dealflow
envelope $200M

← Targets

Wallowa County Health Care District

dba Wallowa Memorial Hospital · Enterprise, Wallowa County, OR · CCN 381306
Licensed to Wallowa County Health Care District

Composite
28.6
rank score
Distress
36
FY2024
Fit
31
vs thesis
Estimated ticket
$2.0M–$3.9M
23 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin negative
  • 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$37.6M
Operating margin -3.9%
Total margin 5.3%
Days cash on hand 125
Current ratio 4.65
Occupancy19%

Facility

Beds23
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 23 $28.9M $7.7M 1.6% 21.3% 149 5.18 26% 398 20
2022 23 $32.1M $2.8M -3.2% 7.7% 112 3.69 24% 386 29
2023 24 $34.3M $2.3M -4.0% 5.9% 111 4.81 23% 347 29
2024 23 $37.6M $2.2M -3.9% 5.3% 125 4.65 19% 325 36

Owners

OwnerRole%SinceType
Nicholas Lunde corporate director 20 2009-07
Susan Coleman corporate director 20 2011-07
Adrian Harguess corporate director 2022-11
Katherine Loftus corporate director 2007-11
Matthew Perren corporate officer 2023-11
Matthew Perren w-2 managing employee 2023-11
Nancy Crenshaw corporate director 2018-07
Wallowa County Health Care District
Enterprise, OR
operational/managerial control 2003-10

Ownership changes

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