Highland Ridge Hospital
Midvale, Salt Lake County, UT · CCN 464015
Composite
54.9
rank score
Distress
42
FY2023
Fit
90
vs thesis
Estimated ticket
$18.4M–$73.7M
67 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- 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 | $17.4M |
| Operating margin | 2.4% |
| Total margin | 2.4% |
| Days cash on hand | 0 |
| Current ratio | -3.75 |
| Occupancy | 67% |
Facility
| Beds | 67 |
| 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 | 67 | $11.6M | $-1.8M | -15.9% | -15.5% | 0 | 1.10 | 53% | 1,448 | 83 |
| 2021 | 67 | $13.7M | $-1.2M | -8.9% | -8.7% | 0 | 1.88 | 61% | 1,694 | 72 |
| 2022 | 67 | $13.6M | $-1.8M | -13.2% | -13.0% | 0 | 1.16 | 66% | 1,787 | 81 |
| 2023 | 67 | $17.4M | $424K | 2.4% | 2.4% | 0 | -3.75 | 67% | 1,707 | 42 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.