Mem. Hospt. Of Sweetwater County
Rock Springs, Sweetwater County, WY · CCN 530011
Composite
27.5
rank score
Distress
23
FY2024
Fit
43
vs thesis
Estimated ticket
$5.8M–$11.6M
58 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- 30-60 days cash on hand
- occupancy below 30%
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $128M |
| Operating margin | 2.1% |
| Total margin | 5.8% |
| Days cash on hand | 39 |
| Current ratio | 4.17 |
| Occupancy | 27% |
Facility
| Beds | 58 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 58 | $90.8M | $4.5M | -9.1% | 4.3% | 41 | 1.80 | 22% | 1,347 | 48 |
| 2022 | 58 | $102M | $-4.2M | -9.8% | -3.9% | 25 | 2.75 | 22% | 1,279 | 66 |
| 2023 | 58 | $108M | $-4.9M | -8.9% | -4.4% | 37 | 3.68 | 27% | 1,425 | 60 |
| 2024 | 58 | $128M | $7.8M | 2.1% | 5.8% | 39 | 4.17 | 27% | 1,788 | 23 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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 WY
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 |
|---|---|---|---|---|
| 2018-10-05 | Wyoming Medical Center Inc | Casper Medical Center Llc | Wyoming Medical Center | 249 |
| 2018-01-01 | Ivinson Memorial Hospital | Albany County Hospital District | Ivinson Memorial Hospital | 76 |