dealflow
envelope $200M

← Targets

Peace Harbor Hospital

dba Peace Harbor Medical Center · Florence, Lane County, OR · CCN 381316
Licensed to Peacehealth

Composite
31.1
rank score
Distress
31
FY2024
Fit
43
vs thesis
Estimated ticket
$1.8M–$3.6M
21 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin under 2%
  • occupancy 45-60%
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$109M
Operating margin 1.6%
Total margin 5.7%
Days cash on hand
Current ratio
Occupancy46%

Facility

Beds21
Facility typeCAH
Settingrural
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 21 $92.1M $10.5M 6.2% 10.8% 35% 848 10
2022 21 $97.6M $3.5M 1.0% 3.5% 41% 827 23
2023 21 $96.6M $-2.5M -5.5% -2.5% 39% 816 67
2024 21 $109M $6.6M 1.6% 5.7% 46% 1,011 31

Owners

OwnerRole%SinceType
Peacehealth
Vancouver, WA
5% or greater direct ownership interest 100 2007-11
Peacehealth
Vancouver, WA
operational/managerial control 100 2007-11
Andrea Nenzel corporate director 2015-07
Arthur Springer Ii corporate officer 2025-11
Carolyn Aaron corporate director 2021-01
Charlotte Davenport corporate director 2016-07
Danny Hollingshead corporate director 2017-06
Deleesa Meashintubby corporate director 2023-06
Donna King corporate director 2019-07
Ione Adams corporate director 2024-07
Karl Carrier corporate director 2016-07
Kathleen Pruitt corporate director 2015-07
Leonard Kearney corporate director 2011-01
Linda Jackson w-2 managing employee 2023-07
Lorraine Arvin corporate director 2024-07
Mary Mcwilliams corporate director 2021-09
Richard Magnuson corporate officer 2025-06
Richard Wollenberg corporate director 2014-01
Sarah Ness corporate officer 2026-01
Sheila Lemieux corporate director 2024-09
Thomas Karnes corporate officer 2023-01
Timothy Ackman corporate director 2017-07

Ownership changes

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