Goodland Regional Medical Center
Goodland, Sherman County, KS
· CCN 171370
Licensed to Goodland Regional Medical Center
Composite
31.8
rank score
Distress
43
FY2023
Fit
31
vs thesis
Estimated ticket
$2.0M–$3.9M
23 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- 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 | $20.8M |
| Operating margin | -11.5% |
| Total margin | 6.2% |
| Days cash on hand | 235 |
| Current ratio | 7.07 |
| Occupancy | 18% |
Facility
| Beds | 23 |
| 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 | 22 | $17.1M | $5.8M | -10.0% | 23.6% | 318 | 3.00 | 14% | 187 | 31 |
| 2021 | 22 | $19.3M | $3.6M | -1.2% | 15.6% | 322 | 2.74 | 21% | 328 | 24 |
| 2022 | 22 | $20.3M | $1.2M | -6.1% | 5.4% | 210 | 6.54 | 20% | 334 | 31 |
| 2023 | 23 | $20.8M | $1.5M | -11.5% | 6.2% | 235 | 7.07 | 18% | 320 | 43 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| County Of Sherman | 5% or greater direct ownership interest | 100 | 1966-01 | |
| Allison Mulch | corporate officer | 2024-06 | ||
| Allison Mulch | w-2 managing employee | 2019-10 | ||
| Amie Powell | corporate officer | 2024-06 | ||
| Amie Powell | w-2 managing employee | 2019-07 | ||
| Brian James | corporate director | 2023-09 | ||
| Brian Linin | corporate director | 2025-07 | ||
| Diana Slough | corporate director | 1990-06 | ||
| Diana Slough | w-2 managing employee | 1990-06 | ||
| Greg Cure | corporate director | 2011-07 | ||
| Heather Prideaux | corporate director | 2022-08 | ||
| John Mosbarger | corporate director | 2024-12 | ||
| Lucretia Stargell | corporate director | 2025-02 | ||
| Patricia Eckhardt | corporate director | 2022-01 | ||
| Terry Nash | corporate director | 2024-07 | ||
| Vicki Baker | corporate director | 2017-02 |
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 |