Sibley Medical Center
dba Ridgeview Sibley Medical Center ·
Arlington, Sibley County, MN
· CCN 241311
Licensed to Sibley Medical Center
Composite
19.0
rank score
Distress
12
FY2023
Fit
34
vs thesis
Estimated ticket
$1.7M–$3.4M
20 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- 90-150 days cash on hand
- occupancy below 30%
- 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
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $21.9M |
| Operating margin | 19.8% |
| Total margin | 24.0% |
| Days cash on hand | 102 |
| Current ratio | 2.50 |
| Occupancy | 11% |
Facility
| Beds | 20 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | 18 | $13.0M | $2.5M | 0.7% | 16.2% | 294 | 2.76 | 11% | 109 | 16 |
| 2021 | 20 | $18.1M | $4.4M | 19.2% | 23.1% | 195 | 1.51 | 14% | 143 | 9 |
| 2022 | 20 | $19.8M | $3.6M | 21.4% | 18.9% | 152 | 4.57 | 15% | 191 | 9 |
| 2023 | 20 | $21.9M | $5.5M | 19.8% | 24.0% | 102 | 2.50 | 11% | 97 | 12 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ridgeview Medical Center | 5% or greater direct ownership interest | 100 | 2014-01 | |
| Aaron Bloomquist | corporate officer | 2020-10 | ||
| Aaron Bloomquist | w-2 managing employee | 2020-10 | ||
| Acacia Meis | w-2 managing employee | 2022-06 | ||
| Ben Nielsen | corporate officer | 2018-06 | ||
| Ben Nielsen | w-2 managing employee | 2018-06 | ||
| Bertha Woehler | corporate director | 2023-01 | ||
| Brent Wordelman | corporate officer | 2026-04 | ||
| Brent Wordelman | w-2 managing employee | 2020-10 | ||
| Christopher Bielke | w-2 managing employee | 2022-06 | ||
| Diane Bias-Mosel | corporate director | 2018-01 | ||
| James Kreft | corporate director | 2023-01 | ||
| Jeffrey Nelson | corporate director | 2023-01 | ||
| Kelly Pierson | corporate director | 2024-01 | ||
| Michael Phelps | corporate officer | 2014-01 | ||
| Nancy Mathwig | corporate director | 2023-01 | ||
| Sheri Kumar | corporate director | 2026-01 |
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 |
|---|---|---|---|---|
| 2023-01-01 | Centracare Health - Benson Llc | Swift County-Benson Hospital | Centracare - Benson | 11 |
| 2021-07-01 | Welia Health | County Of Kanabec | Welia Health | 25 |
| 2020-05-01 | Healthpartners Rc | Renville County | Olivia Hospital And Clinics | 16 |
| 2020-01-01 | Avera Granite Falls | Granite Falls Municipal Hospital And Manor | Avera Granite Falls | 25 |
| 2019-01-01 | Carris Health - Redwood Llc | Redwood Area Hospital | Carris Health-Redwood Llc | 14 |
| 2018-01-01 | Mayo Clinic Health... | Mayo Clinic Health System - Waseca | Mayo Clinic Health System - Waseca | 15 |
| 2018-01-01 | Mayo Clinic Health... | Mayo Clinic Health System - New Prague | Mayo Clinic Health Sys - New Prague | 20 |
| 2018-01-01 | Mayo Clinic Health... | Mayo Clinic Health System-Cannon Falls | Cannon Falls Medical Center - Mayo | 15 |
| 2016-08-01 | Cuyuna Regional Medical Center | Cuyuna Range Hospital District | Cuyuna Regional Medical Center | 25 |