U Of U Hospitals & Clinics
dba University Of Utah Hospitals And Clinics ·
Salt Lake City, Salt Lake County County, UT
· CCN 460009
Licensed to University Of Utah
Composite
35.2
rank score
Distress
16
FY2024
Fit
70
vs thesis
Estimated ticket
$64.0M–$128M
640 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin under 2%
- 90-150 days cash on hand
- margin deteriorating
- rural — cheaper but limited density
- very large — likely out of range
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $3.1B |
| Operating margin | 1.6% |
| Total margin | 8.2% |
| Days cash on hand | 123 |
| Current ratio | 3.94 |
| Occupancy | 84% |
Facility
| Beds | 640 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 589 | $2.4B | $291M | 1.0% | 11.0% | 126 | 2.60 | 80% | 32,742 | 11 |
| 2022 | 585 | $2.6B | $230M | -0.4% | 8.2% | 101 | 2.91 | 86% | 34,037 | 20 |
| 2023 | 616 | $2.7B | $143M | -1.8% | 4.9% | 122 | 3.96 | 85% | 36,141 | 20 |
| 2024 | 640 | $3.1B | $272M | 1.6% | 8.2% | 123 | 3.94 | 84% | 37,270 | 16 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bob Carter | w-2 managing employee | 2025-02 | ||
| Charlton Park | corporate officer | 2021-07 | ||
| Charlton Park | w-2 managing employee | 2009-01 | ||
| Charlton Park | operational/managerial control | 2021-07 | ||
| Daniel Lundergan | corporate officer | 2021-07 | ||
| Daniel Lundergan | w-2 managing employee | 1974-11 | ||
| Daniel Lundergan | operational/managerial control | 2021-07 | ||
| Joni Nebeker | w-2 managing employee | 1992-05 | ||
| University Of Utah | 5% or greater direct ownership interest | 1966-06 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
Who has been buying in UT
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2023-05-01 | Catholic Health Initiatives Colorado | Salt Lake Regional Medical Center Lp | Holy Cross Hospital - Salt Lake | 92 |
| 2023-05-01 | Catholic Health Initiatives Colorado | Jordan Valley Medical Center Lp | Holy Cross Hospital - Jordan Valley | 159 |
| 2023-05-01 | Catholic Health Initiatives Colorado | Davis Hospital & Medical Center Lp | Holy Cross Hospital - Davis | 110 |