Family Health West Hospital
Fruita, Mesa County, CO
· CCN 061302
Licensed to Lower Valley Hospital Association
Composite
36.2
rank score
Distress
28
FY2023
Fit
59
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin negative
- 90-150 days cash on hand
- debt above 70% of assets
- margin deteriorating
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $77.7M |
| Operating margin | -3.1% |
| Total margin | 7.0% |
| Days cash on hand | 105 |
| Current ratio | 3.30 |
| Occupancy | 61% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $48.7M | $5.6M | 1.3% | 10.4% | 146 | 1.21 | 65% | 225 | 22 |
| 2021 | 25 | $61.9M | $11.1M | 15.4% | 17.4% | 99 | 1.19 | 67% | 248 | 16 |
| 2022 | 25 | $62.6M | $5.6M | 6.4% | 8.7% | 94 | 1.16 | 65% | 186 | 16 |
| 2023 | 25 | $77.7M | $6.0M | -3.1% | 7.0% | 105 | 3.30 | 61% | 202 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Lower Valley Hospital Association | operational/managerial control | 100 | 1966-01 | |
| Christi Flynn | corporate director | 2022-01 | ||
| Christopher Copeland | corporate director | 2025-04 | ||
| Errol Snider | corporate director | 2017-01 | ||
| Gary Quarnberg | corporate director | 2025-04 | ||
| Jane Foster | corporate director | 2023-01 | ||
| Jeanne Haberer | corporate director | 2022-01 | ||
| Jenifer Hector | corporate director | 2025-05 | ||
| Jerry Hamilton | corporate director | 2021-01 | ||
| Kenneth Palmer | corporate officer | 2023-03 | ||
| Korrey Klein | corporate officer | 2019-08 | ||
| Korrey Klein | w-2 managing employee | 2019-08 | ||
| Lori Randall | corporate officer | 2014-03 | ||
| Lori Randall | w-2 managing employee | 2012-01 | ||
| Stuart Chamovitz | corporate director | 2025-05 | ||
| Theresa Tabor | w-2 managing employee | 2022-09 | ||
| Tom Oliver | corporate director | 2025-04 | ||
| Vanessa Mcclellan | corporate director | 2016-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.