dealflow
envelope $200M

← Targets

Wyoming State Hospital

Evanston, WY · CCN 534001
Licensed to State Of Wyoming

Composite
9.1
rank score
Distress
0
FY2023
Fit
57
vs thesis
Estimated ticket
—–—
— beds · over envelope
Ownership
nonprofit
PH

Why it ranks here

  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$37.5M
Operating margin 4.6%
Total margin 4.6%
Days cash on hand
Current ratio
Occupancy66%

Facility

Beds
Facility typePH
Settingurban
Ownership classnonprofit
Per-bed (low)
Per-bed (high)

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 73 $41.9M $8.2M 19.6% 19.6% 73% 98 0
2022 73 $34.4M $2.0M 5.8% 5.8% 79% 72 0
2023 72 $37.5M $1.7M 4.6% 4.6% 66% 61 0
2024

Owners

OwnerRole%SinceType
Kristi Barker w-2 managing employee 2021-01
State Of Wyoming other 1990-01

Ownership changes

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