Cassia Regional Hospital
dba Intermountain Health Cassia Regional Hospital ·
Burley, Cassia County, ID
· CCN 131326
Licensed to Ihc Health Services Inc
Composite
34.5
rank score
Distress
28
FY2023
Fit
50
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin under 2%
- under 30 days cash on hand
- occupancy 45-60%
- part of a multi-hospital chain — divestiture candidate
- 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 | $64.3M |
| Operating margin | 1.0% |
| Total margin | 2.8% |
| Days cash on hand | 0 |
| Current ratio | 4.40 |
| Occupancy | 49% |
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 | $50.7M | $1.0M | -5.2% | 1.9% | 0 | 3.68 | 49% | 1,452 | 50 |
| 2021 | 25 | $58.6M | $5.9M | 8.1% | 9.8% | 0 | -9.84 | 52% | 1,390 | 38 |
| 2022 | 25 | $53.5M | $-3.0M | -9.9% | -5.4% | 0 | -10.68 | 52% | 1,353 | 72 |
| 2023 | 25 | $64.3M | $1.8M | 1.0% | 2.8% | 0 | 4.40 | 49% | 1,316 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ihc Health Services Inc | 5% or greater direct ownership interest | 100 | 1975-04 | chain |
| Alan Pruhs | corporate director | 2025-06 | ||
| Ben Robinson | corporate director | 2025-06 | ||
| Benjamin Nelson | corporate director | 2025-06 | ||
| Bowen Harris | corporate officer | 2020-09 | ||
| Bowen Harris | w-2 managing employee | 2020-09 | ||
| David Utrilla | corporate director | 2025-06 | ||
| Deirdra Walsh | corporate director | 2023-06 | ||
| Denis Smith | corporate officer | 2022-04 | ||
| Elizabeth Owens | corporate director | 2024-06 | ||
| Eric Liston | corporate director | 2026-01 | ||
| Matt Packard | corporate director | 2016-07 | ||
| Michael Blauer | corporate officer | 2022-07 | ||
| Patricia Ravert | corporate director | 2016-10 | ||
| Patricia Ricks | corporate director | 2024-06 | ||
| Robert Allen | corporate director | 2022-12 | ||
| Robert Pettitt | corporate director | 2023-06 | ||
| Robert Spendlove | corporate director | 2024-06 | ||
| Shannon Baker | corporate director | 2024-06 | ||
| Troy Spring | corporate officer | 2015-02 | ||
| William Caine | corporate director | 2023-06 | ||
| William Hulterstrom | corporate director | 2023-06 | ||
| Ze Min Xiao | corporate director | 2025-06 |
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2021-08-01 | Caribou Medical Center, Inc | Caribou Memorial Hospital | Caribou Memorial Hospital | 25 |