Hansen Family Hospital
Iowa Falls, Hardin County, IA
· CCN 161380
Licensed to Ellsworth Municipal Hospital
Composite
20.5
rank score
Distress
18
FY2024
Fit
31
vs thesis
Estimated ticket
$1.4M–$2.9M
17 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- very small facility
- 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 | $37.1M |
| Operating margin | 5.7% |
| Total margin | 6.4% |
| Days cash on hand | 179 |
| Current ratio | 3.21 |
| Occupancy | 20% |
Facility
| Beds | 17 |
| 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 | 17 | $28.0M | $5.7M | 1.0% | 16.5% | 304 | 3.25 | 27% | 225 | 16 |
| 2022 | 17 | $29.7M | $7.8K | -5.4% | 0.0% | 247 | 1.92 | 21% | 210 | 34 |
| 2023 | 17 | $32.1M | $1.8M | -3.2% | 4.9% | 188 | 3.36 | 15% | 179 | 24 |
| 2024 | 17 | $37.1M | $2.5M | 5.7% | 6.4% | 179 | 3.21 | 20% | 141 | 18 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ellsworth Municipal Hospital | operational/managerial control | 100 | 2021-11 | |
| George Vonmock | corporate officer | 100 | 2019-04 | |
| George Vonmock | w-2 managing employee | 100 | 2019-04 | |
| George Vonmock | operational/managerial control | 100 | 2019-04 | |
| Adam Nederhoff | corporate director | 2023-01 | ||
| Darla Nederhoff | w-2 managing employee | 1990-01 | ||
| Kinsey Aldinger | corporate director | 2025-07 | ||
| Marianne Jones | corporate director | 2014-05 | ||
| Prentice Lofstedt | corporate director | 2023-01 | ||
| Quinn Hoversten | corporate officer | 2020-01 | ||
| Shane Coughenour | corporate officer | 2003-03 | ||
| Shane Coughenour | w-2 managing employee | 2023-03 |
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 |