Chco - Colorado Springs
dba Children's Hospital Colorado - Colorado Springs ·
Colorado Springs, El Paso County, CO
· CCN 063303
Licensed to Children's Hospital Colorado
Composite
75.8
rank score
Distress
92
FY2023
Fit
86
vs thesis
Estimated ticket
$49.1M–$197M
117 beds ·
within envelope
Ownership
nonprofit
CH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $243M |
| Operating margin | -12.9% |
| Total margin | -11.2% |
| Days cash on hand | 0 |
| Current ratio | 0.22 |
| Occupancy | 63% |
Facility
| Beds | 117 |
| Facility type | CH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $420K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 118 | $172M | $-1.6M | -2.9% | -0.9% | 0 | 0.18 | 61% | 2,975 | 70 |
| 2021 | 118 | $191M | $11.0M | 5.0% | 5.7% | 0 | 0.23 | 60% | 3,831 | 47 |
| 2022 | 124 | $220M | $-18.1M | -9.2% | -8.1% | 0 | 0.23 | 63% | 4,106 | 86 |
| 2023 | 117 | $243M | $-27.7M | -12.9% | -11.2% | 0 | 0.22 | 63% | 3,752 | 92 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| David Honeyfield | corporate director | 2014-01 | ||
| Jack Wold | corporate director | 2018-05 | ||
| Jeffrey Harrington | corporate officer | 2013-11 | ||
| Jena Hausmann | corporate officer | 2015-05 | ||
| Jena Hausmann | operational/managerial control | 2015-05 | ||
| Patrick O'rourke | corporate officer | 2025-01 | ||
| Scott Morrison | corporate director | 2024-04 | ||
| Victoria Quintana | corporate director | 2024-04 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.