Gritman Medical Center
Moscow, Latah County, ID
· CCN 131327
Licensed to Gritman Medical Center Inc
Composite
38.2
rank score
Distress
45
FY2023
Fit
45
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin negative
- under 30 days cash on hand
- occupancy 30-45%
- margin deteriorating
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $105M |
| Operating margin | -3.1% |
| Total margin | 2.7% |
| Days cash on hand | 1 |
| Current ratio | 1.53 |
| Occupancy | 40% |
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 | $73.0M | $5.4M | -3.7% | 6.5% | 25 | 1.71 | 46% | 1,157 | 40 |
| 2021 | 25 | $83.0M | $5.9M | -3.9% | 6.2% | 11 | 2.12 | 54% | 1,181 | 40 |
| 2022 | 25 | $92.4M | $-5.0M | -6.4% | -5.3% | 1 | 2.19 | 42% | 1,012 | 62 |
| 2023 | 25 | $105M | $3.1M | -3.1% | 2.7% | 1 | 1.53 | 40% | 947 | 45 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cory Ferari-Zimmerman | corporate officer | 2024-09 | ||
| Danielle Breed | w-2 managing employee | 2018-01 | ||
| Kara Besst | corporate officer | 2018-01 | ||
| Robin Woods | corporate director | 2022-06 | ||
| Stephen Busch | corporate director | 2022-06 |
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 |