Frances Mahon Deaconess Hospital
Glasgow, Valley County, MT
· CCN 271316
Licensed to Frances Mahon Deaconess Hospital
Composite
34.9
rank score
Distress
41
FY2024
Fit
41
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin negative
- 60-90 days cash on hand
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- 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 | $56.0M |
| Operating margin | -0.2% |
| Total margin | 9.0% |
| Days cash on hand | 79 |
| Current ratio | 3.93 |
| Occupancy | 22% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $44.3M | $9.9M | 2.5% | 18.7% | 96 | 5.05 | 18% | 431 | 13 |
| 2022 | 25 | $51.4M | $-4.2M | 3.2% | -8.1% | 71 | 2.98 | 26% | 508 | 36 |
| 2023 | 25 | $52.2M | $7.5M | 3.6% | 12.6% | 90 | 6.79 | 19% | 429 | 19 |
| 2024 | 25 | $56.0M | $5.6M | -0.2% | 9.0% | 79 | 3.93 | 22% | 394 | 41 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Angela Page | corporate director | 2025-07 | ||
| Brianne Capdeville | corporate director | 2020-07 | ||
| Cami Graham | corporate director | 2021-07 | ||
| Camilia Kalinski | w-2 managing employee | 2002-10 | ||
| Connie Brunelle | w-2 managing employee | 2015-02 | ||
| Dirk Markle | corporate director | 2024-07 | ||
| Gordon Bell | corporate director | 2023-07 | ||
| Marisa Sather | corporate director | 2020-01 | ||
| Nichole Bergtoll | corporate director | 2025-07 | ||
| Nickolas Dirkes | corporate director | 2022-10 | ||
| Nickolas Dirkes | w-2 managing employee | 2022-10 | ||
| Patrick Menge | corporate director | 2017-11 | ||
| Stanley Ozark | corporate director | 2017-11 | ||
| Susan Johnson | w-2 managing employee | 2019-11 |
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 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 |