Lifeways Hospital
Boise, Ada County, ID
· CCN 134009
Licensed to Lifeways Inc
Composite
34.6
rank score
Distress
20
FY2024
Fit
64
vs thesis
Estimated ticket
$4.4M–$17.6M
16 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin -10% to -5%
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- very small facility
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $27.8M |
| Operating margin | -9.3% |
| Total margin | 11.7% |
| Days cash on hand | 160 |
| Current ratio | 3.58 |
| Occupancy | 81% |
Facility
| Beds | 16 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $275K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 16 | $12.1M | $-1.7M | -33.1% | -11.7% | 88 | 0.44 | 74% | 291 | 68 |
| 2021 | 16 | $29.3M | $805K | -22.6% | 2.2% | 52 | 0.60 | 76% | 615 | 58 |
| 2022 | 16 | $25.8M | $1.0M | -31.6% | 3.0% | 70 | 0.84 | 68% | 535 | 47 |
| 2023 | 16 | $24.9M | $3.2M | -17.7% | 9.8% | 119 | 2.64 | 82% | 633 | 32 |
| 2024 | 16 | $27.8M | $4.0M | -9.3% | 11.7% | 160 | 3.58 | 81% | 642 | 20 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Steve Jensen | corporate officer | 2022-01 | ||
| Steve Jensen | corporate director | 2008-04 | ||
| Steve Jensen | w-2 managing employee | 2008-04 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2019-01-01 | change of ownership | Lifeways Inc | Safe Haven Health Care Inc |
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 |
|---|---|---|---|---|
| 2019-01-01 | Lifeways Inc | Safe Haven Health Care Inc | Lifeways Hospital | 16 |