Co Mental Health Institute - Pueblo
dba Colorado Mental Health Institute Pueblo ·
Pueblo, Pueblo County, CO
· CCN 064001
Licensed to State Of Colorado
Composite
60.4
rank score
Distress
72
FY2024
Fit
70
vs thesis
Estimated ticket
$99.3M–$397M
516 beds ·
within envelope
Ownership
government
PH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- very large — likely out of range
- ticket size at the top of the envelope — would need leverage
- strong occupancy — good iteration surface
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $154M |
| Operating margin | -20.7% |
| Total margin | -20.7% |
| Days cash on hand | 15 |
| Current ratio | -1.17 |
| Occupancy | 75% |
Facility
| Beds | 516 |
| Facility type | PH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $192K |
| Per-bed (high) | $770K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 498 | $-13.9M | $-49.1M | 1,112.6% | -53.4% | 27 | -1.12 | 86% | 412 | 52 |
| 2022 | 516 | $-7.2M | $-77.7M | 2,762.2% | -67.5% | 41 | -1.09 | 75% | 364 | 47 |
| 2023 | 516 | $12.9M | $-35.8M | -1,445.5% | -21.9% | 31 | -1.11 | 75% | 313 | 74 |
| 2024 | 516 | $154M | $-31.8M | -20.7% | -20.7% | 15 | -1.17 | 75% | 311 | 72 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| State Of Colorado | 5% or greater direct ownership interest | 100 | 2013-04 | |
| Jason Folbigg | w-2 managing employee | 2024-01 | ||
| Michael Flemming | w-2 managing employee | 1998-01 | ||
| State Of Colorado | operational/managerial control | 2013-04 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.