Wyoming Medical Center
Casper, Natrona County, WY
· CCN 530012
Licensed to Wyoming Medical Center Inc
Composite
43.2
rank score
Distress
48
FY2023
Fit
54
vs thesis
Estimated ticket
$24.9M–$49.8M
249 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin under 2%
- under 30 days cash on hand
- occupancy 30-45%
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $236M |
| Operating margin | -5.3% |
| Total margin | 0.4% |
| Days cash on hand | 0 |
| Current ratio | 1.78 |
| Occupancy | 41% |
Facility
| Beds | 249 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 226 | $148M | $-1.9M | 12.0% | -1.2% | 132 | 0.94 | 49% | 4,094 | 23 |
| 2021 | 226 | $267M | $19.3M | 3.3% | 7.1% | 31 | 1.23 | 51% | 8,327 | 22 |
| 2022 | 226 | $228M | $4.4M | -2.7% | 1.9% | 0 | 1.65 | 45% | 14,666 | 47 |
| 2023 | 249 | $236M | $1.0M | -5.3% | 0.4% | 0 | 1.78 | 41% | 8,915 | 48 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Banner Health | 5% or greater indirect ownership interest | 100 | 2020-10 | |
| Wyoming Medical Center Inc | 5% or greater direct ownership interest | 100 | 1986-02 | |
| Wyoming Medical Center Inc | operational/managerial control | 100 | 1986-02 | |
| Amy Perry | corporate officer | 2021-11 | ||
| Anne Mariucci | corporate director | 2020-10 | ||
| Brenda Schaefer | corporate officer | 2020-10 | ||
| Carole Faig | corporate director | 2026-03 | ||
| Christine Rosini | corporate director | 2020-07 | ||
| Christine Rosini | w-2 managing employee | 2020-07 | ||
| Christopher Volk | corporate director | 2020-10 | ||
| Dean Harrison | corporate director | 2023-09 | ||
| Holly Gregory | corporate director | 2020-07 | ||
| Holly Gregory | w-2 managing employee | 2020-07 | ||
| Jean Lance | corporate officer | 2022-06 | ||
| John Koster | corporate director | 2020-10 | ||
| Julie Ann Alvarado-Dubek | corporate officer | 2022-02 | ||
| Lance Porter | corporate director | 2020-10 | ||
| Lance Porter | w-2 managing employee | 2020-10 | ||
| Margo Karsten | corporate director | 2022-06 | ||
| Margo Karsten | w-2 managing employee | 2022-06 | ||
| Marjorie Bessel | corporate officer | 2018-01 | ||
| Mark Wallace | corporate director | 2021-09 | ||
| Mary Schubert | corporate officer | 2024-01 | ||
| Michael Butler | corporate director | 2025-09 | ||
| Michael Garnreiter | corporate director | 2020-10 |
Showing 25 of 34. Full list via /api/targets/530012.
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2018-10-05 | acquisition/merger | Wyoming Medical Center Inc | Casper Medical Center Llc |
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 |