dealflow
envelope $200M

← Targets

Gunnison Valley Hospital

Gunnison, Sanpete County, UT · CCN 461306
Licensed to Gunnison Valley Hospital

Composite
26.9
rank score
Distress
18
FY2024
Fit
47
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • 90-150 days cash on hand
  • occupancy below 30%
  • margin deteriorating
  • 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
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$139M
Operating margin 2.1%
Total margin 6.6%
Days cash on hand 147
Current ratio 2.36
Occupancy28%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classgovernment
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 $119M $12.8M -1.9% 9.5% 85 2.13 31% 655 31
2022 25 $133M $6.1M -0.7% 4.4% 92 2.02 31% 744 26
2023 25 $130M $147K -6.4% 0.1% 109 2.06 26% 588 39
2024 25 $139M $9.6M 2.1% 6.6% 147 2.36 28% 453 18

Owners

OwnerRole%SinceType
Gunnison Valley Hospital
Gunnison, UT
5% or greater direct ownership interest 100 1993-10
Brenda Bartholomew corporate officer 1997-08
Brenda Bartholomew corporate director 1997-08
Brenda Bartholomew w-2 managing employee 1997-08
Brian Murray corporate officer 1997-09
Brian Murray corporate director 1997-09
Brian Murray w-2 managing employee 1997-09
Mark Dalley corporate officer 2011-08
Mark Dalley w-2 managing employee 2011-08
Mark Dalley operational/managerial control 2011-08
Skylah Williams w-2 managing employee 2014-02

Ownership changes

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