Northern Nevada Sierra Medical Cntr
Reno, Washoe County, NV · CCN 290061
Composite
65.3
rank score
Distress
75
FY2023
Fit
79
vs thesis
Estimated ticket
$59.5M–$238M
170 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- liabilities exceed assets
- occupancy 30-45%
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- thin occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $129M |
| Operating margin | -32.6% |
| Total margin | -32.8% |
| Days cash on hand | 0 |
| Current ratio | 2.07 |
| Occupancy | 38% |
Facility
| Beds | 170 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 158 | $61.7M | $-43.4M | -70.3% | -70.2% | 0 | 2.57 | 34% | 2,951 | 83 |
| 2023 | 170 | $129M | $-42.2M | -32.6% | -32.8% | 0 | 2.07 | 38% | 5,507 | 75 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.