Providence Willamette Falls Med Ctr
dba Providence Willamette Falls Medical Center ·
Oregon City, Clackamas County, OR
· CCN 380038
Licensed to Providence Health & Services - Oregon
Composite
56.4
rank score
Distress
56
FY2023
Fit
78
vs thesis
Estimated ticket
$42.9M–$172M
101 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- 30-60 days cash on hand
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $191M |
| Operating margin | -7.7% |
| Total margin | -4.1% |
| Days cash on hand | 57 |
| Current ratio | 5.35 |
| Occupancy | 65% |
Facility
| Beds | 101 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 108 | $126M | $7.8M | -4.8% | 5.6% | 1 | 1.82 | 44% | 3,692 | 43 |
| 2021 | 109 | $139M | $-447K | -4.9% | -0.3% | 1 | 1.69 | 52% | 3,867 | 48 |
| 2022 | 108 | $158M | $-13.8M | -11.5% | -8.5% | 2 | 1.64 | 62% | 4,492 | 67 |
| 2023 | 101 | $191M | $-8.1M | -7.7% | -4.1% | 57 | 5.35 | 65% | 4,698 | 56 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Anna Newsom | corporate officer | 2022-05 | ||
| Brad Henry | w-2 managing employee | 2021-04 | ||
| Charles Sorenson | corporate director | 2019-01 | ||
| Diane Hejna | corporate director | 2016-07 | ||
| Donald Anderson | corporate officer | 2023-09 | ||
| Donna Markham | corporate director | 2024-01 | ||
| Eric Sprunk | corporate director | 2022-01 | ||
| Erik Wexler | corporate officer | 2023-01 | ||
| Gregory Hoffman | corporate officer | 2023-01 | ||
| Isiaah Crawford | corporate director | 2012-02 | ||
| James Martin | corporate officer | 2023-01 | ||
| Karin Dufault | corporate director | 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 | 2009-10 | ||
| Providence Health & Services-Oregon | 5% or greater direct ownership interest | 2009-10 | ||
| Providence St. Joseph Health | other | 2016-07 | ||
| Richard Blair | corporate director | 2016-07 |
Showing 25 of 26. Full list via /api/targets/380038.
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 |