Lovelace Regional Hospital-Roswell
dba Lovelace Regional Hospital Roswell ·
Roswell, Chaves County, NM
· CCN 320086
Licensed to Lovelace Health System Llc
Composite
32.5
rank score
Distress
25
FY2023
Fit
53
vs thesis
Estimated ticket
$2.7M–$5.4M
27 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- occupancy 30-45%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $55.6M |
| Operating margin | 10.8% |
| Total margin | 10.7% |
| Days cash on hand | 0 |
| Current ratio | 2.43 |
| Occupancy | 44% |
Facility
| Beds | 27 |
| Facility type | STH |
| Setting | rural |
| Ownership class | for-profit |
| 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 | 27 | $51.8M | $3.3M | 6.1% | 6.4% | 0 | -0.01 | 61% | 1,689 | 36 |
| 2021 | 27 | $57.9M | $9.2M | 14.9% | 15.7% | 0 | 1.21 | 60% | 1,586 | 28 |
| 2022 | 27 | $63.1M | $6.3M | 9.3% | 9.9% | 0 | 2.09 | 53% | 1,483 | 24 |
| 2023 | 27 | $55.6M | $6.0M | 10.8% | 10.7% | 0 | 2.43 | 44% | 1,299 | 25 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ahp Health Partners, Inc | 5% or greater indirect ownership interest | 100 | 2019-01 | |
| Ahs Management Company Inc. | operational/managerial control | 100 | 2019-01 | |
| Ardent Health Inc | 5% or greater indirect ownership interest | 100 | 2015-08 | |
| Ardent Legacy Holdings Llc | 5% or greater direct ownership interest | 100 | 2019-01 | |
| Richard Haun | w-2 managing employee | 100 | 2023-07 | |
| Martin Bonick | corporate officer | 2020-08 | ||
| Mary Crabtree | corporate officer | 2012-02 | ||
| Richard Haun | corporate officer | 2023-07 | ||
| Stephen Petrovich | corporate officer | 2012-02 | ||
| Stephen Petrovich | corporate director | 2012-02 |
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 |