Chi Health Good Samaritan
Kearney, Buffalo County, NE
· CCN 280009
Licensed to Good Samaritan Hospital
Composite
36.5
rank score
Distress
33
FY2024
Fit
54
vs thesis
Estimated ticket
$18.2M–$36.4M
182 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin under 2%
- current ratio below 0.8
- occupancy 30-45%
- margin deteriorating sharply
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $189M |
| Operating margin | 1.4% |
| Total margin | 18.1% |
| Days cash on hand | 206 |
| Current ratio | -1.38 |
| Occupancy | 43% |
Facility
| Beds | 182 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 233 | $176M | $73.2M | 2.2% | 29.9% | 976 | 1.81 | 33% | 5,782 | 6 |
| 2022 | 182 | $184M | $8.6M | 4.4% | 4.7% | 1,080 | 1.70 | 39% | 5,151 | 6 |
| 2023 | 182 | $175M | $14.1M | -3.3% | 7.2% | 220 | -1.65 | 39% | 4,883 | 34 |
| 2024 | 182 | $189M | $41.3M | 1.4% | 18.1% | 206 | -1.38 | 43% | 6,129 | 33 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Chi Nebraska | 5% or greater direct ownership interest | 100 | 2013-08 | |
| Commonspirit Health | 5% or greater indirect ownership interest | 100 | 2013-08 | |
| Cindy Alloway | corporate director | 2023-07 | ||
| Curt Coleman | operational/managerial control | 2022-08 | ||
| Daniel Morissette | other | 2023-09 | ||
| Dave Taylor | corporate director | 2022-10 | ||
| Evert Kuiper | corporate director | 2022-01 | ||
| Evert Kuiper | operational/managerial control | 2022-01 | ||
| Heather Morgan | corporate director | 2020-07 | ||
| John Petersdorf | corporate director | 2021-01 | ||
| Kathryne Cutler | corporate director | 2023-07 | ||
| Kelly Bacon | corporate director | 2021-07 | ||
| Kevin Fitzgerald | corporate director | 2021-07 | ||
| Kirtibala Gupta | corporate director | 2021-07 | ||
| Leo Searcey | corporate director | 2022-10 | ||
| Mardell Wilson | corporate director | 2020-10 | ||
| Maurita Soukup | corporate director | 2017-07 | ||
| Nadine Heimann | corporate director | 2019-07 | ||
| Nick O'tool | corporate officer | 2023-07 | ||
| Nick O'tool | operational/managerial control | 2023-01 | ||
| Tim Bricker | corporate officer | 2023-07 | ||
| Tim Bricker | corporate director | 2023-07 | ||
| William Barney | corporate director | 2020-07 |
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 NE
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 |
|---|---|---|---|---|
| 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 |