dealflow
envelope $200M

← Targets

Oneida County Hospital

dba Nell J Redfield Memorial Hospital · Malad City, Oneida County, ID · CCN 131303
Licensed to Oneida County Hospital

Composite
25.0
rank score
Distress
28
FY2024
Fit
31
vs thesis
Estimated ticket
$935K–$1.9M
11 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin under 2%
  • 90-150 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 · FY2024

Net patient revenue$16.3M
Operating margin 1.3%
Total margin 3.6%
Days cash on hand 116
Current ratio 5.73
Occupancy21%

Facility

Beds11
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 11 $12.6M $1.8M -1.8% 12.2% 161 1.99 28% 151 24
2022 11 $13.4M $575K -6.0% 3.9% 128 4.09 30% 179 36
2023 11 $14.2M $-404K -4.3% -2.8% 121 3.82 29% 115 37
2024 11 $16.3M $601K 1.3% 3.6% 116 5.73 21% 113 28

Owners

OwnerRole%SinceType
County Of Oneida
Malad City, ID
5% or greater direct ownership interest 100 1966-01
John Williams w-2 managing employee 100 2013-03
Cathie Jones other 2017-11
Cindy Howard w-2 managing employee 2008-01
Elaine Bohn other 2006-03
Kim Jenkins other 2018-08
Sandy Facer other 2018-01
Shellee Daniels other 2019-01
Wendy Boyer other 2018-01

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.

DateBuyerSellerHospitalBeds
2021-08-01 Caribou Medical Center, Inc Caribou Memorial Hospital Caribou Memorial Hospital 25