Uintah Basin Medical Center
Roosevelt, Duchesne County, UT
· CCN 460019
Licensed to Uintah Basin Medical Center
Composite
30.4
rank score
Distress
15
FY2024
Fit
59
vs thesis
Estimated ticket
$3.2M–$6.4M
32 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- 90-150 days cash on hand
- occupancy 30-45%
- margin deteriorating
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $140M |
| Operating margin | 5.7% |
| Total margin | 8.5% |
| Days cash on hand | 133 |
| Current ratio | 7.75 |
| Occupancy | 37% |
Facility
| Beds | 32 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | 32 | $98.6M | $13.5M | 5.3% | 12.6% | 156 | 9.13 | 36% | 1,390 | 6 |
| 2022 | 33 | $112M | $8.8M | 5.9% | 7.7% | 160 | 8.60 | 37% | 1,396 | 6 |
| 2023 | 33 | $120M | $5.6M | 1.8% | 4.6% | 111 | 8.51 | 30% | 1,277 | 20 |
| 2024 | 32 | $140M | $12.2M | 5.7% | 8.5% | 133 | 7.75 | 37% | 1,474 | 15 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bobby Richardson | corporate officer | 2014-10 | ||
| Brent Hales | corporate officer | 2010-08 | ||
| James Marshall | corporate officer | 2014-10 | ||
| James Marshall | w-2 managing employee | 2014-10 | ||
| Preston Marx | corporate officer | 2014-10 | ||
| Randall Bennett | corporate officer | 2014-10 | ||
| Roger Burton | corporate officer | 2014-10 | ||
| Roger Marett | corporate officer | 2014-10 | ||
| Shelley Fenn | corporate director | 2024-01 | ||
| Tim Negus | corporate director | 2024-01 | ||
| Tyler Allred | corporate director | 2015-01 | ||
| Tyler Rasmussen | corporate director | 2015-01 |
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 |