Castleview Hospital
Price, Carbon County, UT
· CCN 460011
Licensed to Castleview Hospital Llc
Composite
37.4
rank score
Distress
28
FY2023
Fit
62
vs thesis
Estimated ticket
$3.9M–$7.8M
39 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- occupancy 30-45%
- margin slipping
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $97.4M |
| Operating margin | 23.9% |
| Total margin | 24.6% |
| Days cash on hand | 0 |
| Current ratio | 2.82 |
| Occupancy | 31% |
Facility
| Beds | 39 |
| Facility type | STH |
| Setting | rural |
| Ownership class | for-profit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 39 | $71.4M | $19.6M | 18.3% | 25.1% | 0 | 0.96 | 31% | 1,527 | 37 |
| 2021 | 39 | $85.1M | $18.7M | 21.2% | 21.8% | 0 | 2.47 | 35% | 1,678 | 28 |
| 2022 | 39 | $84.5M | $18.7M | 21.5% | 22.0% | 0 | 2.47 | 30% | 1,304 | 28 |
| 2023 | 39 | $97.4M | $24.2M | 23.9% | 24.6% | 0 | 2.82 | 31% | 1,368 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Castleview Medical, Llc | 5% or greater direct ownership interest | 100 | 1999-02 | |
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 100 | 2018-11 | |
| Historic Lifepoint Hospitals, Llc | 5% or greater indirect ownership interest | 100 | 1999-05 | |
| Legacy Lifepoint Health Llc | 5% or greater indirect ownership interest | 100 | 2005-04 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 100 | 2018-11 | |
| Lifepoint Hospitals Holdings Llc | 5% or greater indirect ownership interest | 100 | 1999-05 | |
| Charlotte Lawrence | corporate officer | 2022-04 | ||
| Christopher Monte | corporate officer | 2006-01 | ||
| Elliott Brown | corporate officer | 2026-04 | ||
| Lifepoint Corporate Services General Partnership | operational/managerial control | 2005-04 | ||
| Marcus Poppell | corporate officer | 2009-11 | ||
| Mark Holyoak | operational/managerial control | 2025-03 | ||
| Samuel Barrett | corporate officer | 2026-02 | ||
| William Ziesmer | corporate officer | 2024-02 |
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 |