dealflow
envelope $200M

← Targets

Salem Health West Valley

Dallas, Polk County, OR · CCN 381308
Licensed to Salem Health West Valley

Composite
32.6
rank score
Distress
20
FY2024
Fit
59
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • under 30 days cash on hand
  • urban — higher occupancy and iteration surface
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$92.0M
Operating margin 33.0%
Total margin 37.7%
Days cash on hand 3
Current ratio 7.92
Occupancy96%

Facility

Beds25
Facility typeCAH
Settingurban
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 25 $35.6M $8.6M 3.7% 20.1% 5 7.57 21% 141 31
2022 25 $47.0M $12.4M 15.6% 23.8% 3 7.25 26% 23 31
2023 39 $74.2M $20.2M 20.4% 25.5% 63 1.36 54% 34 16
2024 25 $92.0M $37.4M 33.0% 37.7% 3 7.92 96% 37 20

Owners

OwnerRole%SinceType
Salem Health Hospitals And Clinics
Salem, OR
5% or greater direct ownership interest 100 2007-12
Alan Wynn corporate director 2005-10
Angelica Vega corporate director 2022-01
Camille Mercier corporate director 2025-05
Carla Reilly w-2 managing employee 2023-01
James Parr corporate officer 2014-11
James Parr w-2 managing employee 2014-11
Jennifer Columbus corporate director 2020-01
John Combes corporate director 2016-01
Katherine Keene corporate director 2002-12
Lane Shetterly corporate director 2002-12
Mark Zook corporate director 2020-01
Phillip Jackson corporate director 2018-01
Ricardo Linares corporate director 2017-01
Robert Kelly corporate director 2014-10
Salem Health Hospitals And Clinics
Salem, OR
operational/managerial control 2007-12
Theresa Haskins corporate director 2005-10

Ownership changes

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