dealflow
envelope $200M

← Targets

Shoshone Medical Center

Kellogg, Shoshone County, ID · CCN 131314
Licensed to Shoshone Medical Center

Composite
26.3
rank score
Distress
22
FY2023
Fit
41
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin negative
  • occupancy below 30%
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$18.7M
Operating margin -2.7%
Total margin 8.9%
Days cash on hand 241
Current ratio 6.25
Occupancy21%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 21 $14.3M $1.1M -6.2% 6.8% 350 3.33 29% 160 31
2021 21 $17.1M $3.6M -1.4% 17.0% 210 4.65 32% 211 21
2022 25 $18.6M $2.2M -0.2% 10.7% 243 5.17 25% 248 24
2023 25 $18.7M $1.9M -2.7% 8.9% 241 6.25 21% 253 22

Owners

OwnerRole%SinceType
Shoshone Medical Center
Kellogg, ID
5% or greater direct ownership interest 100 1966-01
Andy Helkey corporate director 2019-06
Donja Erdman corporate officer 2026-05
Frank Smith corporate director 2014-07
Jerry Cobb corporate director 1987-05
John Sanborn corporate officer 2026-01
Nathan Wendt corporate director 2007-05
Rick Brooks corporate director 2010-03
Stacie Gilmore w-2 managing employee 2026-04
Susan Dahlbert corporate director 2005-06

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