Carson Tahoe Continuing Care Hospita
Carson City, Carson City County, NV · CCN 292008
Composite
60.5
rank score
Distress
82
FY2023
Fit
59
vs thesis
Estimated ticket
$6.1M–$24.4M
29 beds ·
within envelope
Ownership
nonprofit
LTCH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio under 1.5
- debt above 70% of assets
- occupancy 30-45%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $2.9M |
| Operating margin | -39.5% |
| Total margin | -38.5% |
| Days cash on hand | 21 |
| Current ratio | 1.17 |
| Occupancy | 32% |
Facility
| Beds | 29 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $210K |
| Per-bed (high) | $840K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 29 | $6.5M | $-2.3M | -49.3% | -31.5% | 13 | 2.25 | 44% | 173 | 72 |
| 2021 | 29 | $5.0M | $-5.3M | -104.7% | -104.7% | 9 | 1.22 | 33% | 120 | 80 |
| 2022 | 29 | $5.1M | $-4.0M | -81.0% | -75.0% | 12 | -0.58 | 41% | 127 | 86 |
| 2023 | 29 | $2.9M | $-1.1M | -39.5% | -38.5% | 21 | 1.17 | 32% | 63 | 82 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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 |
|---|---|---|---|---|
| 2019-09-30 | Pam Specialty Hospital Of Reno Llc | New Lifecare Hospitals Of Northern... | Pam Specialty Hospital Of Reno | 21 |
| 2019-09-30 | Pam Specialty Hospital Of Las Vegas Llc | New Lifecare Hospital At Tenaya Llc | Pam Specialty Hospital Of Las Vegas | 70 |