dealflow
envelope $200M

← Targets

Utah Valley Specialty Hospital

Provo, Utah County, UT · CCN 462005
Licensed to Utah Valley Specialty Hospital Inc

Composite
70.0
rank score
Distress
85
FY2024
Fit
63
vs thesis
Estimated ticket
$3.8M–$15.1M
18 beds · within envelope
Ownership
for-profit
PE 6y

Why it ranks here

  • operating margin -10% to -5%
  • total margin -8% to -3%
  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • occupancy 45-60%
  • margin deteriorating sharply
  • PE-owned 6 years — approaching exit window
  • urban — higher occupancy and iteration surface
  • LTCH — distress here is a payment-model artifact
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • moderate occupancy
  • for-profit — no charitable conversion review

Latest financials · FY2024

Net patient revenue$14.6M
Operating margin -7.9%
Total margin -7.2%
Days cash on hand 3
Current ratio 0.02
Occupancy55%

Facility

Beds18
Facility typeLTCH
Settingurban
Ownership classfor-profit
Per-bed (low) $210K
Per-bed (high) $840K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 40 $15.9M $775K -0.2% 4.6% 4 0.01 69% 343 62
2022 40 $14.0M $-606K -7.8% -4.2% 9 0.01 57% 281 83
2023 40 $14.1M $-1.0M -8.8% -7.2% 0 0.01 57% 279 83
2024 18 $14.6M $-1.1M -7.9% -7.2% 3 0.02 55% 212 85

Owners

OwnerRole%SinceType
Epoch Acquisition Inc
New York, NY
5% or greater indirect ownership interest 100 2018-10
Epoch Midco, Inc
New York, NY
5% or greater indirect ownership interest 100 2018-10
Epoch Parent Holdings Llc
New York, NY
5% or greater indirect ownership interest 100 2018-10
Epoch Parent Inc
New York, NY
5% or greater indirect ownership interest 100 2018-10
Ernest Health Holdings Llc
Mesquite, TX
5% or greater indirect ownership interest 100 2012-02
Ernest Health, Inc
Mesquite, TX
5% or greater direct ownership interest 100 2005-11
Capital One Na
Mc Lean, VA
5% or greater security interest 59 2018-10
One Equity Partners Vii Lp
New York, NY
5% or greater indirect ownership interest 58 2018-10 PE
Mpt Of Provo, Llc
Vestavia, AL
5% or greater security interest 41 2019-01
One Equity Partners Vii-A Lp
New York, NY
5% or greater indirect ownership interest 30 2018-10 PE
One Equity Partners Vii-B Lp
New York, NY
5% or greater indirect ownership interest 12 2018-10 PE
Bradley Dinkel w-2 managing employee 2025-10
Caleb Reed corporate officer 2023-06
Denise Kann corporate officer 2023-06
Ernest Health, Inc
Mesquite, TX
other 2023-06
Eudora Cannon corporate officer 2023-06
Eudora Cannon other 2023-06
Jacob Socha corporate officer 2023-06

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.

DateBuyerSellerHospitalBeds
2024-05-19 Salt Lake Specialty Hospital Inc Kpc Promise Hospital Of Salt Lake, Llc Kpc Promise Hospital Of Salt Lake 38