dealflow
envelope $200M

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Mesa View Regional Hospital

Mesquite, Clark County, NV · CCN 291307
Licensed to Mmc Of Nevada Llc

Composite
38.2
rank score
Distress
37
FY2024
Fit
54
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
for-profit
CAH

Why it ranks here

  • under 30 days cash on hand
  • current ratio below 0.8
  • occupancy 30-45%
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • for-profit — no charitable conversion review

Latest financials · FY2024

Net patient revenue$48.9M
Operating margin 13.6%
Total margin 13.9%
Days cash on hand 0
Current ratio 0.63
Occupancy42%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classfor-profit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 25 $30.6M $2.4M 6.2% 7.8% 0 0.35 35% 1,100 49
2022 25 $31.8M $-132K -4.0% -0.4% 0 0.35 40% 1,034 72
2023 25 $34.9M $-1.0M -4.2% -2.9% 0 0.37 32% 981 72
2024 25 $48.9M $6.8M 13.6% 13.9% 0 0.63 42% 1,143 37

Owners

OwnerRole%SinceType
Quincy Health Llc
New York, NY
5% or greater indirect ownership interest 100 2020-07
Quorum Health Corporation
Brentwood, TN
5% or greater indirect ownership interest 100 2016-04
Quorum Health Investment Company Llc
Franklin, TN
5% or greater direct ownership interest 100 2015-12
Dk Distressed Opportunities Int Ltd
New York, NY
5% or greater indirect ownership interest 13 2020-07
Davidson Kempner Long-Term Distressed Opps Intl Iv Aiv Lp
New York, NY
5% or greater indirect ownership interest 12 2020-07
Dk Ldoi Iv Aggregate Holdco Lp
New York, NY
5% or greater indirect ownership interest 12 2020-07
Davidson Kempner Distressed Opportunities International Cayman
New York, NY
5% or greater indirect ownership interest 12 2020-07
Goldentree Distressed Master Fund Iii Ltd
New York, NY
5% or greater indirect ownership interest 11 2020-07
Dk Quincy Investor Bt I Llc
New York, NY
5% or greater indirect ownership interest 8 2020-07
Dk Quincy Investor Bt Ii Llc
New York, NY
5% or greater indirect ownership interest 8 2020-07
Davidson Kempner Distressed Opportunities Fund Lp
New York, NY
5% or greater indirect ownership interest 8 2020-07
Goldentree Distressed Onshore Master Fund Iii Lp
New York, NY
5% or greater indirect ownership interest 7 2020-08
Davidson Kempner Long-Term Distressed Opportunities Fund Iv L
New York, NY
5% or greater indirect ownership interest 6 2020-07
Goldentree Select Offshore Intermediate Fund Lp
New York, NY
5% or greater indirect ownership interest 5 2020-07
Donald Esposito corporate officer 2021-09
Donald Esposito corporate director 2021-09
Henry Kunath corporate officer 2023-09
Henry Kunath corporate director 2023-09
Julie Manas corporate officer 2022-08
Julie Manas corporate director 2022-08
Kelly Adams w-2 managing employee 2021-05
Laura Fey corporate director 2018-08
Steven Frantz corporate officer 2022-08
Steven Frantz corporate director 2022-08

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