Uchealth Highlands Ranch Hospital
dba Uchealth ·
Highlands Ranch, Douglas County, CO
· CCN 060132
Licensed to Uchealth Highlands Ranch Hospital
Composite
62.0
rank score
Distress
59
FY2024
Fit
84
vs thesis
Estimated ticket
$59.1M–$236M
139 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin under 2%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- 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 | $272M |
| Operating margin | -1.4% |
| Total margin | 0.5% |
| Days cash on hand | 0 |
| Current ratio | -4.91 |
| Occupancy | 62% |
Facility
| Beds | 139 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 93 | $169M | $889K | -20.4% | 0.5% | 0 | -8.88 | 64% | 4,522 | 78 |
| 2022 | 93 | $214M | $-8.2M | -13.3% | -3.5% | 0 | -9.23 | 83% | 5,445 | 87 |
| 2023 | 93 | $235M | $-3.2M | -4.6% | -1.2% | 0 | -10.38 | 81% | 6,032 | 70 |
| 2024 | 139 | $272M | $1.5M | -1.4% | 0.5% | 0 | -4.91 | 62% | 6,547 | 59 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| University Of Colorado Health | operational/managerial control | 100 | 2019-03 | chain |
| Andrew Cantor | corporate director | 2019-03 | ||
| April Jones | corporate director | 2020-10 | ||
| David Osborn | corporate director | 2019-03 | ||
| Donald Elliman | corporate director | 2019-03 | ||
| Elizabeth Concordia | corporate officer | 2019-03 | ||
| Gary Reiff | corporate director | 2025-01 | ||
| Jennifer Christie | corporate director | 2024-07 | ||
| John Kilrow | corporate director | 2019-03 | ||
| John Sampson | corporate director | 2024-07 | ||
| Julie Nickell | corporate officer | 2024-05 | ||
| Julie Nickell | w-2 managing employee | 2024-05 | ||
| Kurt Schwartzkopf | corporate director | 2022-04 | ||
| Laura Steele | corporate director | 2019-03 | ||
| Merle Taylor | corporate officer | 2022-04 | ||
| Merle Taylor | corporate director | 2022-04 | ||
| Merle Taylor | w-2 managing employee | 2022-04 | ||
| Michael Long | corporate director | 2019-02 | ||
| Raymond Baker | corporate director | 2019-03 | ||
| Richard Monfort | corporate director | 2019-03 | ||
| Theresa Pena | corporate director | 2021-10 | ||
| Todd Hofheins | corporate officer | 2025-06 | ||
| Todd Hofheins | w-2 managing employee | 2025-06 | ||
| Todd Whitsitt | corporate director | 2019-03 |
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2022-05-01 | Catholic Health Initiatives Colorado | Phc-Fort Morgan Inc | St. Elizabeth Hospital | 33 |