Cch - Sauk Centre
dba Centracare - Sauk Centre Hospital ·
Sauk Centre, Stearns County, MN
· CCN 241368
Licensed to Centracare Health System - Sauk Centre
Composite
25.6
rank score
Distress
23
FY2024
Fit
38
vs thesis
Estimated ticket
$1.2M–$2.4M
14 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- 30-60 days cash on hand
- occupancy 30-45%
- margin slipping
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $45.1M |
| Operating margin | 7.3% |
| Total margin | 14.4% |
| Days cash on hand | 45 |
| Current ratio | 2.39 |
| Occupancy | 41% |
Facility
| Beds | 14 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 24 | $36.0M | $7.1M | -1.9% | 16.2% | 165 | 2.60 | 24% | 377 | 24 |
| 2022 | 14 | $39.5M | $882K | 4.3% | 2.3% | 123 | 2.05 | 44% | 417 | 10 |
| 2023 | 14 | $41.1M | $4.6M | 2.8% | 10.4% | 37 | 1.92 | 41% | 406 | 22 |
| 2024 | 14 | $45.1M | $7.0M | 7.3% | 14.4% | 45 | 2.39 | 41% | 412 | 23 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Centracare Health System | 5% or greater direct ownership interest | 100 | 2012-12 | |
| Bobbie Bertram | corporate director | 2021-07 | ||
| Bryan Rolph | corporate director | 2019-07 | ||
| Carrie Henning-Smith | corporate director | 2023-07 | ||
| Daniel Abdul | corporate director | 2022-07 | ||
| David Anfinson | corporate director | 2018-04 | ||
| Jacob Lyons | corporate director | 2024-07 | ||
| James Hebl | corporate director | 2017-07 | ||
| Jeffrey Gau | corporate director | 2017-07 | ||
| Kenneth Holmen | corporate director | 2015-01 | ||
| Michael Blair | corporate officer | 2019-09 | ||
| Michael Blair | w-2 managing employee | 2019-09 | ||
| Michelle Johnson | corporate director | 2021-07 | ||
| Renee Frauendienst | corporate director | 2017-07 | ||
| Richard Wehseler | corporate director | 2018-04 | ||
| Sherri Liebl | corporate officer | 2019-09 | ||
| Thomas Knoblach | corporate director | 2020-07 | ||
| Tina May | corporate officer | 2025-07 |
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 |