Great Plains Of Ottawa County Inc
dba Ottawa County Health Center ·
Minneapolis, Ottawa County, KS
· CCN 171328
Licensed to Great Plains Of Ottawa Co Inc
Composite
29.0
rank score
Distress
20
FY2023
Fit
50
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin -10% to -5%
- 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 | $8.1M |
| Operating margin | -7.6% |
| Total margin | 14.5% |
| Days cash on hand | 236 |
| Current ratio | 7.82 |
| Occupancy | 63% |
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 | 25 | $6.1M | $-314K | -14.1% | -4.7% | 60 | 0.50 | 59% | 97 | 72 |
| 2021 | 25 | $6.4M | $2.2M | -13.9% | 23.4% | 66 | 1.58 | 53% | 91 | 40 |
| 2022 | 25 | $7.5M | $1.0M | -7.6% | 11.0% | 244 | 8.54 | 63% | 107 | 22 |
| 2023 | 25 | $8.1M | $1.5M | -7.6% | 14.5% | 236 | 7.82 | 63% | 87 | 20 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Curt Colson | operational/managerial control | 100 | 2022-04 | |
| Great Plains Health Alliance Inc | operational/managerial control | 100 | 2013-04 | |
| Arthur Henrickson | corporate officer | 2023-10 | ||
| Barbara Brown Applegate | corporate director | 2011-09 | ||
| Great Plains Of Ottawa Co Inc | operational/managerial control | 1964-09 | ||
| Jody Parks | corporate officer | 2012-08 | ||
| Jody Parks | w-2 managing employee | 2012-08 | ||
| Jody Parks | operational/managerial control | 2012-08 | ||
| John Terrill | corporate director | 2007-09 | ||
| Roger John | corporate officer | 2023-10 | ||
| Steve Carlson | corporate director | 2006-04 |
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 |