Nemaha Valley Community Hospital
Seneca, Nemaha County, KS
· CCN 171315
Licensed to Nemaha Valley Community Hospital
Composite
31.2
rank score
Distress
39
FY2024
Fit
34
vs thesis
Estimated ticket
$2.0M–$4.1M
24 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin below -10%
- occupancy below 30%
- margin deteriorating
- 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
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $22.0M |
| Operating margin | -12.5% |
| Total margin | 4.9% |
| Days cash on hand | 223 |
| Current ratio | 2.94 |
| Occupancy | 17% |
Facility
| Beds | 24 |
| 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 | 24 | $16.7M | $1.9M | -8.2% | 9.7% | 247 | 2.37 | 20% | 275 | 31 |
| 2022 | 24 | $19.4M | $1.6M | -8.1% | 7.0% | 210 | 7.63 | 21% | 386 | 31 |
| 2023 | 24 | $19.8M | $2.6M | -10.8% | 10.4% | 146 | 5.96 | 18% | 322 | 41 |
| 2024 | 24 | $22.0M | $1.3M | -12.5% | 4.9% | 223 | 2.94 | 17% | 307 | 39 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Kiley Floyd | corporate officer | 100 | 2016-06 | |
| Kiley Floyd | w-2 managing employee | 100 | 2016-06 | |
| Nemaha Valley Community Hospital | operational/managerial control | 100 | 2014-04 | |
| Edward Mohney | corporate director | 2011-07 | ||
| James Lueger | w-2 managing employee | 2019-07 | ||
| Jarod Snyder | w-2 managing employee | 2019-07 | ||
| Katie Nordhus | corporate director | 2019-07 | ||
| Kiley Floyd | corporate director | 2005-09 | ||
| Kris Enneking | corporate director | 2019-07 | ||
| Leah Hermesch | corporate director | 2019-07 | ||
| Lori Huerter | corporate director | 2005-09 | ||
| Lynda Cross | w-2 managing employee | 2014-04 | ||
| Mary Haverkamp | corporate director | 2019-07 | ||
| Tj Haverkamp | corporate director | 2019-07 |
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 |