Carson Valley Medical Center
dba Carson Valley Health ·
Gardnerville, Douglas County, NV
· CCN 291306
Licensed to Washoe Barton Medical Clinic A Nevada Nonprofit Corporation
Composite
20.5
rank score
Distress
2
FY2023
Fit
49
vs thesis
Estimated ticket
$2.0M–$3.9M
23 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- occupancy 45-60%
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $96.5M |
| Operating margin | 7.5% |
| Total margin | 13.4% |
| Days cash on hand | 176 |
| Current ratio | 3.92 |
| Occupancy | 51% |
Facility
| Beds | 23 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 23 | $68.5M | $6.8M | 5.9% | 9.6% | 215 | 2.92 | 52% | 1,078 | 2 |
| 2021 | 23 | $78.6M | $20.2M | 10.0% | 22.2% | 230 | 3.15 | 57% | 993 | 2 |
| 2022 | 23 | $84.3M | $5.0M | 6.8% | 6.0% | 152 | 4.48 | 47% | 1,036 | 2 |
| 2023 | 23 | $96.5M | $13.8M | 7.5% | 13.4% | 176 | 3.92 | 51% | 1,039 | 2 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Barton Healthcare System | 5% or greater direct ownership interest | 100 | 2000-11 | |
| Clinton Purvance | corporate director | 2008-04 | ||
| Colleen Reid | corporate officer | 2018-11 | ||
| Gina Zink | w-2 managing employee | 2008-01 | ||
| Jeffrey Rahbeck | corporate director | 2026-01 | ||
| Kelly Neiger | corporate director | 2020-01 | ||
| Paul Fry | corporate director | 2016-01 | ||
| Shannon Rogers | corporate officer | 2026-04 | ||
| Shannon Rogers | corporate director | 2026-04 | ||
| Shannon Rogers | w-2 managing employee | 2026-04 |
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 |