Bozeman Deaconess Health Services
dba Bozeman Health Deaconess Regional Medical Center ·
Bozeman, Gallatin County, MT
· CCN 270057
Licensed to Bozeman Health Deaconess Hospital
Composite
42.0
rank score
Distress
41
FY2023
Fit
59
vs thesis
Estimated ticket
$13.9M–$27.8M
139 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- 60-90 days cash on hand
- occupancy 45-60%
- margin deteriorating sharply
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $413M |
| Operating margin | -9.0% |
| Total margin | 3.4% |
| Days cash on hand | 80 |
| Current ratio | 5.85 |
| Occupancy | 56% |
Facility
| Beds | 139 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 91 | $318M | $34.7M | -8.6% | 9.1% | 120 | 5.82 | 66% | 5,447 | 27 |
| 2021 | 124 | $398M | $20.4M | -5.5% | 4.4% | 176 | 5.41 | 68% | 6,667 | 22 |
| 2022 | 124 | $396M | $-57.1M | -13.0% | -13.4% | 69 | 6.34 | 58% | 6,186 | 57 |
| 2023 | 139 | $413M | $15.9M | -9.0% | 3.4% | 80 | 5.85 | 56% | 6,143 | 41 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bozeman Deaconess Health Services | 5% or greater direct ownership interest | 100 | 2016-01 | |
| Alyce Schultz | corporate director | 2020-07 | ||
| Amy Croover | corporate director | 2024-07 | ||
| Angie Libertini | w-2 managing employee | 2024-07 | ||
| Bradley Ludford | corporate officer | 2018-09 | ||
| Corey Pulfrey | corporate officer | 2023-07 | ||
| David Crites | corporate director | 2024-07 | ||
| Elizabeth Carver | corporate director | 2021-07 | ||
| Francisco Ferreyra-Munoz | corporate director | 2024-07 | ||
| James Berend | corporate director | 2022-07 | ||
| John How | corporate director | 2019-07 | ||
| Jon Knokey | corporate director | 2022-07 | ||
| Kathryn Bertany | corporate officer | 2022-11 | ||
| Kim Scurry | corporate director | 2024-07 | ||
| Meghan Johnston | corporate officer | 2023-07 | ||
| Rebecca Franks | corporate director | 2022-07 | ||
| Vickie Groeneweg | corporate director | 2023-07 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2016-01-01 | change of ownership | Bozeman Health Deaconess Hospital | Bozeman Deaconess Health Services |
Who has been buying in MT
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 |
|---|---|---|---|---|
| 2021-01-01 | Kalispell Regional Medical Center Inc | Healthcenter Northwest Llc | Logan Health Medical Center | 210 |
| 2016-01-01 | Bozeman Health Deaconess Hospital | Bozeman Deaconess Health Services | Bozeman Deaconess Health Services | 139 |