dealflow
envelope $200M

← Targets

Gunnison Valley Hospital

Gunnison, Gunnison County, CO · CCN 061320
Licensed to Gunnison Valley Hospital

Composite
34.9
rank score
Distress
41
FY2023
Fit
41
vs thesis
Estimated ticket
$1.7M–$3.4M
20 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin under 2%
  • under 30 days cash on hand
  • occupancy 30-45%
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • government-owned — public process likely

Latest financials · FY2023

Net patient revenue$71.8M
Operating margin 0.6%
Total margin 5.8%
Days cash on hand 23
Current ratio 2.07
Occupancy31%

Facility

Beds20
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 20 $59.4M $9.8M 15.7% 15.2% 196 1.80 27% 467 9
2021 20 $63.6M $13.0M 10.0% 18.1% 168 2.81 32% 513 6
2022 20 $63.3M $2.2M 2.8% 3.3% 34 1.99 33% 537 22
2023 20 $71.8M $4.5M 0.6% 5.8% 23 2.07 31% 513 41

Owners

OwnerRole%SinceType
County Of Gunnison
Gunnison, CO
5% or greater direct ownership interest 100 1966-01
Bruce Alpern corporate director 2012-10
Donald Haver corporate director 2014-02
Jason Amrich corporate officer 2021-12
Jason Amrich operational/managerial control 2021-12
Kenneth Anderson w-2 managing employee 2020-02
Marla Covey corporate director 2014-02
Nathan Blad corporate officer 2025-10
Nathan Blad operational/managerial control 2025-10

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.