Atchison Hospital Association
dba Amberwell Atchison ·
Atchison, Atchison County, KS
· CCN 171382
Licensed to Amberwell Atchison Association
Composite
51.3
rank score
Distress
74
FY2023
Fit
45
vs thesis
Estimated ticket
$1.5M–$3.0M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- 30-60 days cash on hand
- debt above 70% of assets
- occupancy 30-45%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $49.4M |
| Operating margin | -25.6% |
| Total margin | -11.9% |
| Days cash on hand | 46 |
| Current ratio | 2.26 |
| Occupancy | 31% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | $40.9M | $-111K | -14.8% | -0.2% | 191 | 2.43 | 36% | 1,221 | 41 |
| 2021 | 25 | $47.2M | $7.3M | -8.0% | 12.5% | 126 | 3.58 | 41% | 1,383 | 32 |
| 2022 | 25 | $50.3M | $-580K | -11.7% | -1.0% | 78 | 3.33 | 39% | 1,005 | 51 |
| 2023 | 25 | $49.4M | $-6.6M | -25.6% | -11.9% | 46 | 2.26 | 31% | 899 | 74 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alicia Sorensen | corporate officer | 2019-11 | ||
| Alicia Sorensen | corporate director | 2019-11 | ||
| Alicia Sorensen | w-2 managing employee | 2019-11 | ||
| Chase Dudzinski | corporate officer | 2022-08 | ||
| Chase Dudzinski | corporate director | 2022-08 | ||
| Chase Dudzinski | w-2 managing employee | 2022-08 | ||
| Douglass Adair | corporate director | 2025-01 | ||
| Gerald Henry | corporate officer | 2025-01 | ||
| Gerald Henry | corporate director | 2019-01 | ||
| Jared Abel | corporate officer | 2024-06 | ||
| Jared Abel | corporate director | 2024-06 | ||
| Jared Abel | w-2 managing employee | 2024-06 | ||
| Jordan Hawk | corporate officer | 2025-01 | ||
| Jordan Hawk | corporate director | 2021-05 | ||
| Kelli Mccarty | w-2 managing employee | 2014-03 | ||
| Lorin Affield | corporate officer | 2025-01 | ||
| Lorin Affield | corporate director | 2019-01 | ||
| Norma Green | corporate officer | 2018-01 | ||
| Norma Green | corporate director | 2018-01 | ||
| Norma Green | w-2 managing employee | 2018-01 | ||
| Renee Nugent | corporate officer | 2025-03 | ||
| Renee Nugent | corporate director | 2024-07 | ||
| Stan Sluder | corporate director | 2025-01 | ||
| Taylor Hausmann | corporate director | 2025-08 | ||
| Tyler Darland | corporate officer | 2025-01 |
Showing 25 of 27. Full list via /api/targets/171382.
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 |