Sunrise Hospital And Medical Center
Las Vegas, Clark County, NV
· CCN 290003
Licensed to Sunrise Hospital And Medical Center, Llc
Composite
18.7
rank score
Distress
47
FY2024
Fit
64
vs thesis
Estimated ticket
$374M–$1.5B
748 beds ·
over envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin under 2%
- total margin under 2%
- under 30 days cash on hand
- current ratio below 0.8
- margin deteriorating
- urban — higher occupancy and iteration surface
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $840M |
| Operating margin | 0.5% |
| Total margin | 0.9% |
| Days cash on hand | 0 |
| Current ratio | 0.34 |
| Occupancy | 91% |
Facility
| Beds | 748 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 676 | $661M | $30.0M | 4.2% | 4.5% | 0 | 0.42 | 83% | 31,225 | 36 |
| 2022 | 676 | $800M | $74.6M | 9.0% | 9.3% | 0 | 0.25 | 91% | 36,907 | 36 |
| 2023 | 748 | $839M | $55.0M | 6.2% | 6.5% | 0 | 0.38 | 90% | 38,514 | 36 |
| 2024 | 748 | $840M | $7.8M | 0.5% | 0.9% | 0 | 0.34 | 91% | 38,812 | 47 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ac Med Llc | 5% or greater direct ownership interest | 100 | 2016-01 | |
| Carl James | corporate officer | 100 | 2024-04 | |
| Carl James | w-2 managing employee | 100 | 2024-04 | |
| Hca Healthcare Inc | 5% or greater indirect ownership interest | 100 | 2016-10 | |
| Hca Inc | 5% or greater indirect ownership interest | 100 | 2016-10 | |
| Healthtrust Inc - The Hospital Company | 5% or greater indirect ownership interest | 100 | 2016-10 | |
| Frisco Holding Ii | 5% or greater indirect ownership interest | 16 | 2026-02 | |
| Hercules Holding Ii | 5% or greater indirect ownership interest | 14 | 2016-10 | |
| Eric Smith | contracted managing employee | 2021-03 | ||
| Todd Sklamberg | corporate officer | 2012-07 | ||
| Todd Sklamberg | w-2 managing employee | 2012-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.