Spanish Peaks Regional Health
dba Spanish Peaks Regional Health Center ·
Walsenburg, Huerfano County, CO
· CCN 061316
Licensed to Huerfano County Hospital District
Composite
52.9
rank score
Distress
74
FY2023
Fit
49
vs thesis
Estimated ticket
$1.2M–$2.4M
20 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- current liabilities exceed current assets
- margin deteriorating sharply
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $34.2M |
| Operating margin | -16.9% |
| Total margin | -3.3% |
| Days cash on hand | 15 |
| Current ratio | 0.87 |
| Occupancy | 62% |
Facility
| Beds | 20 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $59.5K |
| Per-bed (high) | $119K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 20 | $24.2M | $4.5M | -11.5% | 14.3% | 151 | 1.41 | 57% | 126 | 33 |
| 2021 | 20 | $24.6M | $5.6M | -12.9% | 16.7% | 173 | 1.53 | 50% | 158 | 30 |
| 2022 | 20 | $25.5M | $-4.5M | -36.3% | -15.0% | 73 | 1.10 | 46% | 167 | 60 |
| 2023 | 20 | $34.2M | $-1.3M | -16.9% | -3.3% | 15 | 0.87 | 62% | 179 | 74 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brenda Parnell | corporate officer | 2025-05 | ||
| Huerfano County Hospital District | operational/managerial control | 2011-03 | ||
| Jill Homerding | corporate director | 2020-05 | ||
| Joann Ugolini | corporate officer | 2025-05 | ||
| John Davis | corporate director | 2020-05 | ||
| Kay Whitley | corporate director | 2016-08 | ||
| Kay Whitley | w-2 managing employee | 2016-08 | ||
| Maurice Heikes | corporate officer | 2025-05 | ||
| Nancy Nielsen | corporate director | 2022-05 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.