Ottumwa Regional Health Center
Ottumwa, Wapello County, IA
· CCN 160089
Licensed to Rchp Ottumwa Llc
Composite
64.6
rank score
Distress
100
FY2024
Fit
49
vs thesis
Estimated ticket
$5.3M–$10.6M
76 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $83.1M |
| Operating margin | -19.9% |
| Total margin | -19.3% |
| Days cash on hand | 0 |
| Current ratio | 0.29 |
| Occupancy | 21% |
Facility
| Beds | 76 |
| Facility type | STH |
| Setting | rural |
| Ownership class | for-profit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 88 | $86.1M | $3.8M | -6.8% | 4.0% | 0 | 0.78 | 24% | 2,018 | 78 |
| 2022 | 88 | $89.7M | $-10.7M | -12.7% | -11.9% | 1 | 0.22 | 25% | 1,978 | 100 |
| 2023 | 88 | $74.6M | $-19.9M | -27.3% | -26.5% | 0 | 0.19 | 19% | 1,459 | 100 |
| 2024 | 76 | $83.1M | $-16.1M | -19.9% | -19.3% | 0 | 0.29 | 21% | 1,514 | 100 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Dsb Acquisition Llc | 5% or greater indirect ownership interest | 100 | 2015-12 | |
| Lifepoint Health Inc | 5% or greater indirect ownership interest | 100 | 2018-11 | |
| Lima Holdco Llc | 5% or greater indirect ownership interest | 100 | 2001-12 | |
| Rchp-Ottumwa Holdings Inc | 5% or greater direct ownership interest | 100 | 2011-11 | |
| Charlotte Lawrence | corporate officer | 2022-01 | ||
| Christopher Monte | corporate officer | 2018-11 | ||
| Elliott Brown | corporate officer | 2026-04 | ||
| Kenneth Deboer | operational/managerial control | 2025-06 | ||
| Marcus Poppell | corporate officer | 2018-11 | ||
| Samuel Barrett | corporate officer | 2026-02 | ||
| William Ziesmer | corporate officer | 2024-02 |
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 |