Knoxville Community Hospital Inc
dba Knoxville Hospital & Clinics ·
Knoxville, Marion County, IA
· CCN 161355
Licensed to Knoxville Community Hospital Inc
Composite
21.8
rank score
Distress
12
FY2024
Fit
41
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- 90-150 days cash on hand
- 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
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $52.4M |
| Operating margin | 6.3% |
| Total margin | 14.2% |
| Days cash on hand | 93 |
| Current ratio | 2.85 |
| Occupancy | 22% |
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 | $36.7M | $5.8M | -4.4% | 13.2% | 251 | 2.82 | 21% | 337 | 24 |
| 2022 | 25 | $41.6M | $4.6M | 0.2% | 10.0% | 220 | 4.47 | 22% | 383 | 16 |
| 2023 | 25 | $44.2M | $4.2M | -1.1% | 8.6% | 206 | 5.92 | 20% | 405 | 24 |
| 2024 | 25 | $52.4M | $8.1M | 6.3% | 14.2% | 93 | 2.85 | 22% | 434 | 12 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Anthony Aylsworth | corporate director | 2025-04 | ||
| Cindi Fuller | corporate officer | 2018-09 | ||
| Cindi Fuller | corporate director | 2018-09 | ||
| David Johnson | corporate director | 2014-01 | ||
| James Butler | corporate officer | 2017-01 | ||
| James Butler | corporate director | 2014-01 | ||
| Kevin Kincaid | contracted managing employee | 2011-08 | ||
| Kevin Kincaid | corporate officer | 2013-10 | ||
| Kevin Kincaid | operational/managerial control | 2011-08 | ||
| Lisa Crossett | corporate director | 2014-01 | ||
| Lori Bailey | corporate director | 2016-01 | ||
| Mercy Health Network Inc | operational/managerial control | 2012-11 | ||
| Michelle Greene | corporate director | 2025-04 | ||
| Sally Clark | w-2 managing employee | 1988-08 | ||
| Sally Clark | operational/managerial control | 1988-08 | ||
| Samantha Keady | w-2 managing employee | 2022-01 | ||
| Sean Dhabalt | corporate officer | 2025-05 | ||
| Sean Dhabalt | w-2 managing employee | 2025-05 | ||
| Sean Dhabalt | operational/managerial control | 2025-05 | ||
| Todd Chambers | corporate officer | 2021-01 | ||
| Todd Chambers | corporate director | 2016-01 |
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 |