Uhs Of Denver Inc
dba Highlands Behavioral Health System ·
Littleton, CO
· CCN 064024
Licensed to Uhs Of Denver Inc
Composite
71.7
rank score
Distress
82
FY2023
Fit
87
vs thesis
Estimated ticket
$16.6M–$66.2M
86 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $19.5M |
| Operating margin | -13.4% |
| Total margin | -10.2% |
| Days cash on hand | 0 |
| Current ratio | -0.30 |
| Occupancy | 65% |
Facility
| Beds | 86 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 86 | $19.6M | $1.1M | 3.2% | 5.4% | 0 | -0.28 | 66% | 3,015 | 36 |
| 2021 | 86 | $21.4M | $216K | 0.7% | 1.0% | 0 | -0.29 | 71% | 3,177 | 46 |
| 2022 | 86 | $21.8M | $-1.7M | -10.1% | -7.7% | 0 | -0.29 | 71% | 3,130 | 76 |
| 2023 | 86 | $19.5M | $-2.1M | -13.4% | -10.2% | 0 | -0.30 | 65% | 2,831 | 82 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cheryl Ramagano | corporate officer | 100 | 2006-07 | |
| Cheryl Ramagano | operational/managerial control | 100 | 2006-07 | |
| George Brunner | corporate officer | 100 | 2006-07 | |
| Matthew Klein | corporate officer | 100 | 2010-10 | |
| Matthew Peterson | corporate officer | 100 | 2019-09 | |
| Matthew Peterson | operational/managerial control | 100 | 2019-09 | |
| Robert Zurad | corporate officer | 100 | 2006-07 | |
| Shawn Lemon | contracted managing employee | 100 | 2014-01 | |
| Shawn Lemon | corporate officer | 100 | 2014-01 | |
| Steve Filton | corporate officer | 100 | 2006-07 | |
| Steve Filton | operational/managerial control | 100 | 2006-07 | |
| Thomas Day | corporate officer | 100 | 2021-07 | |
| Uhs Of Delaware Inc | operational/managerial control | 100 | 2006-07 | |
| Universal Health Services Inc | 5% or greater direct ownership interest | 100 | 2006-07 | |
| James Coleman | contracted managing employee | 50 | 2006-07 | |
| Matthew Peterson | corporate director | 33 | 2019-09 | |
| Steve Filton | corporate director | 33 | 2006-07 | |
| Thomas Day | corporate director | 33 | 2021-07 | |
| Alan Miller | 5% or greater indirect ownership interest | 2006-07 | ||
| Jeffrey Adams | contracted managing employee | 2023-05 | ||
| Jeffrey Adams | corporate officer | 2023-05 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.