Great Plains Health
North Platte, NE
· CCN 280065
Licensed to North Platte Nebraska Hospital Corporation
Composite
29.6
rank score
Distress
17
FY2023
Fit
55
vs thesis
Estimated ticket
$9.6M–$19.2M
96 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- 30-60 days cash on hand
- occupancy 45-60%
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $288M |
| Operating margin | 2.8% |
| Total margin | 16.1% |
| Days cash on hand | 60 |
| Current ratio | 2.85 |
| Occupancy | 52% |
Facility
| Beds | 96 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 96 | $225M | $24.7M | 5.2% | 10.4% | 196 | 3.93 | 51% | 4,299 | 2 |
| 2021 | 96 | $263M | $62.8M | 8.8% | 20.7% | 110 | 3.61 | 52% | 4,219 | 7 |
| 2022 | 96 | $269M | $-18.9M | 3.9% | -7.9% | 90 | 3.44 | 53% | 4,266 | 24 |
| 2023 | 96 | $288M | $53.8M | 2.8% | 16.1% | 60 | 2.85 | 52% | 4,212 | 17 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Amy Short | corporate director | 2026-01 | ||
| Danelle Franzen | corporate officer | 2022-07 | ||
| Danelle Franzen | w-2 managing employee | 2022-07 | ||
| Danelle Franzen | operational/managerial control | 2022-07 | ||
| Ivan Mitchell | corporate officer | 2015-11 | ||
| Ivan Mitchell | w-2 managing employee | 2015-11 | ||
| Ivan Mitchell | operational/managerial control | 2015-11 | ||
| Jacob Wiesen | corporate director | 2024-01 | ||
| James Hawks | corporate officer | 2024-01 | ||
| James Hawks | corporate director | 2022-01 | ||
| Janet Evans | corporate director | 2025-01 | ||
| Jayna Schaaf | corporate director | 2023-01 | ||
| Kaye Monie | corporate officer | 2025-02 | ||
| Kaye Monie | corporate director | 2023-01 | ||
| Leland Poppe | corporate director | 2024-01 | ||
| Lindsay Pedersen | corporate officer | 2022-01 | ||
| Lindsay Pedersen | corporate director | 2020-01 | ||
| Marie Martin | corporate director | 2022-10 | ||
| Michael Cunning | corporate director | 2022-01 | ||
| Michael Jacobson | corporate director | 2019-03 | ||
| Nathan Jacobson | corporate director | 2026-01 | ||
| Peter Volz | corporate director | 2021-01 | ||
| Ryan Purdy | corporate director | 2023-10 | ||
| Shawn Murdock | corporate director | 2024-01 | ||
| Summer Owen | corporate officer | 2022-06 |
Showing 25 of 29. Full list via /api/targets/280065.
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 |