Wray Community District Hospital
Wray, Yuma County, CO
· CCN 061309
Licensed to Wray Community District Hospital
Composite
22.9
rank score
Distress
18
FY2023
Fit
37
vs thesis
Estimated ticket
$1.4M–$2.7M
16 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin under 2%
- 90-150 days cash on hand
- occupancy below 30%
- 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
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $36.7M |
| Operating margin | 0.1% |
| Total margin | 8.3% |
| Days cash on hand | 107 |
| Current ratio | 3.92 |
| Occupancy | 19% |
Facility
| Beds | 16 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| 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 | 16 | $23.1M | $2.2M | -5.7% | 8.3% | 156 | 1.54 | 18% | 295 | 31 |
| 2021 | 16 | $30.2M | $6.7M | 1.9% | 18.4% | 137 | 4.55 | 25% | 342 | 20 |
| 2022 | 16 | $34.0M | $2.3M | 4.0% | 6.5% | 158 | 4.53 | 22% | 363 | 9 |
| 2023 | 16 | $36.7M | $3.3M | 0.1% | 8.3% | 107 | 3.92 | 19% | 315 | 18 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Craig Soehner | corporate director | 2014-05 | ||
| James Hendrix | corporate director | 2019-07 | ||
| Jeffrey Wingfield | corporate director | 2020-05 | ||
| Jennifer Kramer | corporate officer | 2024-08 | ||
| Jennifer Kramer | operational/managerial control | 2024-08 | ||
| John Everett | corporate officer | 2024-12 | ||
| John Everett | operational/managerial control | 2024-12 | ||
| John Hart | corporate officer | 2019-01 | ||
| John Hart | operational/managerial control | 2019-01 | ||
| Wray Community District Hospital | operational/managerial control | 2016-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.