dealflow
envelope $200M

← Targets

Rooks County Health Center

Plainville, Rooks County, KS · CCN 171311
Licensed to Rooks County Health Center

Composite
33.1
rank score
Distress
46
FY2023
Fit
31
vs thesis
Estimated ticket
$1.9M–$3.7M
22 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin below -10%
  • total margin under 2%
  • 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 · FY2023

Net patient revenue$18.7M
Operating margin -14.3%
Total margin 0.5%
Days cash on hand 263
Current ratio 6.21
Occupancy24%

Facility

Beds22
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 22 $17.1M $2.2M -7.5% 10.7% 337 3.04 30% 313 36
2021 22 $20.5M $4.1M -4.0% 16.1% 255 6.17 33% 327 21
2022 22 $19.8M $2.0M -3.5% 8.8% 243 7.22 26% 269 24
2023 22 $18.7M $105K -14.3% 0.5% 263 6.21 24% 333 46

Owners

OwnerRole%SinceType
Anna Muir corporate director 2025-05
Brad Plumer corporate director 2023-01
Daniel Sanchez corporate director 2024-05
Jay Casey corporate director 2025-05
Joshua Thaden corporate director 2026-03
Joshua Thaden operational/managerial control 2026-03
Pam Harmon corporate officer 2011-01
Sheila Hachmeister corporate officer 2024-07
Sheila Hachmeister operational/managerial control 2024-07
Shelbe Darnell corporate director 2024-05
Stephanie Bjornstad corporate officer 2024-09
William Stahl corporate director 2014-09

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.

DateBuyerSellerHospitalBeds
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