Ubh Of Oregon Lld D/ba Cedar Hills
dba Cedar Hills Hospital ·
Portland, Multnomah County, OR
· CCN 384012
Licensed to Ubh Of Oregon Llc
Composite
67.1
rank score
Distress
73
FY2023
Fit
81
vs thesis
Estimated ticket
$18.9M–$75.5M
98 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio below 0.8
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $31.4M |
| Operating margin | -7.8% |
| Total margin | -6.9% |
| Days cash on hand | 0 |
| Current ratio | 0.22 |
| Occupancy | 76% |
Facility
| Beds | 98 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $192K |
| Per-bed (high) | $770K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 98 | $27.5M | $3.2M | 9.0% | 11.3% | 0 | 0.11 | 80% | 3,068 | 36 |
| 2021 | 98 | $31.7M | $3.1M | 9.4% | 9.6% | 0 | 0.11 | 85% | 3,101 | 36 |
| 2022 | 98 | $32.5M | $997K | 3.0% | 3.1% | 0 | 0.16 | 80% | 4,340 | 36 |
| 2023 | 98 | $31.4M | $-2.2M | -7.8% | -6.9% | 0 | 0.22 | 76% | 3,107 | 73 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ascend Health Corporation | 5% or greater direct ownership interest | 100 | 2012-10 | |
| Cheryl Ramagano | corporate officer | 100 | 2012-10 | |
| George Brunner | corporate officer | 100 | 2012-10 | |
| Matthew Klein | corporate officer | 100 | 2012-10 | |
| Matthew Peterson | corporate officer | 100 | 2019-09 | |
| Matthew Peterson | operational/managerial control | 100 | 2019-09 | |
| Steve Filton | corporate officer | 100 | 2012-10 | |
| Steve Filton | operational/managerial control | 100 | 2012-10 | |
| Thomas Day | corporate officer | 100 | 2021-07 | |
| Uhs Of Delaware Inc | operational/managerial control | 100 | 2012-10 | chain |
| Universal Health Services Inc | 5% or greater indirect ownership interest | 100 | 2012-10 | |
| Alan Miller | 5% or greater indirect ownership interest | 86 | 2022-03 | |
| James Coleman | contracted managing employee | 50 | 2012-10 | |
| Matthew Peterson | corporate director | 33 | 2019-09 | |
| Steve Filton | corporate director | 33 | 2012-10 | |
| Thomas Day | corporate director | 33 | 2021-07 | |
| Katharine Lyver | corporate officer | 2024-01 | ||
| Todd Harrison | contracted managing employee | 2023-07 | ||
| Todd Harrison | corporate officer | 2023-07 | ||
| William Snyder | contracted managing employee | 2025-06 | ||
| William Snyder | corporate director | 2025-06 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.