Aspen Grove Behavioral Hospital
Orem, Utah County, UT
· CCN 464014
Licensed to Uhs Of Provo Canyon Inc
Composite
52.3
rank score
Distress
32
FY2023
Fit
90
vs thesis
Estimated ticket
$22.0M–$88.0M
80 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $22.2M |
| Operating margin | 19.2% |
| Total margin | 19.4% |
| Days cash on hand | 0 |
| Current ratio | -0.21 |
| Occupancy | 74% |
Facility
| Beds | 80 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $275K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 80 | $16.3M | $2.1M | 10.3% | 12.8% | 0 | -0.05 | 61% | 2,033 | 36 |
| 2021 | 80 | $44.1M | $28.5M | 64.6% | 64.6% | 0 | -0.13 | 70% | 2,420 | 36 |
| 2022 | 80 | $21.2M | $4.4M | 20.6% | 20.8% | 0 | -0.17 | 74% | 2,573 | 36 |
| 2023 | 80 | $22.2M | $4.3M | 19.2% | 19.4% | 0 | -0.21 | 74% | 2,573 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cheryl Ramagano | corporate officer | 100 | 2011-08 | |
| George Brunner | corporate officer | 100 | 2011-08 | |
| Jeremy Cottle | contracted managing employee | 100 | 2011-08 | |
| Jeremy Cottle | corporate officer | 100 | 2011-08 | |
| Katharine Lyver | corporate officer | 100 | 2024-01 | |
| Matthew Klein | corporate officer | 100 | 2011-08 | |
| Steve Filton | corporate officer | 100 | 2011-08 | |
| Steve Filton | operational/managerial control | 100 | 2011-08 | |
| Thomas Day | corporate officer | 100 | 2021-07 | |
| Alan Miller | 5% or greater indirect ownership interest | 87 | 2024-03 | |
| James Coleman | contracted managing employee | 50 | 2011-08 | |
| Matthew Klein | corporate director | 33 | 2011-08 | |
| Steve Filton | corporate director | 33 | 2011-08 | |
| Thomas Day | corporate director | 33 | 2021-07 | |
| Tafton Weight | contracted managing employee | 2026-04 | ||
| Tafton Weight | corporate officer | 2026-04 | ||
| Uhs Of Delaware Inc | operational/managerial control | 2000-06 | chain | |
| Universal Health Services Inc | 5% or greater direct ownership interest | 2011-08 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.