dealflow
envelope $200M

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Ukhs Great Bend Campus

dba The University Of Kansas Health System Great Bend Campus · Great Bend, Barton County, KS · CCN 170191
Licensed to Ukhs Great Bend Llc

Composite
60.7
rank score
Distress
93
FY2024
Fit
47
vs thesis
Estimated ticket
$2.0M–$4.1M
29 beds · within envelope
Ownership
government
STH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • occupancy 30-45%
  • margin deteriorating
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$62.2M
Operating margin -14.6%
Total margin -13.7%
Days cash on hand 8
Current ratio 0.18
Occupancy36%

Facility

Beds29
Facility typeSTH
Settingrural
Ownership classgovernment
Per-bed (low) $70.0K
Per-bed (high) $140K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 29 $41.7M $-5.0M -28.0% -10.3% 114 0.85 36% 1,191 74
2022 29 $51.9M $-8.7M -23.2% -15.8% 48 0.51 38% 1,158 91
2023 29 $53.8M $-11.1M -22.8% -20.3% 11 0.25 33% 1,006 97
2024 29 $62.2M $-8.6M -14.6% -13.7% 8 0.18 36% 1,102 93

Owners

OwnerRole%SinceType
University Of Kansas Hospital Authority
Kansas City, KS
5% or greater direct ownership interest 100 2018-08
Catherine Wiens corporate officer 2023-09
Daniel Peters corporate officer 2023-09
John Worden corporate officer 2023-09
John Worden operational/managerial control 2023-09
Timothy Latimer corporate director 2018-08

Ownership changes

DateTypeBuyerSeller
2018-08-01 change of ownership Ukhs Great Bend Llc Great Bend Regional Hospital Llc

Who has been buying in KS

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2024-09-01 Mercy Hospital Pittsburg Inc Ascension Via Christi Hospital... Via Christi Hospital Pittsburg Inc. 64
2023-08-26 South Central Kansas Regional... South Central Kansas Regional... South Central Ks Regional Medical Ct
2023-01-01 Stormont Vail Health Flint Hills Llc Geary County Hospital Stormont Vail - Flint Hills 43
2022-05-01 Commonspirit Kansas Inc Dodge City Healthcare Group Llc St. Catherine Hospital - Dodge City 99
2020-01-26 Mercy Specialty Hospital Southeast Kansas City Of Galena-Kansas Mercy Specialty Hospital - Southeast 26
2019-05-01 Adventhealth Ransom Memorial Inc Ransom Memorial Hospital Adventhealth Ottawa 36
2018-08-01 Ukhs Great Bend Llc Great Bend Regional Hospital Llc Ukhs Great Bend Campus 29