Boundary Community Hospital
Bonners Ferry, Boundary County, ID
· CCN 131301
Licensed to Boundary Community Hospital
Composite
27.2
rank score
Distress
33
FY2023
Fit
31
vs thesis
Estimated ticket
$1.7M–$3.4M
20 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin under 2%
- 60-90 days cash on hand
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $20.4M |
| Operating margin | 0.4% |
| Total margin | 4.1% |
| Days cash on hand | 63 |
| Current ratio | 4.51 |
| Occupancy | 26% |
Facility
| Beds | 20 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 20 | $15.3M | $2.2M | -2.2% | 12.4% | 191 | 1.51 | 14% | 102 | 24 |
| 2021 | 20 | $18.0M | $3.2M | -5.9% | 14.2% | 128 | 2.64 | 15% | 141 | 36 |
| 2022 | 20 | $18.4M | $124K | -8.7% | 0.6% | 62 | 3.76 | 16% | 162 | 44 |
| 2023 | 20 | $20.4M | $869K | 0.4% | 4.1% | 63 | 4.51 | 26% | 176 | 33 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| April Bennett | corporate officer | 2022-06 | ||
| April Bennett | w-2 managing employee | 2022-06 | ||
| Boundary Community Hospital | operational/managerial control | 2007-10 | ||
| Boundary County | 5% or greater direct ownership interest | 1966-01 | ||
| Elden Koon | corporate director | 2008-01 | ||
| Melinda Smithson | corporate officer | 2022-02 | ||
| Melinda Smithson | w-2 managing employee | 2022-02 | ||
| Paul Hazdovac | corporate director | 2008-01 |
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 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 |
|---|---|---|---|---|
| 2021-08-01 | Caribou Medical Center, Inc | Caribou Memorial Hospital | Caribou Memorial Hospital | 25 |