dealflow
envelope $200M

← Targets

Community Hospital Of Anaconda

Anaconda, Deer Lodge County, MT · CCN 271335
Licensed to Community Hospital Of Anaconda

Composite
33.0
rank score
Distress
29
FY2023
Fit
50
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin negative
  • total margin under 2%
  • occupancy 45-60%
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$91.4M
Operating margin -1.7%
Total margin 1.9%
Days cash on hand 152
Current ratio 4.02
Occupancy46%

Facility

Beds25
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
2020 25 $75.1M $5.9M -0.9% 7.2% 195 3.20 52% 858 18
2021 25 $86.2M $14.2M 4.8% 14.8% 234 5.44 55% 765 2
2022 25 $89.0M $-447K 1.3% -0.5% 191 5.31 45% 737 20
2023 25 $91.4M $1.8M -1.7% 1.9% 152 4.02 46% 719 29

Owners

OwnerRole%SinceType
Audrey Aspholm corporate director 2018-01
Christine Connors corporate director 2018-01
Erik Swanson corporate director 2022-01
Freddy Bartoletti corporate director 2016-09
Jamie Johnson corporate officer 2005-12
Kira Conn corporate director 2023-01
Kristy Mckay corporate director 2018-01
Lee Bartoletti corporate director 2005-01
Margaret Hickey Boynton corporate officer 2005-03
Stan Blaz corporate director 1999-09
Stephanie Denham corporate officer 2023-01
Tricia Wagner w-2 managing employee 2022-01
William Finnegan corporate director 2022-04

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