Abbott Northwestern Hospital
Minneapolis, Hennepin County, MN
· CCN 240057
Licensed to Allina Health System
Composite
21.4
rank score
Distress
70
FY2023
Fit
55
vs thesis
Estimated ticket
$213M–$853M
609 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $1.3B |
| Operating margin | -28.7% |
| Total margin | -8.7% |
| Days cash on hand | 0 |
| Current ratio | 2.87 |
| Occupancy | 79% |
Facility
| Beds | 609 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 583 | $1.2B | $-19.8M | -24.9% | -1.4% | 1 | -0.55 | 69% | 29,300 | 71 |
| 2021 | 577 | $1.3B | $-9.9M | -19.5% | -0.7% | 0 | -0.64 | 78% | 31,366 | 71 |
| 2022 | 586 | $1.2B | $-89.6M | -26.9% | -6.0% | 0 | -2.02 | 79% | 30,158 | 76 |
| 2023 | 609 | $1.3B | $-136M | -28.7% | -8.7% | 0 | 2.87 | 79% | 31,277 | 70 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Amy Ronneberg | corporate director | 2020-12 | ||
| Barbara Williams | corporate director | 2015-06 | ||
| Brian Mcgrane | corporate director | 2024-06 | ||
| Challis Lowe | corporate director | 2022-06 | ||
| Chanda Baker | corporate director | 2024-02 | ||
| Daniel O'laughlin | corporate director | 2022-01 | ||
| David Joos | corporate officer | 2022-04 | ||
| Debbra Schoneman | corporate director | 2013-06 | ||
| Dominica Tallarico | corporate officer | 2024-03 | ||
| James Kolar | corporate director | 2024-09 | ||
| Jennifer Alstad | corporate director | 2016-06 | ||
| John Church | corporate director | 2021-09 | ||
| Laura Gillund | corporate director | 2015-06 | ||
| Lisa Shannon | corporate director | 2022-01 | ||
| Louis King | corporate director | 2017-06 | ||
| Marna Borgstrom | corporate director | 2025-06 | ||
| Maykao Hang | corporate director | 2019-06 | ||
| Melinda Estes | corporate director | 2025-06 | ||
| Patricia Schirmers | w-2 managing employee | 2003-05 | ||
| Roger Newcome | w-2 managing employee | 2016-05 | ||
| Ruth Williams-Brinkley | corporate director | 2023-09 | ||
| Shari Ballard | corporate director | 2020-06 | ||
| Shawn Ulreich | corporate director | 2023-09 | ||
| Thomas Schreier | corporate director | 2014-03 | ||
| Timothy Welsh | corporate director | 2017-12 |
Showing 25 of 26. Full list via /api/targets/240057.
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 |