Jackson County Public Hospital
dba Jackson County Regional Health Center ·
Maquoketa, Jackson County, IA
· CCN 161329
Licensed to Jackson County Public Hospital
Composite
18.8
rank score
Distress
8
FY2024
Fit
38
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- occupancy below 30%
- 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 | $29.2M |
| Operating margin | 17.0% |
| Total margin | 21.8% |
| Days cash on hand | 189 |
| Current ratio | 8.71 |
| Occupancy | 12% |
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 | $17.9M | $873K | -12.4% | 3.8% | 208 | 2.72 | 13% | 96 | 37 |
| 2022 | 25 | $20.0M | $1.6M | -4.1% | 7.0% | 157 | 3.72 | 15% | 139 | 24 |
| 2023 | 25 | $22.4M | $1.7M | 0.3% | 7.2% | 163 | 6.59 | 13% | 124 | 16 |
| 2024 | 25 | $29.2M | $6.8M | 17.0% | 21.8% | 189 | 8.71 | 12% | 135 | 8 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Mercy Health Network Inc | operational/managerial control | 100 | 2023-09 | |
| Debra Renner | corporate director | 2023-01 | ||
| Dianne Brady | corporate director | 2019-04 | ||
| Elaine Edwards | corporate director | 2019-04 | ||
| Jackson County Public Hospital | operational/managerial control | 2018-02 | ||
| James Thines | corporate director | 2019-10 | ||
| Kevin Burns | corporate director | 2000-05 | ||
| Kolin Huth | corporate director | 2023-03 | ||
| Kolin Huth | w-2 managing employee | 2023-03 | ||
| Matthew Osterhaus | corporate director | 2016-07 | ||
| Patrick Peters | contracted managing employee | 2023-02 | ||
| Patrick Peters | corporate director | 2023-02 | ||
| William Schwenker | corporate director | 2019-07 |
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 |