Allen County Regional Hospital
Iola, Allen County, KS
· CCN 171373
Licensed to Saint Lukes Hospital Of Allen County Inc
Composite
55.7
rank score
Distress
90
FY2023
Fit
38
vs thesis
Estimated ticket
$1.5M–$3.0M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- 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 | $26.9M |
| Operating margin | -14.6% |
| Total margin | -10.4% |
| Days cash on hand | 0 |
| Current ratio | -0.47 |
| Occupancy | 22% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $59.5K |
| Per-bed (high) | $119K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $12.6M | $-1.5M | -3.7% | -11.4% | 0 | 1.97 | 17% | 170 | 74 |
| 2021 | 25 | $25.2M | $781K | -6.3% | 2.8% | 0 | 0.87 | 19% | 243 | 73 |
| 2022 | 25 | $24.8M | $-6.6M | -30.4% | -25.5% | 0 | -0.46 | 22% | 212 | 100 |
| 2023 | 25 | $26.9M | $-2.9M | -14.6% | -10.4% | 0 | -0.47 | 22% | 252 | 90 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bjc Health System | 5% or greater indirect ownership interest | 100 | 2024-01 | |
| Saint Lukes Health System Inc | 5% or greater direct ownership interest | 100 | 2019-09 | |
| Allan Weber | corporate director | 2020-07 | ||
| Amy Nachtigal | corporate director | 2025-07 | ||
| Amy Nachtigal | operational/managerial control | 2025-07 | ||
| Darren Bass | corporate officer | 2023-09 | ||
| Darren Bass | operational/managerial control | 2023-09 | ||
| John Brocker | corporate director | 2020-07 | ||
| Julie Quirin | corporate officer | 2024-01 | ||
| Julie Quirin | corporate director | 2020-07 | ||
| Mary Heard | corporate director | 2020-07 | ||
| Shelby Frigon | corporate director | 2020-07 | ||
| Terry Sparks | corporate director | 2020-07 | ||
| William Patton | w-2 managing employee | 2024-09 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2020-07-01 | change of ownership | Saint Lukes Hospital Of Allen... | Allen County Kansas Hospital |
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 |