Clearwater Valley Health
Orofino, Clearwater County, ID
· CCN 131320
Licensed to Clearwater Valley Hospital & Clinics Inc
Composite
21.2
rank score
Distress
17
FY2023
Fit
34
vs thesis
Estimated ticket
$2.0M–$3.9M
23 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- 60-90 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
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $24.8M |
| Operating margin | 6.1% |
| Total margin | 8.8% |
| Days cash on hand | 78 |
| Current ratio | 3.60 |
| Occupancy | 24% |
Facility
| Beds | 23 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 23 | $8.3M | $-2.0M | -42.7% | -20.2% | 312 | 1.12 | 23% | 202 | 57 |
| 2021 | 23 | $22.8M | $4.1M | 3.8% | 15.8% | 160 | 1.52 | 30% | 535 | 6 |
| 2022 | 23 | $23.2M | $122K | -3.3% | 0.5% | 63 | 1.38 | 26% | 541 | 41 |
| 2023 | 23 | $24.8M | $2.3M | 6.1% | 8.8% | 78 | 3.60 | 24% | 523 | 17 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Kootenai Health, Inc. | 5% or greater direct ownership interest | 100 | 2020-04 | |
| Barbara Jean Glodowski | corporate director | 2020-04 | ||
| Christina Ulmer | corporate director | 2020-04 | ||
| Clarence Brunson | corporate director | 2020-04 | ||
| Cynthia O'brien | corporate director | 2020-04 | ||
| Jeremy Evans | corporate director | 2020-04 | ||
| Jon Ness | other | 2020-04 | ||
| Kelly Mcgrath | corporate director | 2020-04 | ||
| Kimberly Ingram | corporate director | 2020-04 | ||
| Lenne Bonner | corporate officer | 2007-10 | ||
| Lenne Bonner | w-2 managing employee | 2007-10 | ||
| Leonard Hill | corporate director | 2020-04 | ||
| Lisa Maurer | corporate director | 2020-04 | ||
| Matt Sartini | corporate director | 2020-04 | ||
| Rene Forsman | corporate director | 2020-04 |
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2021-08-01 | Caribou Medical Center, Inc | Caribou Memorial Hospital | Caribou Memorial Hospital | 25 |