Adventhealth South Overland Park
Overland Park, KS
· CCN 170208
Licensed to Adventhealth South Overland Park Inc
Composite
60.8
rank score
Distress
78
FY2023
Fit
60
vs thesis
Estimated ticket
$14.3M–$57.4M
41 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin below -8%
- current ratio below 0.8
- liabilities exceed assets
- occupancy 30-45%
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- small but workable bed count
- small ticket — deploys little of the available capital
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $65.1M |
| Operating margin | -9.3% |
| Total margin | -9.1% |
| Days cash on hand | — |
| Current ratio | 0.31 |
| Occupancy | 40% |
Facility
| Beds | 41 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 41 | $32.6M | $-17.9M | -50.5% | -57.3% | 43 | 3.14 | 33% | 968 | 67 |
| 2023 | 41 | $65.1M | $-5.9M | -9.3% | -9.1% | — | 0.31 | 40% | 1,822 | 78 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adventisit Health Mid-America Inc | 5% or greater direct ownership interest | 100 | 2021-10 | |
| Adventist Health System Sunbelt Healthcare Corporation | 5% or greater indirect ownership interest | 100 | 2021-10 | chain |
| Adventist Health System Sunbelt Inc | 5% or greater indirect ownership interest | 100 | 2021-10 | |
| Amy Tysseling | corporate director | 2021-02 | ||
| Carl Gerlach | corporate director | 2021-02 | ||
| Dallas Purkeypile | contracted managing employee | 2024-03 | ||
| Dallas Purkeypile | corporate officer | 2024-03 | ||
| Dallas Purkeypile | corporate director | 2024-03 | ||
| Dallas Purkeypile | operational/managerial control | 2024-03 | ||
| David Huffman | corporate officer | 2021-02 | ||
| Dayton Botts | contracted managing employee | 2023-06 | ||
| Dayton Botts | corporate officer | 2023-12 | ||
| Dayton Botts | operational/managerial control | 2023-06 | ||
| Hannah Decamp | corporate director | 2023-01 | ||
| Jennifer Brown | corporate director | 2025-01 | ||
| Kathryn Wiltse | corporate officer | 2020-06 | ||
| Luis Garcia | corporate director | 2024-10 | ||
| Lyle Pishny | corporate director | 2021-02 | ||
| Lynn Addiscott | corporate officer | 2006-10 | ||
| Michael Saunders | corporate officer | 2007-06 | ||
| Sam Huenergardt | corporate officer | 2021-02 | ||
| Sam Huenergardt | corporate director | 2020-06 | ||
| Sheri Johnson | corporate director | 2021-02 | ||
| William Heinrich | corporate officer | 2021-09 | ||
| William Heinrich | corporate director | 2021-09 |
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 KS
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 |
|---|---|---|---|---|
| 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 |