Bear River Valley Hospital
dba Intermountain Health Bear River Valley Hospital ·
Tremonton, Box Elder County, UT
· CCN 460039
Licensed to Ihc Health Services Inc
Composite
37.7
rank score
Distress
28
FY2023
Fit
58
vs thesis
Estimated ticket
$8.0M–$32.0M
16 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- occupancy below 30%
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- very small facility
- small ticket — deploys little of the available capital
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $38.1M |
| Operating margin | 14.4% |
| Total margin | 16.4% |
| Days cash on hand | 0 |
| Current ratio | 10.47 |
| Occupancy | 13% |
Facility
| Beds | 16 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 16 | $27.0M | $1.6M | -2.0% | 5.4% | 0 | 9.96 | 13% | 326 | 47 |
| 2021 | 14 | $34.4M | $5.8M | 14.5% | 16.5% | 0 | 11.30 | 20% | 435 | 31 |
| 2022 | 16 | $34.2M | $4.5M | 9.5% | 12.7% | 0 | 8.13 | 16% | 400 | 31 |
| 2023 | 16 | $38.1M | $6.4M | 14.4% | 16.4% | 0 | 10.47 | 13% | 339 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alan Pruhs | corporate director | 2025-06 | ||
| Ben Robinson | corporate director | 2025-06 | ||
| Benjamin Nelson | corporate director | 2025-06 | ||
| Brandon Vonk | corporate officer | 2018-04 | ||
| Brandon Vonk | w-2 managing employee | 2018-04 | ||
| David Utrilla | corporate director | 2025-06 | ||
| Deirdra Walsh | corporate director | 2023-06 | ||
| Denis Smith | corporate officer | 2022-04 | ||
| Elizabeth Owens | corporate director | 2024-06 | ||
| Eric Liston | corporate director | 2026-01 | ||
| Ihc Health Services Inc | 5% or greater direct ownership interest | 1995-07 | chain | |
| Matt Packard | corporate director | 2016-07 | ||
| Patricia Ravert | corporate director | 2016-10 | ||
| Patricia Ricks | corporate director | 2024-06 | ||
| Robert Allen | corporate director | 2022-12 | ||
| Robert Pettitt | corporate director | 2023-06 | ||
| Robert Spendlove | corporate director | 2024-06 | ||
| Shannon Baker | corporate director | 2024-06 | ||
| Troy Spring | corporate officer | 2015-02 | ||
| William Caine | corporate director | 2023-06 | ||
| William Hulterstrom | corporate director | 2023-06 | ||
| Ze Min Xiao | corporate director | 2025-06 |
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 |