dealflow
envelope $200M

← Targets

Astria Sunnyside Hospital

Sunnyside, Yakima County, WA · CCN 501330
Licensed to Sunnyside Community Hospital Association

Composite
31.9
rank score
Distress
17
FY2023
Fit
60
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • margin deteriorating sharply
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$118M
Operating margin 8.4%
Total margin 8.9%
Days cash on hand
Current ratio
Occupancy73%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 25 $99.3M $19.9M 10.5% 18.3% 28 2.47 77% 2,005 22
2021 25 $90.8M $11.2M 0.7% 11.0% 14 2.33 77% 1,478 29
2022 25 $103M $2.5M 1.7% 2.4% 11 3.77 66% 1,276 29
2023 25 $118M $10.5M 8.4% 8.9% 73% 1,270 17

Owners

OwnerRole%SinceType
Astria Health
Yakima, WA
5% or greater indirect ownership interest 100 2017-05
Sunnyside Community Hospital Association
Sunnyside, WA
5% or greater direct ownership interest 100 2012-12
Astria Health
Yakima, WA
operational/managerial control 2020-08
Brian Gibbons 5% or greater direct ownership interest 2021-01
Brian Gibbons corporate officer 2017-05
Brian Gibbons corporate director 2017-05
Brian Gibbons w-2 managing employee 2021-01
Christina Rivas corporate director 2021-01
Jay Rodne corporate director 2024-07
Ladon Linde corporate director 2025-03
Matthew Mathiesen corporate officer 2024-06
Matthew Mathiesen corporate director 2024-06
Matthew Mathiesen w-2 managing employee 2024-06

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.

DateBuyerSellerHospitalBeds
2018-09-01 Lourdes Hospital Llc Our Lady Of Lourdes Health Center Lourdes Medical Center 25