Jewell County Hospital
Mankato, Jewell County, KS
· CCN 171309
Licensed to Jewell County Hospital
Composite
35.3
rank score
Distress
34
FY2023
Fit
50
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- 60-90 days cash on hand
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $7.6M |
| Operating margin | -14.4% |
| Total margin | 9.8% |
| Days cash on hand | 87 |
| Current ratio | 2.12 |
| Occupancy | 69% |
Facility
| Beds | 25 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 23 | $4.6M | $-179K | -46.3% | -2.8% | 31 | 0.53 | 56% | 35 | 76 |
| 2021 | 25 | $4.6M | $1.6M | -67.8% | 17.0% | 22 | 0.86 | 55% | 38 | 66 |
| 2022 | 25 | $6.4M | $17.3K | -24.2% | 0.2% | 13 | 2.64 | 41% | 50 | 59 |
| 2023 | 25 | $7.6M | $947K | -14.4% | 9.8% | 87 | 2.12 | 69% | 57 | 34 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| County Of Jewell | 5% or greater direct ownership interest | 100 | 1967-11 | |
| Barry Bottger | corporate officer | 2023-01 | ||
| Cynthia Clark | corporate director | 2023-01 | ||
| D'ann Gardner | w-2 managing employee | 2001-02 | ||
| Doyle Mckimmy | contracted managing employee | 2007-05 | ||
| Doyle Mckimmy | corporate officer | 2007-05 | ||
| Doyle Mckimmy | w-2 managing employee | 2007-05 | ||
| Elizabeth Mckain | corporate director | 2023-01 | ||
| Elizabeth Mckain | w-2 managing employee | 2019-01 | ||
| Kendall Nelson | corporate director | 2023-01 | ||
| Leland Tice | corporate director | 2023-01 | ||
| Mark Fleming | corporate officer | 2025-03 | ||
| Steven Greene | corporate director | 2023-01 |
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 |