Estes Park Medical Center
dba Estes Park Health ·
Estes Park, Larimer County, CO
· CCN 061312
Licensed to Park Hospital District
Composite
36.9
rank score
Distress
49
FY2023
Fit
37
vs thesis
Estimated ticket
$2.0M–$3.9M
23 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total margin negative
- 60-90 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 | $57.9M |
| Operating margin | -14.1% |
| Total margin | -2.7% |
| Days cash on hand | 61 |
| Current ratio | 2.78 |
| Occupancy | 8% |
Facility
| Beds | 23 |
| 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 | 25 | $46.7M | $-3.5M | -17.0% | -6.8% | 96 | 1.15 | 14% | 342 | 57 |
| 2021 | 25 | $49.3M | $7.7M | -15.6% | 11.8% | 81 | 2.04 | 15% | 320 | 47 |
| 2022 | 25 | $52.5M | $-8.0M | -23.0% | -14.2% | 34 | 3.43 | 12% | 259 | 70 |
| 2023 | 23 | $57.9M | $-1.7M | -14.1% | -2.7% | 61 | 2.78 | 8% | 164 | 49 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Heather Bird | w-2 managing employee | 100 | 2003-10 | |
| Pamela Serbin-Olson | corporate director | 2025-07 | ||
| Park Hospital District | 5% or greater indirect ownership interest | 2012-03 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.