Coquille Valley Hospital
Coquille, Coos County, OR
· CCN 381312
Licensed to Coquille Valley Hospital District
Composite
33.6
rank score
Distress
47
FY2024
Fit
31
vs thesis
Estimated ticket
$1.4M–$2.9M
17 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- 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 | $37.9M |
| Operating margin | -10.8% |
| Total margin | 2.7% |
| Days cash on hand | 141 |
| Current ratio | 6.87 |
| Occupancy | 28% |
Facility
| Beds | 17 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| 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 | 17 | $26.7M | $4.9M | -15.2% | 13.7% | 224 | 5.83 | 30% | 356 | 33 |
| 2022 | 17 | $28.8M | $1.2M | -17.1% | 3.5% | 200 | 7.49 | 26% | 292 | 37 |
| 2023 | 17 | $32.1M | $-1.3M | -21.9% | -3.5% | 154 | 6.69 | 26% | 297 | 49 |
| 2024 | 17 | $37.9M | $1.2M | -10.8% | 2.7% | 141 | 6.87 | 28% | 438 | 47 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Coquille Valley Hospital District | 5% or greater direct ownership interest | 100 | 1987-12 | |
| Coquille Valley Hospital District | 5% or greater mortgage interest | 100 | 1967-12 | |
| Coquille Valley Hospital District | 5% or greater security interest | 100 | 1967-12 | |
| Coquille Valley Hospital District | operational/managerial control | 100 | 1967-12 | |
| Doughery Mortgage Llc | 5% or greater mortgage interest | 52 | 2010-12 | |
| Colleen Todd | corporate director | 2016-04 | ||
| Daniel Mast | corporate director | 2007-05 | ||
| James Sinnott | corporate director | 1996-09 | ||
| Jeffrey Lang | corporate director | 2017-09 | ||
| Mark Libby | corporate director | 2023-05 | ||
| Michele Erickson | w-2 managing employee | 2015-09 | ||
| Natasha Roby | w-2 managing employee | 2020-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.