dealflow
envelope $200M

← Targets

Incline Village Hospital

dba Incline Village Community Hospital · Inclne Village, Washoe County, NV · CCN 291301
Licensed to Tahoe Forest Hospital District

Composite
19.3
rank score
Distress
10
FY2024
Fit
37
vs thesis
Estimated ticket
$340K–$680K
4 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • occupancy below 30%
  • 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$22.1M
Operating margin 10.7%
Total margin 35.3%
Days cash on hand
Current ratio 16.14
Occupancy0%

Facility

Beds4
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 4 $16.2M $358K 12.9% 2.5% 12.89 1% 7 11
2022 4 $18.0M $3.1M 10.5% 16.2% 9.53 1% 2 11
2023 4 $19.8M $3.5M 11.0% 16.6% 11.94 0% 1 11
2024 4 $22.1M $10.8M 10.7% 35.3% 16.14 0% 1 10

Owners

OwnerRole%SinceType
Tahoe Forest Hospital District
Incline Village, NV
5% or greater direct ownership interest 100 1996-08
Alyce Wong corporate officer 2016-12
Alyce Wong corporate director 2016-12
Crystal Felix corporate officer 2013-07
Dale Chamblin corporate officer 2013-02
Dale Chamblin corporate director 2013-02
Louis Ward corporate officer 2024-06
Louis Ward w-2 managing employee 2024-06
Mary Brown corporate officer 2017-06
Mary Brown corporate director 2017-06
Michael Mcgarry corporate director 2020-02
Robert Barnett corporate director 2021-10

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.

DateBuyerSellerHospitalBeds
2016-08-16 Dvh Hospital Alliance Llc Desert View Regional Medical... Desert View Regional Medical Center 25