dealflow
envelope $200M

← Targets

Pikes Peak Regional Hospital

dba Uchealth · Woodland Park, Teller County, CO · CCN 061326
Licensed to Uchealth Pikes Peak Regional Hospital

Composite
35.9
rank score
Distress
40
FY2024
Fit
40
vs thesis
Estimated ticket
$1.1M–$2.2M
13 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • under 30 days cash on hand
  • current ratio below 0.8
  • occupancy below 30%
  • part of a multi-hospital chain — divestiture candidate
  • 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
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$32.8M
Operating margin 5.7%
Total margin 21.0%
Days cash on hand 3
Current ratio -3.66
Occupancy17%

Facility

Beds13
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 13 $22.0M $-1.1M -20.0% -4.1% 0 -5.77 34% 391 92
2022 13 $21.0M $-150K -23.8% -0.6% 0 -6.79 35% 370 88
2023 13 $26.3M $2.3M -9.3% 7.5% 0 -4.89 22% 269 78
2024 13 $32.8M $8.0M 5.7% 21.0% 3 -3.66 17% 202 40

Owners

OwnerRole%SinceType
April Jones corporate director 2020-10
David Osborn corporate director 2018-04
Donald Elliman corporate director 2018-04
Elizabeth Concordia corporate officer 2018-04
Elizabeth Concordia w-2 managing employee 2018-04
Gregory Harden corporate officer 2023-10
Gregory Harden w-2 managing employee 2023-10
John Sampson corporate director 2024-07
Laura Steele corporate director 2018-04
Lenore Hotchkiss corporate director 2018-04
Lonnie Cramer corporate officer 2023-01
Lonnie Cramer w-2 managing employee 2023-01
Max Levy corporate director 2022-02
Michael Long corporate director 2019-02
Raymond Baker corporate director 2018-04
Richard Monfort corporate director 2018-04
Ronald Fitch corporate officer 2020-01
Ronald Fitch w-2 managing employee 2020-01
Theresa Pena corporate director 2021-10
Timothy Dienst corporate director 2019-06
Todd Hofheins corporate officer 2025-06
Todd Hofheins w-2 managing employee 2025-06
Todd Whitsitt corporate director 2018-04
University Of Colorado Health
Aurora, CO
operational/managerial control 2018-04 chain

Ownership changes

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