dealflow
envelope $200M

← Targets

University Of Washington Med Ctr

dba University Of Washington Medical Center · Seattle, King County, WA · CCN 500008
Licensed to University Of Washington

Composite
36.4
rank score
Distress
20
FY2024
Fit
68
vs thesis
Estimated ticket
$61.7M–$123M
617 beds · within envelope
Ownership
government
STH

Why it ranks here

  • operating margin -10% to -5%
  • rural — cheaper but limited density
  • very large — likely out of range
  • ticket size uses the capital envelope well
  • strong occupancy — good iteration surface
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$2.3B
Operating margin -7.1%
Total margin 10.1%
Days cash on hand 166
Current ratio 3.87
Occupancy87%

Facility

Beds617
Facility typeSTH
Settingrural
Ownership classgovernment
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 585 $1.7B $151M -8.2% 7.9% 26 1.43 78% 28,617 52
2022 591 $1.8B $85.0M -6.6% 4.3% 7 1.34 87% 29,773 52
2023 592 $2.0B $106M -14.4% 4.7% 4 1.32 88% 31,250 58
2024 617 $2.3B $260M -7.1% 10.1% 166 3.87 87% 32,434 20

Owners

OwnerRole%SinceType
Cynthia Hecker corporate director 2018-10
Cynthia Hecker w-2 managing employee 2018-10
Jacqueline Cabe corporate officer 2016-03
Jacqueline Cabe w-2 managing employee 2016-03
Matthew Lund corporate officer 2022-01
Matthew Lund w-2 managing employee 2015-12
University Of Washington
Seattle, WA
operational/managerial control 2007-11

Ownership changes

DateTypeBuyerSeller
2020-01-01 acquisition/merger University Of Washington Uw Medicine Northwest

Who has been buying in WA

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2023-07-01 Central Washington Health Services... Wenatchee Valley Hospital Confluence Health 187
2021-12-05 Multicare Health System Columbia Capital Medical Center Lp Capital Medical Center 107
2020-01-01 University Of Washington Uw Medicine Northwest University Of Washington Med Ctr 617
2018-08-04 Rcch Trios Health Llc Kennewick Public Hospital District Trios Health 111
2016-06-01 Public Hospital Dist No 1 Skagit Public Hospital District 3 Snohomish County Cascade Valley Hospital 48