dealflow
envelope $200M

← Targets

Bryan Medical Center

Lincoln, Lancaster County, NE · CCN 280003
Licensed to Bryan Medical Center

Composite
32.1
rank score
Distress
18
FY2023
Fit
60
vs thesis
Estimated ticket
$51.0M–$102M
510 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • 30-60 days cash on hand
  • margin slipping
  • rural — cheaper but limited density
  • very large — likely out of range
  • ticket size somewhat below the envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$829M
Operating margin 5.3%
Total margin 17.3%
Days cash on hand 49
Current ratio 5.23
Occupancy72%

Facility

Beds510
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 534 $706M $148M 5.3% 18.1% 384 5.35 61% 24,228 0
2021 541 $803M $178M 9.6% 19.7% 32 1.26 66% 25,520 20
2022 510 $844M $17.9M 8.1% 2.3% 62 2.85 75% 27,489 10
2023 510 $829M $164M 5.3% 17.3% 49 5.23 72% 28,512 18

Owners

OwnerRole%SinceType
Aina Silenieks corporate director 2024-01
Alissa Clough corporate director 2024-01
Bryan Health
Lincoln, NE
operational/managerial control 1985-10
Connie Edmond corporate officer 2024-01
Connie Edmond corporate director 2022-01
David Griffiths w-2 managing employee 2023-01
David Griffiths operational/managerial control 2023-01
Elizabeth Lau corporate director 2022-01
Eric Mooss contracted managing employee 2023-01
Eric Mooss corporate officer 2023-01
Eric Mooss corporate director 2023-01
Eric Mooss operational/managerial control 2023-01
Erin Pemberton Duggan corporate officer 2021-01
Erin Pemberton Duggan corporate director 2020-01
Gayle Page corporate director 2021-01
Jack Huck corporate officer 2020-01
Jack Huck corporate director 2018-01
Janet Chung corporate director 2019-01
Kenneth Gross corporate officer 2022-01
Kenneth Gross corporate director 2018-01
Krystal Siebrandt corporate director 2024-01
Lisa Newcomer Vail corporate director 2023-11
Lorenzo Ball corporate director 2023-01
Max Rodenburg corporate director 2021-01
Michaella Kumke corporate director 2024-01

Showing 25 of 33. Full list via /api/targets/280003.

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 NE

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2022-01-01 Bryan Hospital Kearney Kearney Regional Medical Center Llc Kearney Regional Medical Center 93
2018-10-01 Methodist Fremont Health Fremont Health Methodist Fremont Health 50