Iowa Methodist Medical Center
dba Unitypoint Health Des Moines Iowa Methodist Medical Center ·
Des Moines, Polk County, IA
· CCN 160082
Licensed to Central Iowa Hospital Corporation
Composite
36.0
rank score
Distress
23
FY2023
Fit
64
vs thesis
Estimated ticket
$57.7M–$115M
577 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- margin slipping
- rural — cheaper but limited density
- very large — likely out of range
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $1.0B |
| Operating margin | 18.8% |
| Total margin | 24.1% |
| Days cash on hand | 20 |
| Current ratio | 2.48 |
| Occupancy | 85% |
Facility
| Beds | 577 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 608 | $756M | $199M | 18.7% | 24.4% | 58 | 1.84 | 76% | 36,218 | 17 |
| 2021 | 611 | $865M | $223M | 16.9% | 23.7% | 44 | 1.48 | 81% | 37,496 | 20 |
| 2022 | 576 | $862M | $151M | 9.3% | 16.2% | 12 | 1.34 | 83% | 34,844 | 26 |
| 2023 | 577 | $1.0B | $262M | 18.8% | 24.1% | 20 | 2.48 | 85% | 36,567 | 23 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Angela Knoblauch | corporate director | 2022-01 | ||
| Anish Keshwani | corporate director | 2020-01 | ||
| Central Iowa Hospital Corporation | other | 1982-06 | ||
| Daniel Zinnel | corporate director | 2023-01 | ||
| David Albrecht | corporate director | 2025-01 | ||
| Doug Denadel | corporate director | 2023-01 | ||
| Erica Axiotis | w-2 managing employee | 2024-01 | ||
| Greg Lin | corporate director | 2020-01 | ||
| Iowa Health System | other | 1982-06 | ||
| Jonathan Rozenfeld | corporate officer | 2024-01 | ||
| Jonathan Rozenfeld | w-2 managing employee | 2024-01 | ||
| Joyce Mcdanel | w-2 managing employee | 2014-10 | ||
| Kasey Johnson-Steen | corporate director | 2017-01 | ||
| Kim Bakey | corporate director | 2018-02 | ||
| Laurie Johnson | w-2 managing employee | 2025-05 | ||
| Patricia Allen | corporate officer | 2025-09 | ||
| Patricia Allen | w-2 managing employee | 2025-09 | ||
| Philip Fitzgerald | corporate officer | 2025-07 | ||
| Philip Fitzgerald | w-2 managing employee | 2025-07 | ||
| Rebecca Nail | w-2 managing employee | 2025-01 | ||
| Rose Kleyweg Mitchell | corporate director | 2023-01 | ||
| Scott Kizer | other | 2024-01 | ||
| Wendy Woods Swafford | w-2 managing employee | 2025-01 |
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 IA
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 |
|---|---|---|---|---|
| 2025-09-01 | Northwest Iowa Hospital Corporation | Marian Health Center-Smhc | St. Lukes Regl Medical Center | 179 |
| 2024-01-31 | State University Of Iowa | Mercy Hospital Iowa City Iowa | University Of Iowa Health Care Medic | 211 |
| 2021-07-01 | Southeast Iowa Regional Medical Center Inc | Fort Madison Community Hospital | Southeast Iowa Regional Medical Ctr | 174 |