Rehoboth Mckinley Christian Hospital
Gallup, Mckinley County, NM · CCN 320038
Composite
28.8
rank score
Distress
23
FY2023
Fit
46
vs thesis
Estimated ticket
$5.0M–$10.0M
50 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- 30-60 days cash on hand
- occupancy below 30%
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $73.5M |
| Operating margin | 57.7% |
| Total margin | 59.9% |
| Days cash on hand | 34 |
| Current ratio | 1.95 |
| Occupancy | 27% |
Facility
| Beds | 50 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 35 | $57.4M | $5.9M | -34.7% | 7.1% | 76 | 2.01 | 57% | 1,834 | 48 |
| 2021 | 52 | $57.6M | $-11.2M | -42.4% | -15.9% | 33 | 0.88 | 38% | 1,702 | 87 |
| 2022 | 50 | $48.0M | $-19.6M | -71.4% | -31.3% | 21 | 0.52 | 37% | 1,605 | 97 |
| 2023 | 50 | $73.5M | $46.6M | 57.7% | 59.9% | 34 | 1.95 | 27% | 630 | 23 |
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 |