Cabinet Peaks Medical Center
Libby, Lincoln County, MT
· CCN 271320
Licensed to St Johns Lutheran Hospital Inc
Composite
30.8
rank score
Distress
32
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
- 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 | $47.0M |
| Operating margin | -2.5% |
| Total margin | 5.5% |
| Days cash on hand | 153 |
| Current ratio | 6.26 |
| Occupancy | 23% |
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 | $36.5M | $7.5M | -3.4% | 16.6% | 160 | 3.03 | 24% | 514 | 24 |
| 2022 | 25 | $43.1M | $6.9M | 3.9% | 14.2% | 176 | 4.31 | 28% | 738 | 9 |
| 2023 | 25 | $43.2M | $1.9M | -0.8% | 4.2% | 189 | 6.49 | 23% | 556 | 24 |
| 2024 | 25 | $47.0M | $2.8M | -2.5% | 5.5% | 153 | 6.26 | 23% | 748 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Lancaster Pollard Holdings, Llc | 5% or greater mortgage interest | 25 | 2024-03 | |
| Autumn Smith | w-2 managing employee | 2022-05 | ||
| Daniel Rose | corporate director | 2023-09 | ||
| Julie Leonard | corporate officer | 2024-01 | ||
| Julie Leonard | w-2 managing employee | 2024-01 | ||
| Julienne Lippe | corporate officer | 2025-05 | ||
| Karen Stickney | corporate director | 2024-12 | ||
| Kathleen Nelson | corporate director | 2007-09 | ||
| Kerry Beasley | corporate director | 1995-04 | ||
| Nicole Vranizan | corporate officer | 2024-01 | ||
| Sarah Sorensen | corporate director | 2010-11 | ||
| Steven Sorensen | corporate director | 1994-07 | ||
| Tadd Greenfield | corporate officer | 2022-02 | ||
| Tadd Greenfield | w-2 managing employee | 2022-02 |
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 |