Lourdes Medical Center
Pasco, Franklin County, WA
· CCN 501337
Licensed to Lourdes Hospital Llc
Composite
60.0
rank score
Distress
84
FY2024
Fit
56
vs thesis
Estimated ticket
$1.5M–$3.0M
25 beds ·
within envelope
Ownership
for-profit
CAH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- under 30 days cash on hand
- current liabilities exceed current assets
- liabilities exceed 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
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $112M |
| Operating margin | -9.9% |
| Total margin | -5.1% |
| Days cash on hand | 0 |
| Current ratio | 0.99 |
| Occupancy | 43% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | for-profit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $97.5M | $9.6M | -2.2% | 8.8% | 0 | 1.86 | 53% | 1,342 | 44 |
| 2022 | 25 | $95.6M | $-3.6M | -5.2% | -3.8% | 1 | 1.88 | 52% | 1,138 | 70 |
| 2023 | 25 | $90.1M | $-8.0M | -10.0% | -8.8% | 0 | 0.65 | 40% | 857 | 91 |
| 2024 | 25 | $112M | $-6.0M | -9.9% | -5.1% | 0 | 0.99 | 43% | 1,074 | 84 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Capella Health Holdings Llc | 5% or greater indirect ownership interest | 100 | 2018-09 | |
| Capella Healthcare Llc | 5% or greater indirect ownership interest | 100 | 2018-09 | |
| Capella Holdings Llc | 5% or greater indirect ownership interest | 100 | 2018-09 | |
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 100 | 2018-09 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 100 | 2018-11 | |
| Lima Holdco Llc | 5% or greater indirect ownership interest | 100 | 2021-12 | |
| Lourdes Holdings Llc | 5% or greater direct ownership interest | 100 | 2018-09 | |
| Brian Sims | w-2 managing employee | 2025-09 | ||
| Charlotte Lawrence | corporate officer | 2022-02 | ||
| Christopher Monte | corporate officer | 2018-11 | ||
| Jennifer Alderfer | corporate officer | 2023-10 | ||
| John Grooms | corporate officer | 2025-06 | ||
| Marcus Poppell | corporate officer | 2018-11 | ||
| William Ziesmer | corporate officer | 2024-02 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2018-09-01 | change of ownership | Lourdes Hospital Llc | Our Lady Of Lourdes Health Center |
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 |