dealflow
envelope $200M

← Targets

Willamette Valley Medical Center

Mcminnville, OR · CCN 380071
Licensed to Willamette Valley Medical Center Llc

Composite
63.4
rank score
Distress
75
FY2023
Fit
74
vs thesis
Estimated ticket
$17.5M–$70.0M
50 beds · within envelope
Ownership
for-profit
STH

Why it ranks here

  • operating margin -10% to -5%
  • total margin -8% to -3%
  • under 30 days cash on hand
  • current ratio below 0.8
  • occupancy 45-60%
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size somewhat below the envelope
  • moderate occupancy
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$114M
Operating margin -7.9%
Total margin -6.8%
Days cash on hand 0
Current ratio 0.19
Occupancy48%

Facility

Beds50
Facility typeSTH
Settingurban
Ownership classfor-profit
Per-bed (low) $350K
Per-bed (high) $1.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 50 $100M $-590K -2.4% -0.6% 0 0.85 48% 2,628 57
2021 50 $114M $5.9M 3.3% 5.1% 0 0.72 57% 2,756 38
2022 50 $110M $-5.3M -6.1% -4.8% 0 0.19 53% 2,557 72
2023 50 $114M $-7.8M -7.9% -6.8% 0 0.19 48% 2,584 75

Owners

OwnerRole%SinceType
Capella Health Holdings Llc
Brentwood, TN
5% or greater indirect ownership interest 100 2015-08
Capella Healthcare Llc
Brentwood, TN
5% or greater indirect ownership interest 100 2008-03
Capella Holdings Llc
Brentwood, TN
5% or greater indirect ownership interest 100 2008-03
Dsb Acquisition Llc
New York, NY
5% or greater indirect ownership interest 100 2016-05
Lifepoint Health Inc
Brentwood, TN
5% or greater indirect ownership interest 100 2018-11
Lima Holdco Llc
Brentwood, TN
5% or greater indirect ownership interest 100 2021-12
Oregon Healthcorp, Llc
Brentwood, TN
5% or greater direct ownership interest 100 2008-03
Charlotte Lawrence corporate officer 2022-01
Christopher Monte corporate officer 2018-11
Dewane Pace w-2 managing employee 2024-02
Elliott Brown corporate officer 2026-04
Marcus Poppell corporate officer 2018-11
Samuel Barrett corporate officer 2026-02
William Ziesmer corporate officer 2024-02

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.

DateBuyerSellerHospitalBeds
2023-12-15 Peacehealth Peacehealth Shmc-Riverbend 354
2018-05-01 Asante Ashland Community Hospital Llc Ashland Community Healthcare Services Ashland Community Hospital 41