Spring Mountain Sahara
dba Uhs Of Deleware ·
Las Vegas, NV
· CCN 294010
Licensed to Spring Valley Medical Center
Already transacted. CMS recorded an ownership change effective
2024-08-01. Confirm the current owner before spending a call on this.
Composite
16.7
rank score
Distress
37
FY2023
Fit
73
vs thesis
Estimated ticket
$8.2M–$33.0M
30 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- occupancy 30-45%
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- small but workable bed count
- small ticket — deploys little of the available capital
- thin occupancy
- for-profit — no charitable conversion review
- changed ownership 2024-08-01 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $4.7M |
| Operating margin | 34.9% |
| Total margin | 34.9% |
| Days cash on hand | 10 |
| Current ratio | -0.06 |
| Occupancy | 44% |
Facility
| Beds | 30 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $275K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 30 | $5.9M | $453K | 1.3% | 7.3% | 0 | -0.03 | 61% | 779 | 42 |
| 2021 | 30 | $6.5M | $653K | 9.6% | 10.0% | 0 | -0.06 | 73% | 1,308 | 36 |
| 2022 | 30 | $5.4M | $784K | 14.3% | 14.5% | 0 | -0.01 | 55% | 946 | 38 |
| 2023 | 30 | $4.7M | $1.6M | 34.9% | 34.9% | 10 | -0.06 | 44% | 604 | 37 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cheryl Ramagano | corporate officer | 100 | 1998-01 | |
| Edward Sim | corporate officer | 100 | 1998-01 | |
| George Brunner | corporate officer | 100 | 1998-01 | |
| Katharine Lyver | corporate officer | 100 | 2024-01 | |
| Matthew Klein | corporate officer | 100 | 1998-01 | |
| Uhs Holding Company, Inc. | 5% or greater indirect ownership interest | 100 | 1998-01 | |
| Uhs Of Delaware Inc | operational/managerial control | 100 | 2000-06 | chain |
| Universal Health Services Inc | 5% or greater indirect ownership interest | 100 | 1998-01 | |
| Alan Miller | 5% or greater indirect ownership interest | 87 | 1998-01 | |
| James Coleman | contracted managing employee | 50 | 1998-01 | |
| James Coleman | corporate officer | 50 | 1998-01 | |
| Edward Sim | corporate director | 33 | 1998-01 | |
| Matthew Klein | corporate director | 33 | 1998-01 | |
| Steve Filton | corporate director | 3 | 1998-01 | |
| Valley Health System, Llc | 5% or greater direct ownership interest | 1998-01 | ||
| Valley Hospital Medical Center Inc | 5% or greater indirect ownership interest | 1998-01 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2024-08-01 | change of ownership | Spring Valley Medical Center | Uhs Sahara, Inc |
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 |
|---|---|---|---|---|
| 2024-08-01 | Spring Valley Medical Center | Uhs Of Spring Mountain Inc | Spring Mountain Treatment Center | 110 |
| 2024-08-01 | Spring Valley Medical Center | Uhs Sahara, Inc | Spring Mountain Sahara | 30 |
| 2024-08-01 | Thrive Behavioral Hospital Llc | Desert Winds Hospital Llc | Desert Winds Hospital | 114 |