Denver Springs
Englewood, CO
· CCN 064028
Licensed to Denver Springs Llc
Composite
77.2
rank score
Distress
90
FY2023
Fit
87
vs thesis
Estimated ticket
$18.5M–$73.9M
96 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- current ratio below 0.8
- liabilities exceed assets
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- 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 | $28.3M |
| Operating margin | -15.4% |
| Total margin | -14.7% |
| Days cash on hand | — |
| Current ratio | 0.63 |
| Occupancy | 67% |
Facility
| Beds | 96 |
| 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 | 96 | $28.1M | $4.6M | 16.0% | 16.2% | 0 | 0.29 | 75% | 3,473 | 36 |
| 2021 | 96 | $32.6M | $7.2M | 20.8% | 21.7% | — | 0.89 | 78% | 3,777 | 17 |
| 2022 | 96 | $32.2M | $598K | 0.8% | 1.8% | — | 1.06 | 77% | 3,903 | 27 |
| 2023 | 96 | $28.3M | $-4.2M | -15.4% | -14.7% | — | 0.63 | 67% | 3,576 | 90 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 100 | 2024-03 | |
| Lifepoint Behavioral Health, Llc | 5% or greater indirect ownership interest | 100 | 2024-03 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 100 | 2024-03 | chain |
| Lifepoint Rehab Blocker Llc | 5% or greater indirect ownership interest | 100 | 2024-03 | |
| Lifepoint Rehab Blocker Parent Llc | 5% or greater indirect ownership interest | 100 | 2024-03 | |
| Lifepoint Rehab Llc | 5% or greater indirect ownership interest | 100 | 2024-03 | |
| Lpnt Autumn Holdco, Llc | 5% or greater indirect ownership interest | 100 | 2024-03 | |
| Springstone Health Opco, Llc | 5% or greater direct ownership interest | 100 | 2014-09 | |
| Anthony Dilorenzo | operational/managerial control | 2024-04 | ||
| Charlotte Lawrence | corporate officer | 2023-02 | ||
| Christopher Jagoditz | corporate officer | 2025-10 | ||
| Christopher Monte | corporate officer | 2023-02 | ||
| Elliott Brown | corporate officer | 2026-04 | ||
| Lifepoint Behavioral Health Services, Llc | operational/managerial control | 2023-02 | ||
| Marcus Poppell | other | 2023-02 | ||
| Martin Mann | corporate officer | 2023-02 | ||
| Nicoletta Tessler | corporate officer | 2025-08 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.