Memorial Hospital Of Carbon County
Rawlins, Carbon County, WY
· CCN 531316
Licensed to Memorial Hospital Of Carbon County
Composite
51.7
rank score
Distress
81
FY2024
Fit
38
vs thesis
Estimated ticket
$1.5M–$3.0M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio under 1.5
- 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
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $31.6M |
| Operating margin | -24.5% |
| Total margin | -19.5% |
| Days cash on hand | 10 |
| Current ratio | 1.33 |
| Occupancy | 15% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $59.5K |
| Per-bed (high) | $119K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $32.2M | $816K | -10.1% | 2.2% | 122 | 1.94 | 21% | 468 | 41 |
| 2022 | 25 | $37.3M | $-2.0M | -11.7% | -5.1% | 28 | 1.34 | 22% | 483 | 74 |
| 2023 | 25 | $30.2M | $-4.3M | -27.4% | -12.4% | 7 | 1.31 | 18% | 382 | 79 |
| 2024 | 25 | $31.6M | $-6.4M | -24.5% | -19.5% | 10 | 1.33 | 15% | 297 | 81 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Autumn Hardy | w-2 managing employee | 2021-12 | ||
| Duane Abels | contracted managing employee | 2017-07 | ||
| Jennifer Daniels | w-2 managing employee | 2023-11 | ||
| Memorial Hospital Of Carbon County | operational/managerial control | 2010-03 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.