Santa Fe Medical Center
dba Presbyterian Santa Fe Medical Center ·
Santa Fe, NM
· CCN 320090
Licensed to Presbyterian Healthcare Services
Composite
63.1
rank score
Distress
87
FY2023
Fit
60
vs thesis
Estimated ticket
$12.6M–$50.4M
36 beds ·
within envelope
Ownership
nonprofit
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 30-45%
- urban — higher occupancy and iteration surface
- small but workable bed count
- small ticket — deploys little of the available capital
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $99.3M |
| Operating margin | -23.9% |
| Total margin | -25.0% |
| Days cash on hand | 0 |
| Current ratio | 0.05 |
| Occupancy | 45% |
Facility
| Beds | 36 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 36 | $64.2M | $-29.4M | -49.6% | -44.0% | 0 | 0.04 | 45% | 2,060 | 97 |
| 2021 | 36 | $80.9M | $-13.8M | -27.8% | -15.5% | 0 | 0.05 | 53% | 2,292 | 93 |
| 2022 | 36 | $95.0M | $-24.4M | -26.5% | -25.5% | 0 | 0.05 | 50% | 1,742 | 93 |
| 2023 | 36 | $99.3M | $-25.1M | -23.9% | -25.0% | 0 | 0.05 | 45% | 1,799 | 87 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Kimberly Poland | w-2 managing employee | 2011-01 | ||
| Kimberly Poland | other | 2011-01 | ||
| Steven Figge | corporate director | 2001-01 |
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 |