Marcus Daly Memorial Hospital
dba Bitterroot Health-Daly Hospital ·
Hamilton, Ravalli County, MT
· CCN 271340
Licensed to Marcus Daly Memorial Hospital Corporation
Composite
30.4
rank score
Distress
23
FY2024
Fit
50
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin under 2%
- 60-90 days cash on hand
- occupancy 45-60%
- margin deteriorating
- 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 · FY2024
| Net patient revenue | $126M |
| Operating margin | 0.4% |
| Total margin | 6.1% |
| Days cash on hand | 73 |
| Current ratio | 2.94 |
| Occupancy | 57% |
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 | $83.6M | $9.4M | 4.5% | 10.6% | 167 | 2.97 | 50% | 1,248 | 2 |
| 2022 | 25 | $97.1M | $5.8M | 4.1% | 5.9% | 115 | 4.14 | 60% | 1,007 | 7 |
| 2023 | 25 | $108M | $4.2M | -1.3% | 3.7% | 90 | 2.66 | 56% | 1,035 | 28 |
| 2024 | 25 | $126M | $8.1M | 0.4% | 6.1% | 73 | 2.94 | 57% | 1,290 | 23 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Marcus Daly Memorial Hospital Corporation | 5% or greater direct ownership interest | 100 | 1966-12 | |
| Barbara Ackerman | corporate director | 2014-01 | ||
| Brian Kelleher | corporate director | 2014-01 | ||
| Donald Lodmell | corporate director | 2014-01 | ||
| Frederick Ilgenfritz | corporate director | 2014-01 | ||
| Gary Bedey | corporate director | 2014-01 | ||
| James Owings | corporate director | 2014-01 | ||
| John Bishop | corporate officer | 2018-06 | ||
| John Bishop | corporate director | 2018-06 | ||
| John Bishop | w-2 managing employee | 2018-06 | ||
| John Ormiston | corporate director | 2014-01 | ||
| Kelly Akkerman | w-2 managing employee | 2013-01 | ||
| Susannah Benjamin | corporate director | 2014-01 | ||
| Thomas Anderson | corporate director | 2014-11 | ||
| Trevor Lewis | corporate officer | 2020-07 | ||
| Trevor Lewis | corporate director | 2020-07 | ||
| Trevor Lewis | w-2 managing employee | 2020-07 | ||
| Walker Ashcraft | corporate director | 2014-01 | ||
| William Bean | corporate director | 2014-01 |
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 |