth Hospital 33