dealflow
envelope $200M

← Targets

Kapiolani Med Ctr For Women & Childr

Honolulu, Honolulu County, HI · CCN 123300
Licensed to Kapiolani Medical Center For Women & Children

Composite
31.3
rank score
Distress
10
FY2024
Fit
67
vs thesis
Estimated ticket
$152M–$607M
253 beds · within envelope
Ownership
nonprofit
CH

Why it ranks here

  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • large — ticket likely stretches the envelope
  • ticket size well above the envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$423M
Operating margin 4.5%
Total margin 14.5%
Days cash on hand 212
Current ratio 9.68
Occupancy73%

Facility

Beds253
Facility typeCH
Settingurban
Ownership classnonprofit
Per-bed (low) $600K
Per-bed (high) $2.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 253 $366M $100M 6.1% 22.5% 215 7.35 64% 8,631 0
2022 253 $404M $53.4M 8.6% 12.1% 188 6.73 69% 8,967 0
2023 253 $437M $87.9M 11.9% 18.5% 204 8.39 72% 9,388 0
2024 253 $423M $68.8M 4.5% 14.5% 212 9.68 73% 9,517 10

Owners

OwnerRole%SinceType
Hawaii Pacific Health
Honolulu, HI
5% or greater direct ownership interest 100 2001-12
Art Gladstone corporate officer 2001-06
Carrie Tsutsui corporate officer 2020-06
Charles Ching corporate officer 2002-08
David Chow corporate officer 2025-07
David Okabe corporate officer 2011-01
David Okabe w-2 managing employee 2026-02
David Stumbaugh corporate officer 2018-02
Dawn Dunbar corporate officer 2018-02
Dean Tateyama corporate officer 2022-02
Douglas Kwock corporate officer 2021-02
France Graves corporate officer 2021-02
Gidget Ruscetta corporate officer 2020-02
Ivica Zalud corporate director 2022-07
James Lin corporate officer 2020-02
Jan Boivin corporate officer 2025-08
Jessica Lewis corporate officer 2008-06
Joan Kanemori corporate officer 2020-08
John Mcnamara corporate officer 2021-11
Keoki Clemente corporate officer 2025-02
Kimberly Hehir corporate director 2020-12
Leslie Chun corporate officer 2020-02
Lorrie-Ann Luke corporate officer 2016-02
Mark Yamakawa corporate director 2016-05
Maya Rogers corporate director 2019-04

Showing 25 of 42. Full list via /api/targets/123300.

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.