dealflow
envelope $200M

← Targets

Deer Lodge Medical Center

Deer Lodge, Powell County, MT · CCN 271314
Licensed to Powell County Memorial Hospital Association Inc.

Composite
34.8
rank score
Distress
47
FY2024
Fit
34
vs thesis
Estimated ticket
$1.4M–$2.7M
16 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin below -10%
  • 90-150 days cash on hand
  • occupancy below 30%
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$22.1M
Operating margin -11.4%
Total margin 7.5%
Days cash on hand 135
Current ratio 5.87
Occupancy17%

Facility

Beds16
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 16 $20.0M $9.2M 5.5% 32.9% 162 3.79 21% 114 9
2022 16 $20.8M $2.4M 2.6% 10.3% 159 3.53 23% 168 9
2023 16 $21.2M $1.3M -9.1% 5.4% 127 4.06 23% 157 36
2024 16 $22.1M $2.0M -11.4% 7.5% 135 5.87 17% 98 47

Owners

OwnerRole%SinceType
Andrew Beck corporate officer 2019-08
Andrew Beck w-2 managing employee 2019-08
Carlee Hansen corporate director 2019-07
Christopher Anderson corporate director 2025-01
Colter Cumin corporate director 2019-11
Edward Mccarthy corporate director 2021-06
Jack Andersen corporate director 2006-06
Jaena Richards corporate officer 1991-05
Jaena Richards w-2 managing employee 1991-05
James Decker corporate director 2016-02
Jennifer Spring corporate officer 2016-07
Jennifer Spring w-2 managing employee 2016-07
Terry Mosier corporate director 2020-07
Tony Pfaff contracted managing employee 2012-04
Tony Pfaff corporate officer 2004-09

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 MT

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2023-07-01 Benefis Community Hospitals Inc Chouteau County District Hospital Bmrmc 25
2022-07-01 Liberty County Hospital And... Liberty County Hospital And... Logan Health Chester 25
2021-06-01 Logan Health - Conrad Logan Health - Conrad Logan Health Conrad 20
2021-06-01 Northern Rockies Medical Center Inc Northern Rockies Medical Center Inc Logan Health Cutbank 25
2021-05-09 Logan Health - Shelby Toole County Logan Health Shelby 21
2016-07-01 Pioneer Medical Center County Of Sweet Grass Pioneer Medical Center 25
2016-07-01 Barrett Hospital Development Corporation Public Hospital District For... Barrett Hospital And Healthcare 18