Northeastern Nevada Regional Hospita
dba Northeastern Nevada Regional Hospital ·
Elko, Elko County, NV
· CCN 290008
Licensed to Phc-Elko Inc
Composite
37.3
rank score
Distress
34
FY2024
Fit
55
vs thesis
Estimated ticket
$5.9M–$11.8M
59 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- occupancy below 30%
- margin deteriorating
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $91.3M |
| Operating margin | 20.8% |
| Total margin | 21.6% |
| Days cash on hand | 0 |
| Current ratio | 2.38 |
| Occupancy | 17% |
Facility
| Beds | 59 |
| Facility type | STH |
| Setting | rural |
| Ownership class | for-profit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 59 | $81.6M | $22.7M | 19.3% | 25.6% | 0 | 2.71 | 24% | 1,854 | 31 |
| 2022 | 59 | — | $-61.3M | — | — | — | — | 29% | 1,999 | — |
| 2023 | 59 | $84.2M | $13.7M | 15.5% | 16.2% | 0 | 2.47 | 23% | 1,993 | 31 |
| 2024 | 59 | $91.3M | $20.0M | 20.8% | 21.6% | 0 | 2.38 | 17% | 1,695 | 34 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 100 | 2018-11 | |
| Legacy Lifepoint Health Llc | 5% or greater indirect ownership interest | 100 | 2005-04 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 100 | 2018-11 | |
| Province Healthcare Company Llc | 5% or greater indirect ownership interest | 100 | 2005-04 | |
| Charlotte Lawrence | corporate officer | 2022-01 | ||
| Christopher Monte | corporate officer | 2006-06 | ||
| Elliott Brown | corporate officer | 2026-04 | ||
| Lifepoint Corporate Services General Partnership | operational/managerial control | 2005-04 | ||
| Marcus Poppell | corporate officer | 2010-04 | ||
| Russell Bailey | corporate officer | 2026-02 | ||
| Steve Simpson | contracted managing employee | 2018-04 | ||
| William Ziesmer | corporate officer | 2024-02 | ||
| William Ziesmer | corporate director | 2024-02 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.