Mercy Hospital Columbus
Columbus, Cherokee County, KS
· CCN 171308
Licensed to Mercy Hospital Columbus
Composite
38.1
rank score
Distress
44
FY2024
Fit
41
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- debt above 70% of assets
- occupancy below 30%
- part of a multi-hospital chain — divestiture candidate
- 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 | $5.8M |
| Operating margin | 2.5% |
| Total margin | 3.3% |
| Days cash on hand | 0 |
| Current ratio | 0.68 |
| Occupancy | 7% |
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 | 6 | $4.8M | $-172K | -2.5% | -3.6% | 0 | 0.33 | 28% | 9 | 83 |
| 2022 | 25 | $5.0M | $-289K | -11.0% | -5.5% | 0 | 0.50 | 6% | 23 | 96 |
| 2023 | 25 | $5.8M | $467K | 6.5% | 7.9% | 0 | 1.85 | 5% | 20 | 31 |
| 2024 | 25 | $5.8M | $193K | 2.5% | 3.3% | 0 | 0.68 | 7% | 16 | 44 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Mercy Health | 5% or greater indirect ownership interest | 100 | 2009-11 | chain |
| Mercy Health Southwest Missouri Kansas Communities | 5% or greater direct ownership interest | 100 | 2009-11 | |
| Angella Saporito | corporate director | 2016-02 | ||
| Angella Saporito | w-2 managing employee | 2016-02 | ||
| Benjamen Williams | corporate director | 2017-07 | ||
| Chris Green | corporate director | 2012-02 | ||
| Don Kirk | corporate director | 2009-01 | ||
| Jamie Wilke | corporate officer | 2024-07 | ||
| Jeremy Drinkwitz | corporate officer | 2019-07 | ||
| Ken Jones | corporate director | 2012-02 | ||
| Sherry Clouse Day | corporate officer | 2020-08 | ||
| Stacie Farnam | w-2 managing employee | 2021-01 |
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 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 |
|---|---|---|---|---|
| 2021-01-01 | Kiowa County Memorial Hospital | Great Plains Of Kiowa Co Inc | Kiowa County Memorial Hosptial | 15 |
| 2020-07-01 | Saint Lukes Hospital Of Allen County Inc | Allen County Kansas Hospital | Allen County Regional Hospital | 25 |
| 2019-12-09 | Hillsboro Hospital Llc | Cah Acquisition Company 5 Llc | Hillsboro Community Hospital | 15 |