Pocahontas Community Hospital
Pocahontas, Pocahontas County, IA
· CCN 161305
Licensed to Pocahontas Community Hospital
Composite
31.4
rank score
Distress
36
FY2024
Fit
38
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- 30-60 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 | $17.1M |
| Operating margin | 4.2% |
| Total margin | 5.9% |
| Days cash on hand | 35 |
| Current ratio | 1.44 |
| Occupancy | 6% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $12.0M | $4.5M | -4.6% | 26.4% | 13 | 0.71 | 10% | 115 | 60 |
| 2022 | 25 | $13.5M | $1.7M | 2.0% | 11.6% | 12 | 0.79 | 9% | 126 | 51 |
| 2023 | 25 | $14.4M | $405K | -0.4% | 2.7% | 96 | 1.55 | 10% | 125 | 29 |
| 2024 | 25 | $17.1M | $1.0M | 4.2% | 5.9% | 35 | 1.44 | 6% | 100 | 36 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Charles White | corporate director | 2014-07 | ||
| Holly Storms | corporate officer | 2022-03 | ||
| Holly Storms | w-2 managing employee | 2022-03 | ||
| James Roetman | contracted managing employee | 2004-04 | ||
| James Roetman | corporate officer | 2004-04 | ||
| Jody Lyon | corporate director | 2013-01 | ||
| Kimberly Wood | corporate director | 2012-01 | ||
| Pocahontas Community Hospital | other | 1967-07 | ||
| Richard Winegarden | corporate director | 2004-04 | ||
| Trinity Health Systems, Inc | operational/managerial control | 1995-08 |
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 |
|---|---|---|---|---|
| 2021-07-01 | Henry County Health Center Inc | Henry County Soldiers' And... | Henry County Health Center | 25 |
| 2019-05-01 | Avera Mckennan | Sanford Health Network | Avera Merrill Pioneer Hospital | 11 |