dealflow
envelope $200M

← Targets

Cascade Medical Center

Cascade, ID · CCN 131308

Composite
27.2
rank score
Distress
33
FY2023
Fit
31
vs thesis
Estimated ticket
$680K–$1.4M
8 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin below -10%
  • occupancy below 30%
  • 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$7.0M
Operating margin -16.6%
Total margin 5.8%
Days cash on hand 271
Current ratio 13.06
Occupancy6%

Facility

Beds8
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
2020 8 $3.9M $-284K -52.8% -4.9% 338 12.81 5% 29 49
2021 8 $5.0M $1.1M -23.7% 15.6% 327 16.24 4% 27 37
2022 8 $6.0M $518K -22.3% 6.6% 267 9.36 5% 74 37
2023 8 $7.0M $501K -16.6% 5.8% 271 13.06 6% 28 33

Owners

No ownership records — CMS has no owner filings mapped to this CCN.

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