dealflow
envelope $200M

← Targets

Star Valley Hospital

dba Star Valley Health · Afton, Lincoln County, WY · CCN 531313
Licensed to North Lincoln County Hospital District

Composite
27.7
rank score
Distress
34
FY2024
Fit
31
vs thesis
Estimated ticket
$1.9M–$3.7M
22 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin negative
  • 60-90 days cash on hand
  • occupancy below 30%
  • margin slipping
  • 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
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$92.0M
Operating margin -4.6%
Total margin 3.4%
Days cash on hand 70
Current ratio 2.06
Occupancy23%

Facility

Beds22
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 22 $54.9M $3.2M -5.3% 5.2% 131 2.90 28% 711 36
2022 22 $66.0M $6.8M -7.4% 8.8% 99 4.37 34% 795 32
2023 22 $82.0M $4.0M -0.5% 4.6% 68 2.55 29% 718 34
2024 22 $92.0M $3.4M -4.6% 3.4% 70 2.06 23% 628 34

Owners

OwnerRole%SinceType
Daniel Ordyna corporate officer 2021-01
Daniel Ordyna w-2 managing employee 2021-01
North Lincoln County Hospital District
Afton, WY
5% or greater direct ownership interest 1999-10
Scott Graham corporate officer 2023-01
Scott Graham w-2 managing employee 2023-01

Ownership changes

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