dealflow
envelope $200M

← Targets

Regional West Medical Center

Scottsbluff, Scotts Bluff County, NE · CCN 280061
Licensed to Regional West Medical Center

Composite
53.8
rank score
Distress
75
FY2023
Fit
50
vs thesis
Estimated ticket
$8.5M–$17.1M
122 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin negative
  • current ratio under 1.5
  • liabilities exceed assets
  • occupancy 30-45%
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • bed count in the target band
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$210M
Operating margin -12.7%
Total margin -0.0%
Days cash on hand
Current ratio 1.44
Occupancy43%

Facility

Beds122
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $70.0K
Per-bed (high) $140K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 122 $201M $31.7M -2.2% 13.4% 75 1.24 53% 5,312 36
2021 122 $236M $40.2M 8.7% 15.7% 75 1.43 55% 5,285 20
2022 122 $218M $-14.7M -12.9% -6.3% 8 1.28 55% 4,418 76
2023 122 $210M $-65.5K -12.7% -0.0% 1.44 43% 4,010 75

Owners

OwnerRole%SinceType
Amanda Vick corporate officer 100 2019-07
Amanda Vick w-2 managing employee 100 2019-07
Amanda Vick operational/managerial control 100 2019-07
Jeanne Mckerrigan corporate officer 100 2024-01
Jeanne Mckerrigan corporate director 100 2024-01
Jeanne Mckerrigan w-2 managing employee 100 2024-01
Regional West Health Services
Scottsbluff, NE
operational/managerial control 100 2006-12
Andrew Shea contracted managing employee 2025-05
Andrew Shea corporate officer 2025-05
Andrew Shea corporate director 2025-05
Andrew Shea operational/managerial control 2025-05
Carolyn Escamilla corporate director 2017-02
Dennis Hadden corporate director 2012-06
Dennis Miller corporate director 2017-02
Dennis Miller operational/managerial control 2017-02
Dorisa Polk corporate director 2019-06
Gene Glenn corporate director 2012-06
Henry Kosman corporate director 2012-06
James Trumbull corporate officer 2012-02
Jeffrey Holloway corporate director 2010-08
John Massey corporate director 2019-06
Jonathan Morgan corporate officer 2022-01
Jonathan Morgan corporate director 2022-01
Jonathan Morgan w-2 managing employee 2022-01
Jonathan Morgan operational/managerial control 2022-01

Showing 25 of 33. Full list via /api/targets/280061.

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 NE

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2022-01-01 Bryan Hospital Kearney Kearney Regional Medical Center Llc Kearney Regional Medical Center 93
2018-10-01 Methodist Fremont Health Fremont Health Methodist Fremont Health 50