Blue Mountain Hospital
Blanding, San Juan County County, UT
· CCN 461310
Licensed to Blue Mountain Hospital
Composite
32.8
rank score
Distress
31
FY2023
Fit
47
vs thesis
Estimated ticket
$935K–$1.9M
11 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin negative
- 60-90 days cash on hand
- occupancy 30-45%
- margin slipping
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $19.0M |
| Operating margin | -3.5% |
| Total margin | 4.8% |
| Days cash on hand | 60 |
| Current ratio | 2.88 |
| Occupancy | 35% |
Facility
| Beds | 11 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | 11 | $13.3M | $979K | -12.2% | 6.2% | 280 | 1.34 | 36% | 456 | 41 |
| 2021 | 11 | $15.1M | $2.6M | -10.5% | 13.6% | 187 | 1.68 | 35% | 377 | 33 |
| 2022 | 11 | $16.6M | $547K | -2.3% | 3.1% | 135 | 3.52 | 36% | 376 | 26 |
| 2023 | 11 | $19.0M | $999K | -3.5% | 4.8% | 60 | 2.88 | 35% | 385 | 31 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cari Spillman | corporate officer | 2025-08 | ||
| Denise Arthur | w-2 managing employee | 2015-01 | ||
| Gloria Begaye | corporate director | 2009-01 | ||
| Jeremy Lyman | corporate officer | 2014-01 | ||
| Wilfred Jones | corporate director | 2008-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.