dealflow
envelope $200M

← Targets

Uchealth Longs Peak Hospital

Longmont, Boulder County, CO · CCN 060128
Licensed to Longs Peak Hospital

Composite
60.2
rank score
Distress
55
FY2024
Fit
84
vs thesis
Estimated ticket
$35.3M–$141M
83 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • total margin under 2%
  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • margin deteriorating sharply
  • part of a multi-hospital chain — divestiture candidate
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$215M
Operating margin 6.6%
Total margin 0.8%
Days cash on hand 0
Current ratio -5.29
Occupancy72%

Facility

Beds83
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $425K
Per-bed (high) $1.7M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 57 $135M $12.1M 3.6% 8.4% 0 -1.53 74% 3,653 47
2022 75 $153M $-4.0M 2.1% -2.4% 0 -6.91 71% 4,135 54
2023 83 $182M $-9.9M -1.7% -4.9% 0 -8.47 78% 4,829 74
2024 83 $215M $1.8M 6.6% 0.8% 0 -5.29 72% 5,216 55

Owners

OwnerRole%SinceType
April Jones corporate director 2020-10
Colleen Simpson corporate director 2024-02
Daniel Stroh corporate director 2017-01
David Osborn corporate director 2015-09
Donald Elliman corporate director 2015-09
Elizabeth Concordia corporate officer 2015-09
Elizabeth Concordia w-2 managing employee 2015-09
Greg Ludlow corporate director 2017-01
John Sampson corporate director 2024-07
John Stathis corporate director 2017-01
John Waters corporate director 2024-02
Julie Nickell corporate officer 2024-05
Julie Nickell w-2 managing employee 2024-05
Karen Stuart corporate director 2021-08
Laura Steele corporate director 2015-09
Michael Long corporate director 2019-02
Raymond Baker corporate director 2015-09
Richard Monfort corporate director 2015-09
Ryan Rohman corporate officer 2023-04
Ryan Rohman w-2 managing employee 2023-04
Steve Hess corporate director 2017-01
Steve Hess w-2 managing employee 2017-01
Theresa Pena corporate director 2021-10
Todd Hofheins corporate officer 2025-06
Todd Hofheins w-2 managing employee 2025-06

Showing 25 of 27. Full list via /api/targets/060128.

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