Park City Hospital
dba Intermountain Health Park City Hospital ·
Park City Hospital, Summit County, UT
· CCN 460057
Licensed to Ihc Health Services Inc
Composite
36.5
rank score
Distress
28
FY2023
Fit
55
vs thesis
Estimated ticket
$3.7M–$7.4M
37 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
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $133M |
| Operating margin | 14.6% |
| Total margin | 17.5% |
| Days cash on hand | 0 |
| Current ratio | 17.65 |
| Occupancy | 22% |
Facility
| Beds | 37 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 37 | $102M | $16.4M | 8.3% | 14.9% | 0 | 13.13 | 29% | 1,501 | 31 |
| 2021 | 37 | $118M | $23.3M | 17.4% | 19.2% | 0 | 6.70 | 30% | 1,528 | 31 |
| 2022 | 37 | $121M | $20.8M | 13.7% | 16.6% | 0 | 6.27 | 26% | 1,406 | 31 |
| 2023 | 37 | $133M | $24.1M | 14.6% | 17.5% | 0 | 17.65 | 22% | 1,213 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ihc Health Services Inc | 5% or greater direct ownership interest | 100 | 1970-01 | chain |
| Alan Pruhs | corporate director | 2025-06 | ||
| Ben Robinson | corporate director | 2025-06 | ||
| Benjamin Nelson | corporate director | 2025-06 | ||
| 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 | ||
| Jodi Clouse | corporate officer | 2021-09 | ||
| Jodi Clouse | w-2 managing employee | 2021-09 | ||
| Lori Weston | corporate officer | 2021-07 | ||
| Matt Packard | corporate director | 2016-07 | ||
| Patricia Ravert | corporate director | 2016-10 | ||
| Patricia Ricks | corporate director | 2024-06 | ||
| Robert Allen | corporate director | 1970-01 | ||
| Robert Allen | operational/managerial control | 1970-01 | ||
| 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 |