Seattle Childrens Hospital
dba Childrens Hospital & Regional Medical Center ·
Seattle, King County, WA
· CCN 503300
Licensed to Seattle Childrens Hospital
Composite
16.5
rank score
Distress
28
FY2023
Fit
72
vs thesis
Estimated ticket
$222M–$888M
370 beds ·
over envelope
Ownership
nonprofit
CH
Why it ranks here
- under 30 days cash on hand
- current liabilities exceed current assets
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- large — ticket likely stretches the envelope
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $1.9B |
| Operating margin | 5.7% |
| Total margin | 5.0% |
| Days cash on hand | 10 |
| Current ratio | 1.00 |
| Occupancy | 76% |
Facility
| Beds | 370 |
| Facility type | CH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $600K |
| Per-bed (high) | $2.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 343 | $1.3B | $36.4M | -0.1% | 2.4% | 19 | 1.47 | 67% | 8,883 | 41 |
| 2021 | 357 | $1.5B | $173M | 6.4% | 9.9% | 17 | 1.54 | 75% | 8,396 | 22 |
| 2022 | 350 | $1.7B | $-148M | 5.7% | -9.0% | 12 | 0.97 | 78% | 8,711 | 48 |
| 2023 | 370 | $1.9B | $106M | 5.7% | 5.0% | 10 | 1.00 | 76% | 9,417 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Andre Dick | w-2 managing employee | 2022-03 | ||
| Bonnie Fryzlewics | w-2 managing employee | 2022-05 | ||
| Colin Fox | corporate director | 2014-07 | ||
| Conan Viernes | corporate director | 2021-10 | ||
| Dan Levitan | corporate director | 2019-10 | ||
| Dondi Cupp | w-2 managing employee | 2022-06 | ||
| Eric Tham | w-2 managing employee | 2022-05 | ||
| Georialee Zunker | corporate director | 2024-10 | ||
| Jamie Phillips | w-2 managing employee | 2022-10 | ||
| Jasmin Zavala | corporate director | 2024-10 | ||
| Jeffrey Ojemann | w-2 managing employee | 2020-01 | ||
| Jeffrey Sperring | corporate officer | 2015-05 | ||
| Jeffrey Sperring | corporate director | 2015-05 | ||
| Jill Brubaker | corporate director | 2017-10 | ||
| Joel French | corporate director | 2019-10 | ||
| John Schoettler | corporate director | 2021-01 | ||
| Kenneth Denman | corporate director | 2021-01 | ||
| Kimi King | corporate director | 2024-10 | ||
| Kurt Shintaffer | corporate director | 2021-01 | ||
| Lisa Hayward | w-2 managing employee | 2016-01 | ||
| Loren Alhadeff | corporate director | 2021-01 | ||
| Marcus East | corporate director | 2023-10 | ||
| Mark Okerstrom | corporate director | 2023-10 | ||
| Moya Vazquez | corporate director | 2017-10 | ||
| Myra Gregorian | w-2 managing employee | 2017-07 |
Showing 25 of 36. Full list via /api/targets/503300.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.