Santiam Memorial Hospital
Stayton, Marion County, OR
· CCN 380056
Licensed to Santiam Memorial Hospital
Composite
55.9
rank score
Distress
69
FY2023
Fit
62
vs thesis
Estimated ticket
$17.0M–$68.0M
40 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- 30-60 days cash on hand
- occupancy below 30%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- small but workable bed count
- ticket size somewhat below the envelope
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $91.1M |
| Operating margin | -22.1% |
| Total margin | -5.6% |
| Days cash on hand | 34 |
| Current ratio | 1.56 |
| Occupancy | 25% |
Facility
| Beds | 40 |
| 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 | 40 | $62.1M | $10.2M | -7.8% | 13.2% | 137 | 2.04 | 23% | 1,012 | 36 |
| 2021 | 40 | $79.4M | $11.2M | -5.7% | 11.8% | 102 | 3.41 | 26% | 1,005 | 36 |
| 2022 | 40 | $84.5M | $-157K | -13.9% | -0.2% | 80 | 2.32 | 23% | 887 | 54 |
| 2023 | 40 | $91.1M | $-5.9M | -22.1% | -5.6% | 34 | 1.56 | 25% | 1,005 | 69 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ed Diehl | corporate director | 11 | 2017-04 | |
| Emily Newton | corporate director | 11 | 2026-02 | |
| Genny Baldwin | corporate director | 11 | 2021-01 | |
| James Bayuk | corporate director | 11 | 2026-02 | |
| Pamela Ray | corporate director | 11 | 2019-06 | |
| Silvia Hernandez | corporate director | 11 | 2023-02 | |
| Cassondra Posvar Martinez | corporate officer | 2025-04 | ||
| Cassondra Posvar Martinez | w-2 managing employee | 2021-01 | ||
| Debbie Turrell | corporate officer | 2025-04 | ||
| Margaret Hudson | corporate officer | 1993-01 | ||
| Margaret Hudson | w-2 managing employee | 1993-01 | ||
| Maryann Meredith | corporate director | 1998-06 | ||
| Melissa Baurer | corporate officer | 2025-04 | ||
| Mike Odenthal | corporate director | 1979-03 | ||
| Rachael Seeder | corporate officer | 2020-12 | ||
| Steven Vets | corporate officer | 2021-01 | ||
| Tiffanie Pye | corporate officer | 2023-10 | ||
| Tiffanie Pye | w-2 managing employee | 2023-10 | ||
| Victor Kintz | corporate director | 2003-05 |
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 |