Osceola Regional Health Center
Sibley, Osceola County, IA
· CCN 161345
Licensed to Osceola Community Hospital Inc
Composite
37.6
rank score
Distress
47
FY2024
Fit
41
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin -10% to -5%
- 60-90 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
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $14.2M |
| Operating margin | -8.3% |
| Total margin | 10.2% |
| Days cash on hand | 77 |
| Current ratio | 2.37 |
| Occupancy | 8% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | $11.3M | $4.0M | -34.0% | 20.8% | 52 | 1.44 | 8% | 124 | 57 |
| 2022 | 25 | $11.7M | $-1.8M | -29.5% | -13.4% | 65 | 2.02 | 10% | 122 | 63 |
| 2023 | 25 | $12.5M | $42.9K | -21.6% | 0.3% | 30 | 2.43 | 8% | 63 | 62 |
| 2024 | 25 | $14.2M | $1.8M | -8.3% | 10.2% | 77 | 2.37 | 8% | 91 | 47 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Abby De Zeeuw | corporate director | 2025-01 | ||
| Amber Bosma | corporate officer | 2025-01 | ||
| Andrea Johnson | corporate officer | 2022-09 | ||
| Andrea Johnson | w-2 managing employee | 2022-09 | ||
| Andrea Johnson | operational/managerial control | 2022-09 | ||
| Brad Jensen | corporate officer | 2025-01 | ||
| Brandon Krikke | corporate director | 2025-01 | ||
| Brian Mino | corporate director | 2019-12 | ||
| Cheryl Peters | corporate director | 2025-01 | ||
| Gloria Torres | corporate director | 2020-11 | ||
| Holly Wilson | corporate director | 2020-11 | ||
| Joseph Heitritter | w-2 managing employee | 2023-09 | ||
| Joseph Heitritter | operational/managerial control | 2023-09 | ||
| Lorraine Reed | corporate officer | 2017-07 | ||
| Lorraine Reed | w-2 managing employee | 2015-01 | ||
| Wilbur Boer | corporate director | 2025-01 |
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 |