Cottage Grove Community Hospital
dba Cottage Grove Community Medical Ct ·
Cottage Grove, Lane County, OR
· CCN 381301
Licensed to Peacehealth
Composite
28.7
rank score
Distress
26
FY2024
Fit
38
vs thesis
Estimated ticket
$1.2M–$2.4M
14 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- occupancy 30-45%
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $53.2M |
| Operating margin | 18.3% |
| Total margin | 21.4% |
| Days cash on hand | — |
| Current ratio | — |
| Occupancy | 38% |
Facility
| Beds | 14 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 14 | $52.0M | $17.4M | 32.3% | 33.0% | — | — | 36% | 228 | 10 |
| 2022 | 14 | $53.0M | $14.6M | 25.3% | 26.9% | — | — | 37% | 195 | 10 |
| 2023 | 14 | $49.0M | $9.6M | 15.8% | 18.9% | — | — | 36% | 247 | 10 |
| 2024 | 14 | $53.2M | $11.8M | 18.3% | 21.4% | — | — | 38% | 270 | 26 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Peacehealth | 5% or greater direct ownership interest | 100 | 1998-09 | chain |
| Andrea Nenzel | corporate director | 2015-07 | ||
| Arthur Springer Ii | corporate officer | 2025-11 | ||
| Carolyn Aaron | corporate director | 2021-01 | ||
| Charlotte Davenport | corporate director | 2016-07 | ||
| Danny Hollingshead | corporate director | 2017-06 | ||
| Deleesa Meashintubby | corporate director | 2023-06 | ||
| Donna King | corporate director | 2019-07 | ||
| Ione Adams | corporate director | 2024-07 | ||
| Kathleen Pruitt | corporate director | 2015-07 | ||
| Leonard Kearney | corporate director | 2011-01 | ||
| Linda Jackson | w-2 managing employee | 2023-07 | ||
| Lorraine Arvin | corporate director | 2024-07 | ||
| Mary Mcwilliams | corporate director | 2021-09 | ||
| Richard Magnuson | corporate officer | 2025-06 | ||
| Richard Wollenberg | corporate director | 2014-01 | ||
| Sarah Ness | corporate officer | 2026-01 | ||
| Sheila Lemieux | corporate director | 2024-09 | ||
| Thomas Karnes | corporate officer | 2023-01 | ||
| Timothy Ackman | corporate director | 2017-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.