Reno Behavioral Healthcare Hospital
Reno, Washoe County, NV
· CCN 294015
Licensed to Reno Behavioral Healthcare Hospital, Llc
Composite
61.0
rank score
Distress
61
FY2023
Fit
84
vs thesis
Estimated ticket
$24.1M–$96.3M
103 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin negative
- total margin under 2%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy 45-60%
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $23.5M |
| Operating margin | -2.2% |
| Total margin | 0.1% |
| Days cash on hand | 0 |
| Current ratio | 0.58 |
| Occupancy | 59% |
Facility
| Beds | 103 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $234K |
| Per-bed (high) | $935K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 103 | $15.5M | $-1.7M | -12.5% | -10.8% | 13 | 0.27 | 55% | 3,055 | 93 |
| 2021 | 103 | $19.1M | $-105K | -2.1% | -0.5% | 5 | 0.38 | 57% | 3,728 | 72 |
| 2022 | 103 | $21.9M | $-342K | -1.8% | -1.6% | 0 | 0.48 | 64% | 4,142 | 70 |
| 2023 | 103 | $23.5M | $20.5K | -2.2% | 0.1% | 0 | 0.58 | 59% | 4,075 | 61 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Allison Zednick | corporate officer | 100 | 2020-09 | |
| Allison Zednick | operational/managerial control | 100 | 2020-09 | |
| Signature Healthcare Services, Llc | 5% or greater direct ownership interest | 100 | 2016-08 | |
| Soon Kim | 5% or greater indirect ownership interest | 100 | 2016-08 | |
| John Steinke | corporate officer | 50 | 2021-11 | |
| John Steinke | w-2 managing employee | 50 | 2021-11 | |
| John Steinke | operational/managerial control | 50 | 2021-11 |
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 |
|---|---|---|---|---|
| 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 |