Gaylord Hospital Inc
dba Gaylord Hospital ·
Wallingford, New Haven County, CT
· CCN 072003
Licensed to Gaylord Hospital, Inc.
Composite
52.0
rank score
Distress
49
FY2023
Fit
75
vs thesis
Estimated ticket
$41.1M–$164M
137 beds ·
within envelope
Ownership
nonprofit
LTCH
Why it ranks here
- operating margin -10% to -5%
- total margin under 2%
- under 30 days cash on hand
- margin deteriorating
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- 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 | $90.6M |
| Operating margin | -5.2% |
| Total margin | 0.8% |
| Days cash on hand | 17 |
| Current ratio | 2.84 |
| Occupancy | 81% |
Facility
| Beds | 137 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $300K |
| Per-bed (high) | $1.2M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 137 | $84.2M | $4.4M | 0.0% | 4.9% | 113 | 3.62 | 84% | 1,427 | 11 |
| 2021 | 137 | $88.2M | $6.5M | -0.1% | 6.8% | 127 | 3.69 | 84% | 1,422 | 20 |
| 2022 | 137 | $85.5M | $-4.0M | -5.8% | -4.6% | 73 | 3.53 | 81% | 1,400 | 44 |
| 2023 | 137 | $90.6M | $786K | -5.2% | 0.8% | 17 | 2.84 | 81% | 1,283 | 49 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Sonja Labarbera | corporate officer | 100 | 2019-01 | |
| Christopher Hayes | corporate officer | 2021-11 | ||
| Diana Wakerley | corporate officer | 2014-01 | ||
| Michael Hoben | corporate officer | 2015-01 | ||
| Michael Ivy | corporate officer | 2024-03 | ||
| Michael Ivy | w-2 managing employee | 2024-03 | ||
| Peter Deckers | corporate officer | 2014-01 | ||
| Robert Lyons | corporate officer | 2014-01 | ||
| Stephen Holland | corporate officer | 2012-08 | ||
| Stephen Holland | w-2 managing employee | 2012-08 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.