dealflow
envelope $200M

← Targets

Banner Churchill Community Hospital

Fallon, Churchill County, NV · CCN 291313
Licensed to Banner Churchill Community Hospital

Composite
35.0
rank score
Distress
28
FY2023
Fit
56
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin under 2%
  • under 30 days cash on hand
  • occupancy 45-60%
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$65.0M
Operating margin 1.2%
Total margin 3.0%
Days cash on hand 0
Current ratio 2.13
Occupancy55%

Facility

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

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 25 $52.0M $-2.0M -6.0% -3.8% 2 3.93 63% 1,474 57
2021 25 $59.6M $-1.7M -4.5% -2.8% 0 3.86 66% 1,499 46
2022 25 $69.2M $6.5M 6.8% 9.2% 0 3.74 61% 1,323 22
2023 25 $65.0M $2.0M 1.2% 3.0% 0 2.13 55% 1,431 28

Owners

OwnerRole%SinceType
Banner Health
Phoenix, AZ
5% or greater direct ownership interest 100 2015-05
Amy Perry corporate officer 2021-11
Anne Mariucci corporate officer 2015-03
Brenda Schaefer corporate officer 2014-03
Charles Kikumoto corporate director 2012-08
Christine Rosini corporate director 2020-07
Christine Rosini w-2 managing employee 2020-07
Christopher Volk corporate director 2009-12
Dean Harrison corporate director 2023-09
Gilbert Davila corporate director 2005-12
Holly Gregory corporate director 2020-07
Holly Gregory w-2 managing employee 2020-07
Jean Lance corporate officer 2022-06
John Koster corporate officer 2015-12
Julie Ann Alvarado-Dubek corporate officer 2022-02
Marjorie Bessel corporate officer 2018-01
Mark Wallace corporate director 2021-09
Mary Schubert corporate officer 2024-01
Michael Garnreiter corporate director 2012-08
Paris Labruzzo corporate director 2022-12
Paris Labruzzo w-2 managing employee 2022-12
Quentin Smith corporate director 1999-09
Rick Myers corporate director 2023-09
Robert Carnahan corporate officer 2017-05
Robert Carnahan w-2 managing employee 2017-05

Showing 25 of 29. Full list via /api/targets/291313.

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