Logan Health Whitefish
Whitefish, Flathead County, MT
· CCN 271336
Licensed to Logan Health - Whitefish
Composite
25.7
rank score
Distress
10
FY2023
Fit
53
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $102M |
| Operating margin | 13.8% |
| Total margin | 11.1% |
| Days cash on hand | 334 |
| Current ratio | 3.72 |
| Occupancy | 61% |
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 | $84.0M | $17.1M | 13.3% | 18.7% | 377 | 4.33 | 53% | 1,269 | 2 |
| 2022 | 25 | $97.3M | $17.0M | 14.2% | 16.6% | 240 | 3.44 | 67% | 1,559 | 0 |
| 2023 | 25 | $102M | $10.9M | 13.8% | 11.1% | 334 | 3.72 | 61% | 1,566 | 10 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Mtwy Health | 5% or greater direct ownership interest | 100 | 2016-04 | |
| Mtwy Health | operational/managerial control | 100 | 2016-04 | |
| Alice Gordon | corporate director | 2023-09 | ||
| Amy May | corporate director | 2017-09 | ||
| Anna Robbins | corporate officer | 2023-07 | ||
| Anna Robbins | w-2 managing employee | 2023-07 | ||
| Anna Robbins | operational/managerial control | 2023-07 | ||
| Benjamin Ward | corporate director | 2021-07 | ||
| Bonnie Matosich | corporate director | 2025-02 | ||
| Brigid Burke | corporate officer | 2024-05 | ||
| Clinton Seger | corporate officer | 2023-09 | ||
| Clinton Seger | corporate director | 2023-09 | ||
| Courtney Stout Paterson | corporate director | 2025-02 | ||
| Craig Bartholomew | corporate director | 2023-09 | ||
| David Dittman | corporate director | 2017-09 | ||
| Donald Bennett | corporate director | 2025-02 | ||
| Edward Stein | corporate director | 2021-07 | ||
| Ellen Layton | corporate officer | 2024-08 | ||
| Heidi Duncan | corporate director | 2023-09 | ||
| Jane Karas | corporate director | 2023-09 | ||
| John Manuel | corporate director | 2021-02 | ||
| Joseph Reger | corporate director | 2021-10 | ||
| Justin Ott | corporate officer | 2024-08 | ||
| Keith Cook | corporate director | 2023-09 | ||
| Lin Akey | corporate director | 2017-09 |
Showing 25 of 35. Full list via /api/targets/271336.
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 |