Childrens Health Care
Minneapolis, Hennepin County, MN · CCN 243302
Composite
16.3
rank score
Distress
40
FY2023
Fit
57
vs thesis
Estimated ticket
$252M–$1.0B
420 beds ·
over envelope
Ownership
nonprofit
CH
Why it ranks here
- operating margin -10% to -5%
- under 30 days cash on hand
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- 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 | $1.0B |
| Operating margin | -7.6% |
| Total margin | 7.5% |
| Days cash on hand | 20 |
| Current ratio | 1.65 |
| Occupancy | 69% |
Facility
| Beds | 420 |
| Facility type | CH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $600K |
| Per-bed (high) | $2.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 375 | $740M | $35.2M | -14.5% | 4.1% | 13 | 1.52 | 65% | 11,114 | 50 |
| 2021 | 396 | $886M | $153M | -3.3% | 14.5% | 11 | 1.55 | 70% | 13,905 | 38 |
| 2022 | 400 | $966M | $-77.0M | -3.1% | -7.4% | 11 | 1.79 | 73% | 15,009 | 50 |
| 2023 | 420 | $1.0B | $83.7M | -7.6% | 7.5% | 20 | 1.65 | 69% | 14,468 | 40 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.