Providence Newberg Medical Center
Newberg, Yamhill County, OR
· CCN 380037
Licensed to Providence Health & Services - Oregon
Composite
31.5
rank score
Distress
0
FY2023
Fit
74
vs thesis
Estimated ticket
$20.0M–$80.0M
40 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- small but workable bed count
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $166M |
| Operating margin | 14.0% |
| Total margin | 14.7% |
| Days cash on hand | 220 |
| Current ratio | 12.53 |
| Occupancy | 80% |
Facility
| Beds | 40 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 40 | $124M | $17.2M | 10.9% | 13.5% | 1 | 2.02 | 54% | 2,183 | 24 |
| 2021 | 60 | $143M | $22.4M | 14.6% | 15.5% | 1 | 1.54 | 45% | 2,441 | 24 |
| 2022 | 40 | $152M | $23.0M | 10.0% | 14.4% | 89 | 4.77 | 77% | 2,760 | 10 |
| 2023 | 40 | $166M | $24.6M | 14.0% | 14.7% | 220 | 12.53 | 80% | 3,076 | 0 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Providence Health & Services-Oregon | 5% or greater direct ownership interest | 100 | 2010-11 | |
| Anna Newsom | corporate officer | 2022-05 | ||
| Charles Sorenson | corporate director | 2019-01 | ||
| Darryl Elmouchi | corporate officer | 2025-04 | ||
| Diane Hejna | corporate director | 2016-07 | ||
| Donald Anderson | corporate officer | 2023-09 | ||
| Donna Markham | corporate director | 2024-01 | ||
| Eric Sprunk | corporate director | 2022-01 | ||
| Gregory Hoffman | corporate officer | 2023-09 | ||
| Isiaah Crawford | corporate director | 2014-01 | ||
| James Martin | corporate officer | 2023-01 | ||
| Karin Dufault | corporate director | 2025-01 | ||
| Kenneth Haslam | w-2 managing employee | 2025-01 | ||
| Linda Buck | corporate director | 2025-01 | ||
| Marvin O'quinn | corporate director | 2024-01 | ||
| Mary Beth Kingston | corporate director | 2022-09 | ||
| Mary Lyons | corporate director | 2016-07 | ||
| Melissa Damm | w-2 managing employee | 2016-07 | ||
| Michael King | w-2 managing employee | 2025-01 | ||
| Michael Murphy | corporate director | 2020-01 | ||
| Phyllis Hughes | corporate director | 2014-01 | ||
| Providence Health & Services | other | 2016-07 | ||
| Providence Health & Services - Washington | operational/managerial control | 2010-11 | chain | |
| Providence St. Joseph Health | other | 2016-07 | ||
| Richard Blair | corporate director | 2016-07 |
Showing 25 of 26. Full list via /api/targets/380037.
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 OR
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 |
|---|---|---|---|---|
| 2023-12-15 | Peacehealth | Peacehealth | Shmc-Riverbend | 354 |
| 2018-05-01 | Asante Ashland Community Hospital Llc | Ashland Community Healthcare Services | Ashland Community Hospital | 41 |