Dayton General Hospital
Dayton, Columbia County, WA
· CCN 501302
Licensed to Columbia County Hospital District
Composite
56.7
rank score
Distress
82
FY2023
Fit
50
vs thesis
Estimated ticket
$1.5M–$3.0M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio under 1.5
- debt above 70% of assets
- occupancy 30-45%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $26.3M |
| Operating margin | -29.4% |
| Total margin | -17.4% |
| Days cash on hand | 27 |
| Current ratio | 1.25 |
| Occupancy | 32% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $59.5K |
| Per-bed (high) | $119K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $22.2M | $3.1M | -6.5% | 11.5% | 211 | 1.43 | 69% | 117 | 30 |
| 2021 | 25 | $25.1M | $3.5M | -9.3% | 11.3% | 110 | 1.77 | 59% | 108 | 29 |
| 2022 | 25 | $28.5M | $-645K | -12.8% | -2.0% | 48 | 1.89 | 32% | 107 | 62 |
| 2023 | 25 | $26.3M | $-5.0M | -29.4% | -17.4% | 27 | 1.25 | 32% | 120 | 82 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Columbia County Hospital District | 5% or greater direct ownership interest | 100 | 2007-12 | |
| Erin Trump | corporate officer | 2017-09 | ||
| Erin Trump | corporate director | 2017-09 | ||
| Erin Trump | w-2 managing employee | 2017-09 | ||
| Erin Trump | operational/managerial control | 2017-09 | ||
| Matt Minor | corporate officer | 2019-04 | ||
| Matt Minor | corporate director | 2019-04 | ||
| Matt Minor | w-2 managing employee | 2019-04 | ||
| Shane Mcguire | corporate officer | 2013-08 | ||
| Shane Mcguire | corporate director | 2013-08 | ||
| Shane Mcguire | w-2 managing employee | 2013-08 | ||
| Shane Mcguire | operational/managerial control | 2013-08 |
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 |
|---|---|---|---|---|
| 2018-09-01 | Lourdes Hospital Llc | Our Lady Of Lourdes Health Center | Lourdes Medical Center | 25 |