dealflow
envelope $200M

← Targets

Blue Mountain Hospital District

John Day, Grant County, OR · CCN 381305
Licensed to Blue Mountain Hospital District

Composite
31.3
rank score
Distress
42
FY2024
Fit
31
vs thesis
Estimated ticket
$1.4M–$2.7M
16 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin -10% to -5%
  • 90-150 days cash on hand
  • occupancy below 30%
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$27.4M
Operating margin -8.1%
Total margin 14.0%
Days cash on hand 145
Current ratio 7.21
Occupancy28%

Facility

Beds16
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 16 $24.0M $7.1M -10.6% 19.2% 233 10.99 25% 194 37
2022 16 $27.0M $-1.1M -7.8% -3.6% 117 7.26 25% 202 48
2023 16 $27.9M $-1.1M -9.5% -3.1% 91 4.92 28% 239 48
2024 16 $27.4M $5.4M -8.1% 14.0% 145 7.21 28% 192 42

Owners

OwnerRole%SinceType
Ali Lenz w-2 managing employee 2024-02
Amy Kreger corporate director 2010-07
Barbara Oliver w-2 managing employee 2011-10
Blue Mountain Hospital District
John Day, OR
operational/managerial control 2010-07
Cameron Marlowe corporate officer 2022-07
Karla Averett corporate director 2015-01
Kristine Tanory corporate director 2024-02
Linda Ladd corporate director 2013-07
Lori Lane w-2 managing employee 2024-02
Nick Stiner corporate director 2019-07
Shawna Clark corporate director 2021-07
Tim Unterwegner corporate director 2024-02

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.