Kane County Hospital
Kanab, Kane County, UT
· CCN 461309
Licensed to Kane County Human Resource Special Service District
Composite
34.6
rank score
Distress
27
FY2023
Fit
56
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- occupancy 45-60%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $14.4M |
| Operating margin | -28.7% |
| Total margin | 16.1% |
| Days cash on hand | 572 |
| Current ratio | 17.63 |
| Occupancy | 56% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $8.7M | $617K | -40.9% | 4.8% | 503 | -3.98 | 53% | 184 | 43 |
| 2021 | 25 | $12.4M | $5.4M | -12.6% | 28.1% | 598 | 17.81 | 59% | 175 | 30 |
| 2022 | 25 | $13.4M | $3.9M | -15.6% | 20.2% | 615 | 17.45 | 61% | 138 | 28 |
| 2023 | 25 | $14.4M | $3.5M | -28.7% | 16.1% | 572 | 17.63 | 56% | 118 | 27 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Kane County Human Resource Special Service District | 5% or greater direct ownership interest | 100 | 1989-09 | |
| Kane County Human Resource Special Service District | operational/managerial control | 100 | 1989-09 | |
| Kurt Loveless | corporate officer | 100 | 2021-10 | |
| Kurt Loveless | w-2 managing employee | 100 | 2021-10 | |
| Deborah Gillespie | operational/managerial control | 2021-10 | ||
| Stephen Howells | corporate officer | 2021-10 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.