dealflow
envelope $200M

← Targets

Sanford Medical Center Jackson

dba Sanford Jackson Medical Center · Jackson, Jackson County, MN · CCN 241315
Licensed to Sanford Health Network

Composite
21.5
rank score
Distress
18
FY2023
Fit
34
vs thesis
Estimated ticket
$1.2M–$2.4M
14 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • occupancy below 30%
  • margin deteriorating
  • 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$15.2M
Operating margin 14.4%
Total margin 19.6%
Days cash on hand
Current ratio 19.76
Occupancy12%

Facility

Beds14
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 14 $13.5M $3.3M 15.7% 22.7% 0 11.60 14% 65 31
2021 14 $14.0M $3.2M 15.4% 21.3% 0 8.56 15% 52 31
2022 14 $16.2M $4.1M 19.2% 23.6% 0 30.57 14% 75 31
2023 14 $15.2M $3.2M 14.4% 19.6% 19.76 12% 67 18

Owners

OwnerRole%SinceType
Sanford
Fargo, ND
5% or greater indirect ownership interest 100 2009-11
Sanford Health
Sioux Falls, SD
5% or greater direct ownership interest 100 2007-08
Andrew North corporate officer 2015-12
Andrew North corporate director 2015-12
Brent Teiken corporate director 2012-07
Dana Dykhouse corporate director 2024-01
David Shulkin corporate director 2024-01
Eric Vanden Hull w-2 managing employee 2022-09
George Brown corporate officer 2025-01
George Brown corporate director 2025-01
Jolyn Munson w-2 managing employee 2025-04
Jon Pociask corporate officer 2025-08
Jon Pociask w-2 managing employee 2025-08
Kevin Schieffer corporate director 2025-01
Lauris Molbert corporate director 2021-01
Mark Lundeen corporate director 2014-12
Marnie Ventling-Herrmann corporate director 2022-01
Maureen Mccausland corporate director 2025-01
Michael Wilde w-2 managing employee 2024-05
Neil Gulsvig corporate director 2019-03
Nicholas Olson w-2 managing employee 2024-04
Stephanie Herseth Sandlin corporate director 2025-01
Thomas Wenzel corporate director 2025-01
Tony Morrison w-2 managing employee 2020-01
Wesley Engbrecht corporate director 2021-01

Showing 25 of 27. Full list via /api/targets/241315.

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.

DateBuyerSellerHospitalBeds
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