dealflow
envelope $200M

← Targets

Lower Umpqua Hospital

Reedsport, Douglas County, OR · CCN 381311
Licensed to Lower Umpqua Hospital District

Composite
37.9
rank score
Distress
53
FY2024
Fit
35
vs thesis
Estimated ticket
$1.2M–$2.3M
16 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin below -10%
  • under 30 days cash on hand
  • occupancy 30-45%
  • margin slipping
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$31.6M
Operating margin -27.4%
Total margin 6.8%
Days cash on hand 15
Current ratio 2.66
Occupancy33%

Facility

Beds16
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $72.2K
Per-bed (high) $144K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 16 $24.0M $2.7M -34.8% 7.7% 117 5.04 19% 234 41
2022 16 $27.8M $1.7M -28.6% 4.6% 74 4.29 29% 283 47
2023 16 $27.9M $-3.0M -32.7% -8.8% 39 2.87 30% 267 67
2024 16 $31.6M $2.9M -27.4% 6.8% 15 2.66 33% 236 53

Owners

OwnerRole%SinceType
Cheryl Young corporate director 2013-04
Elise Dumo corporate officer 2026-03
Jennifer Green corporate officer 2026-06
Jennifer Green w-2 managing employee 2026-06
Johnathon Chivers corporate officer 2021-09
Johnathon Chivers w-2 managing employee 2021-09
Lee Bridge corporate director 2013-08
Lower Umpqua Hospital District
Reedsport, OR
operational/managerial control 1966-01
Ronald Kreskey corporate director 2015-05

Ownership changes

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