St. Gabriels Hospital
dba St Gabriel's Hospital ·
Little Falls, Morrison County, MN
· CCN 241370
Licensed to Unity Family Healthcare
Composite
54.9
rank score
Distress
82
FY2024
Fit
45
vs thesis
Estimated ticket
$1.5M–$3.0M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio under 1.5
- debt above 70% of assets
- occupancy 30-45%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $70.6M |
| Operating margin | -24.6% |
| Total margin | -11.1% |
| Days cash on hand | 8 |
| Current ratio | 1.04 |
| Occupancy | 33% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $59.5K |
| Per-bed (high) | $119K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $70.9M | $2.5M | -6.9% | 3.2% | 35 | 1.10 | 32% | 900 | 48 |
| 2022 | 25 | $71.0M | $-3.6M | -12.4% | -4.8% | 4 | 1.27 | 33% | 685 | 71 |
| 2023 | 25 | $68.8M | $-5.5M | -16.8% | -7.3% | 4 | 1.65 | 29% | 751 | 71 |
| 2024 | 25 | $70.6M | $-8.8M | -24.6% | -11.1% | 8 | 1.04 | 33% | 658 | 82 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Commonspirit Health | 5% or greater direct ownership interest | 100 | 2002-10 | |
| Amber Stowman | corporate officer | 2018-08 | ||
| Amber Stowman | w-2 managing employee | 2018-08 | ||
| Caroline Stoltz | corporate director | 2023-07 | ||
| Christine Gammon-Kruschek | corporate director | 2019-01 | ||
| Daniel Morissette | corporate officer | 2019-02 | ||
| Daniel Morissette | other | 2023-09 | ||
| Douglas Dahlberg | corporate director | 2020-11 | ||
| John Hacker | corporate director | 2023-07 | ||
| Jon Vetter | corporate director | 2016-07 | ||
| Kristine Erickson | corporate director | 2019-01 | ||
| Peter Germscheid | corporate director | 2020-11 | ||
| Roxanne Thompson | corporate director | 2020-11 | ||
| Steven Smith | corporate officer | 2001-04 | ||
| Steven Smith | w-2 managing employee | 2011-04 |
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 |