Margaret Mary Community Hospital
dba Margaret Mary Health ·
Batesville, Ripley County, IN
· CCN 151329
Licensed to Margaret Mary Community Hospital Inc
Composite
36.2
rank score
Distress
28
FY2023
Fit
59
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin under 2%
- under 30 days cash on hand
- occupancy 45-60%
- 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 · FY2023
| Net patient revenue | $128M |
| Operating margin | 0.7% |
| Total margin | 10.4% |
| Days cash on hand | 20 |
| Current ratio | 2.19 |
| Occupancy | 51% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $109M | $8.2M | -7.1% | 6.6% | 23 | 1.26 | 59% | 1,459 | 50 |
| 2021 | 25 | $119M | $21.7M | 2.8% | 15.8% | 23 | 1.51 | 70% | 1,555 | 22 |
| 2022 | 25 | $125M | $-10.0M | -3.6% | -8.4% | 17 | 1.94 | 56% | 1,263 | 57 |
| 2023 | 25 | $128M | $14.8M | 0.7% | 10.4% | 20 | 2.19 | 51% | 1,222 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Margaret Mary Community Hospital Inc | 5% or greater direct ownership interest | 5 | 2008-01 | |
| Arnold Kirschner | corporate director | 2017-01 | ||
| Brian Daeger | corporate officer | 1997-11 | ||
| Brian Daeger | corporate director | 1997-10 | ||
| Charles Mcgovern | corporate director | 2019-01 | ||
| Craig Gilliland | corporate officer | 2025-12 | ||
| Craig Gilliland | corporate director | 2025-12 | ||
| Devan Reuss | corporate director | 2021-01 | ||
| Devan Reuss | w-2 managing employee | 2021-01 | ||
| Diane Jamison | corporate director | 2017-01 | ||
| Elizabeth Leising | corporate director | 2016-01 | ||
| Elizabeth Leising | w-2 managing employee | 2016-01 | ||
| George Junker | corporate director | 2007-01 | ||
| Jeff Ollier | corporate director | 2021-01 | ||
| Joe Moorman | corporate director | 2021-01 | ||
| Jorge Lopez | corporate director | 2017-01 | ||
| Julie Keene | corporate director | 2010-01 | ||
| Julie Keene | w-2 managing employee | 2010-01 | ||
| Kimberly Inscho | corporate director | 2004-01 | ||
| Kimberly Inscho | w-2 managing employee | 2004-01 | ||
| Kristina Cerniglia | corporate director | 2019-01 | ||
| Lea Ann King | corporate director | 2019-01 | ||
| Mary Ann Wise-Castner | corporate director | 1991-01 | ||
| Michelle Biltz | corporate director | 2022-01 | ||
| Michelle Biltz | w-2 managing employee | 2022-01 |
Showing 25 of 27. Full list via /api/targets/151329.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
Who has been buying in IN
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2018-03-01 | Indiana University Health Jay Inc | Jay County Hospital | Iu Health Jay Hospital | 21 |