Lincoln County Medical Center
Ruidoso, Lincoln County, NM
· CCN 321306
Licensed to Presbyterian Healthcare Services
Composite
35.3
rank score
Distress
34
FY2023
Fit
50
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- occupancy 45-60%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $75.0M |
| Operating margin | 8.9% |
| Total margin | 16.7% |
| Days cash on hand | 2 |
| Current ratio | -0.23 |
| Occupancy | 51% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $55.2M | $7.4M | 5.0% | 12.3% | 3 | 2.22 | 43% | 994 | 28 |
| 2021 | 25 | $63.2M | $11.0M | 9.0% | 16.0% | 2 | -0.28 | 53% | 1,129 | 38 |
| 2022 | 25 | $66.7M | $7.5M | 4.1% | 10.5% | 2 | -0.28 | 46% | 1,137 | 38 |
| 2023 | 25 | $75.0M | $13.7M | 8.9% | 16.7% | 2 | -0.23 | 51% | 1,279 | 34 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Kimberly Poland | w-2 managing employee | 2011-01 | ||
| Kimberly Poland | operational/managerial control | 2011-01 | ||
| Steven Figge | corporate director | 2010-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.