Alomere Health
Alexandria, Douglas County, MN
· CCN 240030
Licensed to Alomere Health
Composite
29.8
rank score
Distress
28
FY2023
Fit
43
vs thesis
Estimated ticket
$9.9M–$19.8M
99 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin -10% to -5%
- occupancy below 30%
- rural — cheaper but limited density
- bed count in the target band
- 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 | $183M |
| Operating margin | -6.3% |
| Total margin | 5.8% |
| Days cash on hand | 184 |
| Current ratio | 8.16 |
| Occupancy | 24% |
Facility
| Beds | 99 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 99 | $145M | $8.2M | -12.0% | 4.8% | 238 | 3.73 | 24% | 2,594 | 37 |
| 2021 | 99 | $167M | $18.4M | -1.4% | 9.8% | 211 | 7.37 | 27% | 2,806 | 24 |
| 2022 | 99 | $173M | $-1.4M | -7.0% | -0.8% | 180 | 8.02 | 25% | 2,483 | 39 |
| 2023 | 99 | $183M | $11.9M | -6.3% | 5.8% | 184 | 8.16 | 24% | 2,564 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Anthony Lussenhop | corporate director | 2024-01 | ||
| Carl Vaagenes | corporate officer | 2011-05 | ||
| Carl Vaagenes | w-2 managing employee | 2011-05 | ||
| Charlie Meyer | corporate director | 2013-01 | ||
| Eric Nelson | corporate director | 2026-01 | ||
| Jody Carlson | w-2 managing employee | 2011-07 | ||
| Kevin Kopischke | corporate director | 2025-01 | ||
| Laura Diedrich | w-2 managing employee | 2018-10 | ||
| Lisa Nori | w-2 managing employee | 2024-11 | ||
| Nathaniel Meyer | corporate officer | 2008-08 | ||
| Nathaniel Meyer | w-2 managing employee | 2008-08 | ||
| Nicole Klimek | corporate director | 2021-01 | ||
| Shane Schmiddt | corporate director | 2023-01 | ||
| Shari Laven | corporate director | 2019-01 | ||
| Trisha Reed | w-2 managing employee | 2018-06 |
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 MN
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 |
|---|---|---|---|---|
| 2018-01-01 | Carris Health Llc | Rice Memorial Hospital | Carris Health | 81 |
| 2017-01-01 | Allina Health System | Allina Health System | Mercy Hospital | 464 |