dealflow
envelope $200M

← Targets

Central Valley Medical Center

Nephi, Juab County, UT · CCN 461304
Licensed to Central Valley Medical Center

Composite
25.7
rank score
Distress
9
FY2024
Fit
54
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • 90-150 days cash on hand
  • occupancy 30-45%
  • 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$74.1M
Operating margin 12.9%
Total margin 11.6%
Days cash on hand 129
Current ratio 7.36
Occupancy36%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 25 $46.5M $3.2M 1.0% 6.3% 258 2.61 39% 742 12
2022 25 $55.5M $4.3M 6.2% 7.4% 172 5.22 39% 737 6
2023 25 $60.7M $2.2M 4.3% 3.6% 90 6.98 30% 510 19
2024 25 $74.1M $8.8M 12.9% 11.6% 129 7.36 36% 632 9

Owners

OwnerRole%SinceType
Alan Kenison corporate director 2010-12
Central Valley Medical Center
Nephi, UT
operational/managerial control 1985-01
Mark Chase corporate director 2010-12
Mark Chase other 2010-12
Mark Stoddard contracted managing employee 1985-01
Mark Stoddard corporate officer 1985-01
Wendell Davis contracted managing employee 2003-08
Wendell Davis corporate officer 2003-08

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.