dealflow
envelope $200M

← Targets

Guttenberg Municipal Hospital

Guttenberg, Clayton County, IA · CCN 161312
Licensed to Guttenberg Municipal 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

  • operating margin negative
  • 90-150 days cash on hand
  • 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$26.2M
Operating margin -4.6%
Total margin 3.1%
Days cash on hand 93
Current ratio 3.33
Occupancy13%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 25 $19.9M $2.1M -7.3% 8.9% 283 4.64 15% 182 31
2022 25 $21.8M $2.8M -1.5% 11.1% 260 8.23 12% 134 24
2023 25 $23.5M $122K -3.0% 0.5% 197 5.61 15% 174 28
2024 25 $26.2M $879K -4.6% 3.1% 93 3.33 13% 205 36

Owners

OwnerRole%SinceType
City Of Guttenberg
Guttenberg, IA
5% or greater direct ownership interest 100 1966-01
Janice Andregg corporate officer 20 2016-01
Susan Osterhaus corporate officer 20 2014-01
William Allyn corporate officer 20 2012-01
Austin Coon corporate officer 2022-10
Jill Knepper w-2 managing employee 2017-01
Mercy Health Network Inc
West Des Moines, IA
operational/managerial control 2017-10
Robin Esmann w-2 managing employee 1999-10
Stephanie Radabaugh corporate officer 2022-01
Timothy Ahlers contracted managing employee 2019-04
Timothy Ahlers corporate officer 2019-04

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