Alta Vista Regional Hospital
Las Vegas, San Miguel County, NM · CCN 320003
Composite
64.6
rank score
Distress
100
FY2023
Fit
49
vs thesis
Estimated ticket
$3.2M–$6.4M
46 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $21.7M |
| Operating margin | -33.6% |
| Total margin | -33.0% |
| Days cash on hand | 0 |
| Current ratio | 0.11 |
| Occupancy | 9% |
Facility
| Beds | 46 |
| Facility type | STH |
| Setting | rural |
| Ownership class | for-profit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 46 | $31.7M | $-550K | -9.8% | -1.6% | 0 | 0.29 | 16% | 795 | 86 |
| 2022 | 46 | $27.6M | $-6.1M | -33.2% | -19.9% | 0 | 0.13 | 16% | 548 | 100 |
| 2023 | 46 | $21.7M | $-7.2M | -33.6% | -33.0% | 0 | 0.11 | 9% | 323 | 100 |
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 NM
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 |
|---|---|---|---|---|
| 2024-01-01 | Unm Hospital | Unm Sandoval Regional Medical Center, Inc | University Of New Mexico Hospital | 508 |
| 2021-01-01 | Covenant Hospital Hobbs | Lea Regional Hospital Llc | Covenant Health Hobbs Hospital | 25 |
| 2020-07-01 | San Juan Regional Medical Center, Inc. | San Juan Regional Rehabilitation... | San Juan Regional Medical Center | 182 |