Cody Regional Health
Cody, Park County, WY
· CCN 531312
Licensed to West Park Hospital District
Composite
28.6
rank score
Distress
19
FY2024
Fit
50
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin negative
- occupancy 45-60%
- margin slipping
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $127M |
| Operating margin | -1.6% |
| Total margin | 9.4% |
| Days cash on hand | 291 |
| Current ratio | 8.43 |
| Occupancy | 46% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $107M | $13.9M | -4.5% | 11.1% | 288 | 4.40 | 53% | 930 | 18 |
| 2022 | 25 | $114M | $8.7M | -2.2% | 6.9% | 297 | 7.22 | 68% | 1,655 | 16 |
| 2023 | 25 | $123M | $10.9M | -0.9% | 8.1% | 264 | 8.90 | 60% | 1,200 | 18 |
| 2024 | 25 | $127M | $13.5M | -1.6% | 9.4% | 291 | 8.43 | 46% | 922 | 19 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Coby Lablue | corporate officer | 2025-05 | ||
| Coby Lablue | operational/managerial control | 2025-05 | ||
| Jennifer Talich | corporate director | 2019-01 | ||
| Mary Mcrae | corporate officer | 2025-01 | ||
| Mary Mcrae | operational/managerial control | 2025-01 | ||
| Richard Nelson | corporate director | 2013-01 | ||
| West Park Hospital District | operational/managerial control | 2009-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.