Patterson Health Center
Anthony, Harper County, KS
· CCN 171346
Licensed to Hospital District No 6 Of Harper County Kansas
Composite
36.8
rank score
Distress
48
FY2023
Fit
38
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- occupancy below 30%
- rural — cheaper but limited density
- small but workable bed count
- 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 | $17.3M |
| Operating margin | -49.2% |
| Total margin | -13.2% |
| Days cash on hand | 166 |
| Current ratio | 3.71 |
| Occupancy | 17% |
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 | $14.6M | $-4.8M | -49.9% | -28.0% | 199 | 3.39 | 19% | 214 | 53 |
| 2021 | 25 | $14.8M | $1.3M | -58.7% | 5.2% | 206 | 4.38 | 17% | 188 | 37 |
| 2022 | 25 | $14.3M | $-3.6M | -84.1% | -15.6% | 161 | 3.51 | 18% | 155 | 53 |
| 2023 | 25 | $17.3M | $-3.0M | -49.2% | -13.2% | 166 | 3.71 | 17% | 134 | 48 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alan Patterson | corporate director | 2014-05 | ||
| Kara Bello | corporate officer | 2022-01 | ||
| Lee Cox | corporate director | 2015-05 | ||
| Lori Allen | corporate officer | 2015-01 | ||
| Lori Allen | w-2 managing employee | 2015-01 | ||
| Pamela Fallis | corporate officer | 2022-01 | ||
| William Patton | corporate officer | 2018-04 | ||
| William Patton | w-2 managing employee | 2018-04 |
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 |