Evanston Regional
Evanston, Uinta County, WY · CCN 530032
Composite
36.7
rank score
Distress
38
FY2024
Fit
49
vs thesis
Estimated ticket
$3.2M–$6.4M
32 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $35.2M |
| Operating margin | 6.1% |
| Total margin | 6.6% |
| Days cash on hand | 0 |
| Current ratio | 11.64 |
| Occupancy | 11% |
Facility
| Beds | 32 |
| Facility type | STH |
| Setting | rural |
| Ownership class | for-profit |
| 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 | 32 | $31.8M | $8.9M | 19.1% | 25.7% | 0 | 0.40 | 13% | 724 | 49 |
| 2022 | 32 | $40.2M | $8.9M | 23.0% | 22.4% | 0 | 0.61 | 14% | 803 | 44 |
| 2023 | 32 | $35.3M | $7.0M | 17.6% | 19.3% | 0 | 1.75 | 10% | 590 | 31 |
| 2024 | 32 | $35.2M | $2.3M | 6.1% | 6.6% | 0 | 11.64 | 11% | 518 | 38 |
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 |