dealflow
envelope $200M

← Targets

Jones Regional Medical Ctr

dba Jones Regional Medical Center · Anamosa, Jones County, IA · CCN 161306
Licensed to St Lukes Jones Regional Medical Center

Composite
18.1
rank score
Distress
2
FY2023
Fit
43
vs thesis
Estimated ticket
$765K–$1.5M
9 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • occupancy 45-60%
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$48.9M
Operating margin 10.8%
Total margin 23.3%
Days cash on hand 230
Current ratio 6.29
Occupancy53%

Facility

Beds9
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 22 $35.5M $6.0M -12.4% 13.1% 122 2.10 27% 324 41
2021 10 $43.3M $7.9M 6.3% 16.4% 122 1.84 61% 314 4
2022 10 $43.5M $5.5M 0.2% 11.2% 167 3.99 48% 235 9
2023 9 $48.9M $13.3M 10.8% 23.3% 230 6.29 53% 229 2

Owners

OwnerRole%SinceType
Aimee Hospodarsky corporate director 2023-01
Angela Greif contracted managing employee 2020-11
Angela Greif operational/managerial control 2020-11
Casey Greene corporate officer 2024-09
Casey Greene corporate director 2024-09
David Kehoe corporate director 2020-06
Eric Briesemeister contracted managing employee 2009-10
Eric Briesemeister corporate officer 2009-10
Eric Briesemeister corporate director 2009-10
Eric Briesemeister operational/managerial control 2009-10
Iowa Health System
West Des Moines, IA
operational/managerial control 1995-01
Lucas Hicks corporate director 2023-11
Philip Hanna corporate director 2022-02
Rachel Vonbehren w-2 managing employee 2000-06
Rachel Vonbehren operational/managerial control 2000-06
Shaun Lambertsen corporate officer 2025-01
Shaun Lambertsen corporate director 2025-01
St Luke's Healthcare
Cedar Rapids, IA
operational/managerial control 1998-10

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.

DateBuyerSellerHospitalBeds
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