dealflow
envelope $200M

← Targets

Syringa General Hospital

Grangeville, Idaho County, ID · CCN 131315
Licensed to Syringa General Hospital District C I F

Composite
30.0
rank score
Distress
39
FY2023
Fit
31
vs thesis
Estimated ticket
$1.3M–$2.5M
15 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin -10% to -5%
  • total margin negative
  • 90-150 days cash on hand
  • 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$22.6M
Operating margin -6.9%
Total margin -1.1%
Days cash on hand 113
Current ratio 5.24
Occupancy16%

Facility

Beds15
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 15 $15.0M $-672K -11.3% -4.2% 237 1.82 25% 378 49
2021 15 $20.1M $6.5M -1.6% 24.1% 158 3.81 27% 403 24
2022 15 $19.8M $-283K -9.1% -1.3% 119 5.62 25% 328 43
2023 15 $22.6M $-261K -6.9% -1.1% 113 5.24 16% 252 39

Owners

OwnerRole%SinceType
Syringa General Hospital District C I F
Grangeville, ID
5% or greater direct ownership interest 100 2007-11
Charlene Boyer w-2 managing employee 2026-03
David Mcknight corporate director 2025-06
Gerald Zumwalt corporate director 2017-05
Gunther Williams corporate director 2025-06
James Paradiso corporate director 2025-06
Jane Carlson corporate director 2017-05
Laura Smith corporate director 2019-06
Logan Staples corporate director 2025-02
Randall Nightengale w-2 managing employee 2026-04
Terri Tackett corporate director 2024-06

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