dealflow
envelope $200M

← Targets

Washakie Medical Center

Worland, Washakie County, WY · CCN 531306
Licensed to Washakie Medical Center

Composite
28.0
rank score
Distress
32
FY2023
Fit
34
vs thesis
Estimated ticket
$1.5M–$3.1M
18 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • under 30 days cash on hand
  • debt above 70% of assets
  • occupancy below 30%
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$31.8M
Operating margin 5.8%
Total margin 11.0%
Days cash on hand 2
Current ratio 2.17
Occupancy23%

Facility

Beds18
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 18 $28.4M $3.1M 5.4% 10.4% 1 3.54 26% 412 36
2021 18 $27.0M $306K -0.6% 1.1% 1 3.02 29% 435 54
2022 18 $28.1M $-100K -1.7% -0.4% 1 21.88 20% 353 54
2023 18 $31.8M $3.7M 5.8% 11.0% 2 2.17 23% 334 32

Owners

OwnerRole%SinceType
Banner Health
Phoenix, AZ
5% or greater direct ownership interest 100 2003-05
Amy Perry corporate officer 2021-11
Anne Mariucci corporate director 2015-03
Brenda Schaefer corporate officer 2017-06
Carole Faig corporate director 2026-03
Christopher Volk corporate director 2009-12
Dean Harrison corporate director 2023-09
Holly Gregory corporate director 2026-02
Holly Gregory w-2 managing employee 2026-02
Jean Lance corporate officer 2022-06
John Koster corporate director 2015-12
Julie Ann Alvarado-Dubek corporate officer 2022-02
Lisa Van Brunt corporate director 2024-01
Lisa Van Brunt w-2 managing employee 2024-01
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 2012-08
Paris Labruzzo corporate director 2026-02
Paris Labruzzo w-2 managing employee 2026-02
Quentin Smith corporate director 1999-09
Rick Myers corporate director 2023-09
Sara Ward corporate director 2023-09
Sujata Gosalia corporate director 2018-09

Showing 25 of 26. Full list via /api/targets/531306.

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.