Mt. San Rafael Hospital
Trinidad, Las Animas County, CO
· CCN 061321
Licensed to Trinidad Area Health Association
Composite
38.2
rank score
Distress
43
FY2023
Fit
47
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin below -10%
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $35.3M |
| Operating margin | -18.7% |
| Total margin | 3.1% |
| Days cash on hand | 176 |
| Current ratio | 5.76 |
| Occupancy | 20% |
Facility
| Beds | 25 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $27.5M | $5.6M | -33.9% | 13.3% | 170 | 2.31 | 23% | 461 | 37 |
| 2021 | 25 | $28.9M | $-173K | -35.4% | -0.4% | 193 | 3.51 | 21% | 413 | 44 |
| 2022 | 25 | $32.6M | $-31.2K | -27.8% | -0.1% | 158 | 4.23 | 19% | 411 | 44 |
| 2023 | 25 | $35.3M | $1.3M | -18.7% | 3.1% | 176 | 5.76 | 20% | 497 | 43 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Trinidad Area Health Association | operational/managerial control | 100 | 1969-07 | |
| Kim Lucero | corporate director | 2023-01 | ||
| Lori Navarette | corporate director | 2023-01 | ||
| Lynda Pachelli | w-2 managing employee | 2013-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.