Kiowa County Memorial Hosptial
Greensburg, Kiowa County, KS
· CCN 171332
Licensed to Kiowa County Memorial Hospital
Composite
36.5
rank score
Distress
50
FY2023
Fit
35
vs thesis
Estimated ticket
$1.1M–$2.2M
15 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- 60-90 days cash on hand
- occupancy 30-45%
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- thin occupancy
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $9.4M |
| Operating margin | -32.2% |
| Total margin | -4.2% |
| Days cash on hand | 68 |
| Current ratio | 2.68 |
| Occupancy | 43% |
Facility
| Beds | 15 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $72.2K |
| Per-bed (high) | $144K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 15 | $6.0M | $-1.1M | -59.5% | -12.5% | 7 | 1.46 | 42% | 34 | 76 |
| 2021 | 15 | $6.6M | $-353K | -50.5% | -3.7% | 82 | 4.14 | 44% | 77 | 56 |
| 2022 | 15 | $7.5M | $-641K | -42.9% | -6.4% | 58 | 3.90 | 39% | 63 | 62 |
| 2023 | 15 | $9.4M | $-504K | -32.2% | -4.2% | 68 | 2.68 | 43% | 82 | 50 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Jane Oborny | corporate officer | 100 | 2020-09 | |
| Jane Oborny | operational/managerial control | 100 | 2020-09 | |
| Morgan Allison | corporate officer | 100 | 2021-04 | |
| Morgan Allison | operational/managerial control | 100 | 2021-04 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2021-01-01 | change of ownership | Kiowa County Memorial Hospital | Great Plains Of Kiowa Co Inc |
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 |