Pali Momi Medical Center
Aiea, Honolulu County, HI
· CCN 120026
Licensed to Pali Momi Medical Center
Composite
29.3
rank score
Distress
10
FY2024
Fit
62
vs thesis
Estimated ticket
$11.8M–$23.6M
118 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- 90-150 days cash on hand
- margin deteriorating
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $332M |
| Operating margin | 3.4% |
| Total margin | 13.3% |
| Days cash on hand | 102 |
| Current ratio | 4.61 |
| Occupancy | 86% |
Facility
| Beds | 118 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 118 | $267M | $52.1M | 5.9% | 17.2% | 118 | 2.49 | 75% | 5,601 | 4 |
| 2022 | 118 | $285M | $11.2M | 3.6% | 3.8% | 98 | 2.30 | 81% | 5,527 | 4 |
| 2023 | 118 | $304M | $33.7M | 6.6% | 10.6% | 104 | 4.12 | 82% | 5,527 | 4 |
| 2024 | 118 | $332M | $49.4M | 3.4% | 13.3% | 102 | 4.61 | 86% | 6,117 | 10 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Hawaii Pacific Health | 5% or greater direct ownership interest | 100 | 1989-09 | |
| Allen Hixon | corporate director | 2022-07 | ||
| Art Gladstone | corporate officer | 2004-07 | ||
| Carrie Tsutsui | corporate officer | 2020-06 | ||
| Charles Ching | corporate officer | 2002-09 | ||
| Claire Tamamoto | corporate director | 2017-09 | ||
| David Chow | corporate officer | 2025-07 | ||
| David Okabe | corporate officer | 2012-01 | ||
| David Stumbaugh | corporate officer | 2018-03 | ||
| Dawn Dunbar | corporate officer | 2018-03 | ||
| Dean Tateyama | corporate officer | 2022-05 | ||
| Douglas Kwock | corporate officer | 2021-01 | ||
| Emilio Ganitano | corporate director | 2024-12 | ||
| Emily Kuraoka | corporate director | 2017-09 | ||
| France Graves | corporate officer | 2021-02 | ||
| Gloria Brooks | corporate officer | 2022-03 | ||
| Gloria Brooks | operational/managerial control | 2022-03 | ||
| James Lin | corporate officer | 2020-04 | ||
| Jan Boivin | corporate officer | 2025-08 | ||
| Jason Isa | corporate director | 2022-01 | ||
| Jessica Lewis | corporate officer | 2008-01 | ||
| John Mcnamara | corporate officer | 2021-11 | ||
| Keoki Clemente | corporate officer | 2025-02 | ||
| Leslie Chun | corporate officer | 2020-04 | ||
| Lorrie-Ann Luke | corporate officer | 2016-03 |
Showing 25 of 39. Full list via /api/targets/120026.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
Who has been buying in HI
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2024-10-08 | The Queens Medical Center | Sutter Health Pacific | The Queens Medical Center | 674 |
| 2017-07-01 | Maui Health System A Kaiser... | Maui Memorial Medical Center | Maui Memorial Medical Center | 219 |