Bingham Memorial Hospital
Blackfoot, Bingham County, ID
· CCN 131325
Licensed to Bmh Inc
Composite
30.4
rank score
Distress
23
FY2023
Fit
50
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin negative
- 90-150 days cash on hand
- occupancy 45-60%
- margin slipping
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $169M |
| Operating margin | -4.2% |
| Total margin | 2.5% |
| Days cash on hand | 90 |
| Current ratio | 3.93 |
| Occupancy | 48% |
Facility
| Beds | 25 |
| 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 | 25 | $142M | $4.8M | -9.2% | 3.0% | 113 | 2.11 | 59% | 1,889 | 29 |
| 2021 | 25 | $160M | $12.9M | -0.4% | 7.4% | 126 | 2.60 | 59% | 1,456 | 22 |
| 2022 | 25 | $165M | $1.9M | -3.6% | 1.1% | 93 | 3.42 | 52% | 1,326 | 26 |
| 2023 | 25 | $169M | $4.4M | -4.2% | 2.5% | 90 | 3.93 | 48% | 1,225 | 23 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bmh Inc | 5% or greater direct ownership interest | 2007-06 | ||
| Bmh Inc | operational/managerial control | 2007-06 | ||
| Brian Thomas | corporate director | 2024-01 | ||
| Christian Cannon | corporate director | 2021-09 | ||
| Daniel Daniels | corporate officer | 2025-09 | ||
| Daniel Daniels | w-2 managing employee | 2025-09 | ||
| Gary Ullery | corporate director | 2024-01 | ||
| Jacob Erickson | corporate officer | 2017-10 | ||
| Jacob Erickson | corporate director | 2017-10 | ||
| Jacob Erickson | w-2 managing employee | 2017-10 | ||
| Jessica Lewis | corporate officer | 2019-02 | ||
| Kevin Kotter | corporate director | 2020-01 | ||
| Linda Valentine | corporate director | 2017-10 | ||
| Luke Jolley | corporate director | 2024-01 | ||
| Scott Reese | corporate director | 2021-01 | ||
| Whitney Manwaring | corporate director | 2023-01 | ||
| William Sponenburgh | corporate director | 2022-02 |
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 |