Kootenai Hospital District
dba Kootenai Health ·
Coeur Dalene, Kootenai County, ID
· CCN 130049
Licensed to Kootenai Health Inc
Already transacted. CMS recorded an ownership change effective
2024-01-01. Confirm the current owner before spending a call on this.
Composite
16.3
rank score
Distress
46
FY2023
Fit
65
vs thesis
Estimated ticket
$163M–$652M
326 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- 30-60 days cash on hand
- margin deteriorating
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size well above the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
- changed ownership 2024-01-01 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $714M |
| Operating margin | -19.9% |
| Total margin | 6.2% |
| Days cash on hand | 34 |
| Current ratio | 2.88 |
| Occupancy | 66% |
Facility
| Beds | 326 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 329 | $561M | $60.0M | -13.5% | 8.6% | 110 | 2.07 | 63% | 14,303 | 32 |
| 2021 | 329 | $639M | $29.2M | -15.3% | 3.8% | 61 | 2.07 | 74% | 14,813 | 38 |
| 2022 | 324 | $657M | $-41.9M | -24.6% | -5.4% | 3 | 2.38 | 73% | 15,578 | 62 |
| 2023 | 326 | $714M | $56.5M | -19.9% | 6.2% | 34 | 2.88 | 66% | 16,921 | 46 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cindy Clark | corporate director | 2023-05 | ||
| David Bobbitt | corporate director | 2023-05 | ||
| Elizabeth Godbehere | corporate director | 2023-05 | ||
| Katie Brodie | corporate director | 2023-05 | ||
| Lisa Goodwin | w-2 managing employee | 2023-05 | ||
| Michele Bouit | operational/managerial control | 2024-03 | ||
| Robert Colvin | corporate director | 2023-05 | ||
| Robert Mcfarland | corporate director | 2023-05 | ||
| Steven Matheson | corporate director | 2023-05 | ||
| Teri Farr | corporate director | 2023-05 | ||
| Thomas Detar | corporate director | 2023-05 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2024-01-01 | change of ownership | Kootenai Health Inc | Kootenai Health, Inc. |
Who has been buying in ID
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 |
|---|---|---|---|---|
| 2024-01-01 | Kootenai Health Inc | Kootenai Health, Inc. | Kootenai Hospital District | 326 |
| 2017-05-01 | St Joseph Hospital Llc | St Joseph Regional Medical Center | St Joseph Regional Medical Center | 108 |