dealflow
envelope $200M

← Targets

Walter Knox Memorial Hospital

dba Valor Health · Emmett, Gem County, ID · CCN 131318
Licensed to Walter Knox Memorial Hospital

Composite
35.8
rank score
Distress
52
FY2023
Fit
31
vs thesis
Estimated ticket
$939K–$1.9M
13 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin below -10%
  • 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$21.9M
Operating margin -11.0%
Total margin 9.8%
Days cash on hand 73
Current ratio 4.46
Occupancy14%

Facility

Beds13
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $72.2K
Per-bed (high) $144K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 13 $18.6M $3.6M -5.5% 15.5% 27 0.87 17% 177 62
2021 13 $21.5M $5.1M -3.7% 18.7% 14 1.13 28% 177 50
2022 13 $21.6M $498K -15.0% 2.0% 7 1.49 22% 177 66
2023 13 $21.9M $2.6M -11.0% 9.8% 73 4.46 14% 162 52

Owners

OwnerRole%SinceType
Bradley Turpen operational/managerial control 100 2018-05
County Of Gem
Emmett, ID
5% or greater direct ownership interest 2007-11
Kathleen Beevers w-2 managing employee 2026-06
Michael Sokolowski operational/managerial control 2026-06

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