Peacehealth Southwest Medical Center
dba Peacehealth Southwest Medical Cente ·
Vancouver, Clark County, WA
· CCN 500050
Licensed to Peacehealth
Composite
53.3
rank score
Distress
60
FY2024
Fit
66
vs thesis
Estimated ticket
$178M–$712M
419 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin below -8%
- urban — higher occupancy and iteration surface
- very large — likely out of range
- ticket size well above the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $858M |
| Operating margin | -8.8% |
| Total margin | -8.1% |
| Days cash on hand | — |
| Current ratio | — |
| Occupancy | 69% |
Facility
| Beds | 419 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 415 | $684M | $-68.0M | -7.9% | -9.7% | — | — | 56% | 17,114 | 77 |
| 2022 | 391 | $740M | $-89.9M | -13.8% | -11.9% | — | — | 72% | 16,092 | 83 |
| 2023 | 408 | $814M | $-67.0M | -9.6% | -8.1% | — | — | 76% | 19,754 | 73 |
| 2024 | 419 | $858M | $-69.6M | -8.8% | -8.1% | — | — | 69% | 20,821 | 60 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Peacehealth | 5% or greater direct ownership interest | 100 | 2013-01 | |
| Andrea Nenzel | corporate director | 2015-07 | ||
| Arthur Springer Ii | corporate officer | 2025-11 | ||
| Carolyn Aaron | corporate director | 2021-01 | ||
| Charlotte Davenport | corporate director | 2016-07 | ||
| Danny Hollingshead | corporate director | 2017-06 | ||
| Donna King | corporate director | 2019-07 | ||
| Ione Adams | corporate director | 2024-07 | ||
| Karl Carrier | corporate director | 2016-07 | ||
| Kathleen Pruitt | corporate officer | 2015-07 | ||
| Leonard Kearney | corporate director | 2011-01 | ||
| Linda Jackson | corporate director | 2023-07 | ||
| Linda Jackson | w-2 managing employee | 2023-07 | ||
| Lorraine Arvin | corporate director | 2024-07 | ||
| Mary Mcwilliams | corporate director | 2021-09 | ||
| Richard Magnuson | corporate officer | 2025-06 | ||
| Richard Wollenberg | corporate director | 2014-01 | ||
| Sarah Ness | corporate officer | 2026-01 | ||
| Sheila Lemieux | corporate director | 2024-09 | ||
| Thomas Karnes | corporate officer | 2023-01 | ||
| Timothy Ackman | corporate director | 2017-07 |
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 WA
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 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 |