Carson Tahoe Regional Healthcare
dba Carson Tahoe Regional Medical Center ·
Carson City, Carson City County, NV
· CCN 290019
Licensed to Carson Tahoe Regional Healthcare
Composite
33.6
rank score
Distress
0
FY2023
Fit
84
vs thesis
Estimated ticket
$87.5M–$350M
175 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $359M |
| Operating margin | 6.4% |
| Total margin | 12.9% |
| Days cash on hand | 195 |
| Current ratio | 5.91 |
| Occupancy | 79% |
Facility
| Beds | 175 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 175 | $290M | $29.2M | -3.8% | 8.8% | 290 | 2.96 | 68% | 10,042 | 16 |
| 2021 | 175 | $319M | $33.0M | 3.1% | 9.6% | 262 | 3.54 | 76% | 10,106 | 0 |
| 2022 | 175 | $365M | $-1.3M | 3.0% | -0.4% | 163 | 5.73 | 78% | 9,753 | 8 |
| 2023 | 175 | $359M | $50.0M | 6.4% | 12.9% | 195 | 5.91 | 79% | 10,641 | 0 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brian Duffrin | corporate director | 2023-01 | ||
| Carson Tahoe Health System | other | 2013-01 | ||
| Carson Tahoe Regional Healthcare | operational/managerial control | 2007-11 | ||
| David Baker | w-2 managing employee | 2023-02 | ||
| David Johnson | corporate director | 2021-01 | ||
| Gilbert Yanuck | corporate director | 2015-01 | ||
| James Manning | corporate director | 2015-01 | ||
| Jonathon Olivas | corporate director | 2025-01 | ||
| Katie Kucera | corporate officer | 2022-03 | ||
| Kent Gabriel | corporate director | 2023-01 | ||
| Meg Jack | corporate director | 2025-01 | ||
| Michelle Joy | corporate officer | 2022-08 | ||
| Philip O'neill | corporate director | 2018-01 | ||
| Robert Sewell | corporate director | 2025-01 | ||
| Sandra Wartgow | corporate director | 2025-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.