Clark Fork Valley Hospital
Plains, Sanders County, MT
· CCN 271323
Licensed to Plains Hospital Corporation
Composite
29.2
rank score
Distress
31
FY2023
Fit
38
vs thesis
Estimated ticket
$1.4M–$2.7M
16 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin -10% to -5%
- occupancy 30-45%
- margin deteriorating
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $29.4M |
| Operating margin | -5.4% |
| Total margin | 4.0% |
| Days cash on hand | 152 |
| Current ratio | 3.57 |
| Occupancy | 33% |
Facility
| Beds | 16 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 16 | $26.5M | $2.1M | -3.1% | 7.0% | 171 | 2.24 | 38% | 480 | 21 |
| 2021 | 16 | $28.6M | $4.5M | -0.3% | 13.7% | 194 | 3.60 | 47% | 568 | 18 |
| 2022 | 16 | $25.9M | $-3.3M | -14.6% | -12.6% | 148 | 3.05 | 32% | 454 | 54 |
| 2023 | 16 | $29.4M | $1.3M | -5.4% | 4.0% | 152 | 3.57 | 33% | 391 | 31 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bina Eggensperger | corporate director | 7 | 1997-01 | |
| Brian Meaden | corporate director | 7 | 2023-05 | |
| Carla Neiman | corporate officer | 7 | 1994-10 | |
| Devin Huntley | corporate director | 7 | 2008-01 | |
| Erika Lawyer | corporate director | 7 | 1997-01 | |
| Erin Mccarthy | corporate director | 7 | 2015-01 | |
| Gregory Hanson | corporate officer | 7 | 2000-01 | |
| Jeanine Gentry | corporate officer | 7 | 2023-05 | |
| Katrina Culmer | corporate director | 7 | 2023-01 | |
| Lisa Eberhardt | corporate officer | 7 | 2016-06 | |
| Michael Baxter | corporate director | 7 | 2017-01 | |
| Richard Ingle | corporate director | 7 | 2023-01 | |
| Trista Feist Brown | corporate director | 7 | 2023-05 | |
| Virginia Holland | corporate director | 7 | 2018-01 | |
| Carla Neiman | w-2 managing employee | 1994-10 | ||
| Gregory Hanson | corporate director | 2000-01 | ||
| Gregory Hanson | w-2 managing employee | 1994-01 | ||
| Jeanine Gentry | w-2 managing employee | 2023-05 | ||
| Lisa Eberhardt | w-2 managing employee | 2016-06 |
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 |