Conejos County Hospital
dba San Luis Valley Health ·
La Jara, Conejos County, CO
· CCN 061308
Licensed to Lutheran Hospital Association Of The San Luis Valley
Composite
22.8
rank score
Distress
15
FY2024
Fit
40
vs thesis
Estimated ticket
$1.4M–$2.9M
17 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- 90-150 days cash on hand
- occupancy below 30%
- margin slipping
- 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
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $16.8M |
| Operating margin | 15.6% |
| Total margin | 18.8% |
| Days cash on hand | 142 |
| Current ratio | 9.82 |
| Occupancy | 16% |
Facility
| Beds | 17 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 17 | $12.6M | $2.5M | 19.8% | 19.9% | 268 | 1.91 | 22% | 216 | 9 |
| 2022 | 17 | $13.7M | $2.2M | 8.5% | 14.8% | 241 | 3.04 | 25% | 219 | 9 |
| 2023 | 17 | $14.1M | $1.3M | 5.8% | 9.1% | 160 | 4.66 | 18% | 192 | 9 |
| 2024 | 17 | $16.8M | $3.3M | 15.6% | 18.8% | 142 | 9.82 | 16% | 171 | 15 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Lutheran Hospital Association Of The San Luis Valley | 5% or greater direct ownership interest | 100 | 2013-07 | |
| Karla Hardesty | corporate director | 2013-07 | ||
| Konnie Martin | corporate officer | 2013-07 | ||
| Konnie Martin | w-2 managing employee | 2013-07 | ||
| Shane Mortensen | corporate officer | 2013-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.