Kittitas Valley Community Hospital
dba Kittitas Valley Healthcare ·
Ellensburg, Kittitas County, WA
· CCN 501333
Licensed to Kittitas County Public Hospital Dist 1
Composite
34.2
rank score
Distress
32
FY2023
Fit
50
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin under 2%
- 30-60 days cash on hand
- occupancy 30-45%
- margin deteriorating
- 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 | $129M |
| Operating margin | 0.4% |
| Total margin | 3.9% |
| Days cash on hand | 46 |
| Current ratio | 2.02 |
| Occupancy | 39% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $84.8M | $6.4M | -5.3% | 6.9% | 54 | 2.61 | 32% | 798 | 44 |
| 2021 | 25 | $112M | $18.5M | 10.7% | 15.5% | 132 | 3.87 | 41% | 850 | 10 |
| 2022 | 25 | $121M | $6.1M | 2.3% | 4.9% | 73 | 2.27 | 48% | 1,062 | 12 |
| 2023 | 25 | $129M | $5.2M | 0.4% | 3.9% | 46 | 2.02 | 39% | 856 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Kittitas County Public Hospital Dist 1 | operational/managerial control | 100 | 1966-01 | |
| Lisa Gott | w-2 managing employee | 2024-01 | ||
| Rhonda Holden | corporate director | 2009-12 |
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 |