dealflow
envelope $200M

← Targets

Roundup Memorial Healthcare

Roundup, Mussellshell County, MT · CCN 271346
Licensed to Roundup Memorial Hospital Association

Composite
32.0
rank score
Distress
24
FY2024
Fit
53
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin negative
  • 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 · FY2024

Net patient revenue$13.9M
Operating margin -1.6%
Total margin 9.6%
Days cash on hand 244
Current ratio 12.15
Occupancy81%

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
2021 25 $10.7M $3.7M -1.0% 25.4% 209 2.82 77% 51 16
2022 25 $11.8M $2.4M -4.4% 16.2% 195 9.64 69% 95 16
2023 25 $13.9M $1.0M -4.6% 6.6% 201 13.57 80% 38 16
2024 25 $13.9M $1.5M -1.6% 9.6% 244 12.15 81% 55 24

Owners

OwnerRole%SinceType
Mark Rosebush corporate director 100 2011-01
Marshall White corporate director 100 2010-12
John Pfister corporate director 2007-09
Kenneth Mosdal corporate director 2007-09
Tracy Anderson corporate officer 2024-09
Tracy Anderson w-2 managing employee 2024-09

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