Mt. Grant General Hospital
dba Mt Grant General Hospital ·
Hawthorne, Mineral County, NV
· CCN 291300
Licensed to Mt Grant General Hospital
Composite
52.6
rank score
Distress
84
FY2024
Fit
37
vs thesis
Estimated ticket
$654K–$1.3M
11 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- liabilities exceed assets
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $16.4M |
| Operating margin | -14.5% |
| Total margin | -6.4% |
| Days cash on hand | 21 |
| Current ratio | 1.57 |
| Occupancy | 27% |
Facility
| Beds | 11 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $59.5K |
| Per-bed (high) | $119K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 11 | $14.4M | $2.1M | -22.5% | 10.7% | 108 | 1.79 | 48% | 266 | 46 |
| 2022 | 11 | $14.1M | $1.2M | -15.2% | 6.6% | 147 | 0.97 | 31% | 160 | 54 |
| 2023 | 11 | $14.5M | $-2.7M | -28.3% | -16.9% | 51 | 1.49 | 29% | 150 | 84 |
| 2024 | 11 | $16.4M | $-1.1M | -14.5% | -6.4% | 21 | 1.57 | 27% | 123 | 84 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Denise Ferguson | corporate officer | 100 | 2022-06 | |
| Denise Ferguson | w-2 managing employee | 100 | 2022-06 | |
| Mt Grant General Hospital | other | 100 | 1984-06 | |
| Sandrae Lehman | corporate officer | 100 | 2020-02 | |
| Sandrae Lehman | w-2 managing employee | 100 | 2020-02 |
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 NV
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2016-08-16 | Dvh Hospital Alliance Llc | Desert View Regional Medical... | Desert View Regional Medical Center | 25 |